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RESTRUCTURING
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING RESTRUCTURING
On May 24, 2024, the Company announced a restructuring plan (the “2024 Restructuring Plan”) intended to optimize operating expenses in response to evolving business needs and productivity improvement through a reduction in workforce. The Company completed the 2024 Restructuring Plan during the first quarter of 2025.
On March 28, 2023, the Company announced a restructuring plan (the “2023 Restructuring Plan”) intended to reduce operating expenses in response to evolving business needs and productivity improvement through a reduction in workforce. The Company completed the 2023 Restructuring Plan during the first quarter of 2024.
A summary of restructuring liabilities associated with the restructuring plans was as follows (in thousands):
Three Months Ended March 31,
20252024
Restructuring liabilities - beginning of period$267 $54 
Restructuring charges excluding non-cash items
— — 
Cash payments(267)(54)
Restructuring liabilities - end of period$— $— 
As of March 31, 2025 and December 31, 2024, the restructuring liabilities associated with the 2024 Restructuring Plan were nil and immaterial, respectively.