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Restructuring (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Summarizes of future termination benefit payments

The following is a summary of restructuring charges associated with the reductions in force for the periods presented:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

 

(in thousands)

 

Research and development expense

 

$

356

 

 

$

 

 

$

3,750

 

 

$

 

General and administrative expense

 

 

 

 

 

 

 

 

1,357

 

 

 

45

 

Total restructuring charges

 

$

356

 

 

$

 

 

$

5,107

 

 

$

45

 

Restructuring of Labiality Activity

The following restructuring liability activity was recorded in connection with the reductions in force for the six months ended June 30, 2024:

 

 

(in thousands)

 

Liability balance, January 1, 2024

 

$

4,923

 

Restructuring charges

 

 

5,107

 

Cash payments

 

 

(8,533

)

Non-cash settlements/adjustments

 

 

(613

)

Liability balance, June 30, 2024

 

$

884