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Restructuring and Other Related Charges (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Liability Activities

Restructuring liability activities during the three and six months ended June 30, 2024:

 

 

 

January 1,

 

 

 

 

 

 

 

 

June 30,

 

 

 

2024

 

 

Accruals

 

 

Cash Payments

 

 

2024

 

2024 Restructuring Plan

 

 

 

 

 

 

 

 

 

 

 

 

Severance Costs

 

$

 

 

$

4,706,249

 

 

$

(2,783,091

)

 

$

1,923,158

 

Retention Costs

 

 

 

 

 

823,821

 

 

 

 

 

 

823,821

 

Other Costs

 

 

 

 

 

920,399

 

 

 

(540,225

)

 

 

380,174

 

Total

 

$

 

 

$

6,450,469

 

 

$

(3,323,316

)

 

$

3,127,153