Restructuring charges

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Restructuring charges

Restructuring charges

Restructuring charges for each period were as follows:

	Year ended December 31,
(in thousands)	2023		2022		2021
Cost of revenue	$	(90)	$	8,090	$	70
Research and development	687		244		600
Sales and marketing	130		137		361
General and administrative	11		77		195
Total restructuring charges	$	738	$	8,548	$	1,226

Fourth quarter 2022 restructuring

In December 2022, the Company approved a restructuring plan to reduce camera production-related costs by globally realigning its manufacturing footprint to concentrate production activities in two primary locations: China

and Thailand. Under the fourth quarter 2022 restructuring, the Company recorded restructuring charges of $8.1 million including $7.0 million for camera production line closure costs and $1.1 million for related transitional costs to migrate production to the Company’s remaining manufacturing locations.

The following table provides a summary of the Company’s restructuring activities and the movement in the related liabilities recorded in accrued expenses and other current liabilities on the Consolidated Balance Sheets under the fourth quarter 2022 restructuring.

(in thousands)	Contract and Other Costs		Total
Restructuring liability as of December 31, 2022	$	7,833	$	7,833
Restructuring charges (releases)	(184)		(184)
Cash paid	(7,649)		(7,649)
Restructuring liability as of December 31, 2023	$	—	$	—