RESTRUCTURING CHARGES (Tables)

6 Months Ended

Jun. 30, 2023

RESTRUCTURING CHARGES.

Schedule of employee severance, benefits and related costs

During the six months ended June 30, 2023 and 2022, the Company recorded the following activity related to the Initiative in accrued expenses and other current liabilities on the balance sheet (in thousands):

	Six Months Ended June 30,
	2023		2022
Accrued expenses, beginning of period	$	1,096	$	—
Restructuring charges		6,468		9,697
Cash payments		(1,974)		(390)
Stock-based compensation		—		(7,313)
Inventory write-off		(2,484)		—
Accrued expenses, end of period	$	3,106	$	1,994

Schedule of restructuring and related costs

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Cost of sales	$	2,488	$	41	$	3,205	$	41
Research and development		265		8,117		2,898		8,117
Sales and marketing		4		667		130		667
General and administrative		93		489		235		489
Interest and other (expense) income, net		—		383		—		383
Total restructuring charges	$	2,850	$	9,697	$	6,468	$	9,697