XML 33 R11.htm IDEA: XBRL DOCUMENT v3.22.2
Restructuring
6 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In the second quarter of 2022, the Company approved and implemented a restructuring plan to realign resources and reduce operating costs. As a result, during the three months ended June 30, 2022, the Company recorded restructuring charges of $2.7 million, primarily consisting of severance and continuation of health insurance benefits. The Company will continue to incur restructuring charges in the second half of fiscal year 2022; however they are not expected to be material.
The table below summarizes the restructuring charges recognized on the condensed consolidated statement of operations and comprehensive loss for the three months ended June 30, 2022 as follows:
Three Months Ended June 30, 2022
Research and development$830 
Sales and marketing787 
General and administrative1,048 
Total$2,665 
The table below summarizes the activity and balance of accrued restructuring, which is included in “Other current liabilities” in the condensed consolidated balance sheet:
Restructuring Accrual
Employee termination benefits$2,933 
Cash payments(1,739)
Restructuring liability as of June 30, 2022$1,194