Restructuring

9 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

On May 3, 2024, the Company announced a restructuring plan (“2024 Restructuring Plan”), including a reduction in its workforce by approximately 20%. On September 20, 2024, the Company announced additional actions under the 2024 Restructuring Plan that included a cumulative reduction in workforce of approximately 30% of the Company’s full-time employees since the beginning of 2024. On May 15, 2025, the Company began executing additional restructuring efforts (“2025 Restructuring Plan”), including a reduction in its workforce. The actions associated with the 2025 Restructuring Plan commenced immediately and are expected to be substantially complete by the end of 2025. By September 30, 2025, the reduction in workforce actions resulted in the termination of 287 employees. Separation costs associated with the 2025 Restructuring Plan amounted to $1.7 million and $3.0 million during the three and nine months ended September 30, 2025, respectively, have been included as restructuring costs in the condensed consolidated statement of operations.

The following table summarizes the restructuring charges for the 2024 Restructuring Plan and the 2025 Restructuring Plan as of September 30, 2025 (in thousands):

	Restructuring Expense
Balance as of December 31, 2024	$	772
Restructuring charges	2,952
Cash payments	(2,567)
Non-cash charges	(17)
Balance payable and accrued liabilities as of September 30, 2025	$	1,140

The entire balance payable of $1.1 million relates to the Autonomy Solutions segment.