On May 12, 2025, the Company initiated a restructuring plan designed to improve operational efficiencies, reduce operating costs, better align the Company's workforce with top strategic priorities and key growth opportunities, and exit over time some of the Company's lower margin products outside of the ADAS application (the "2025 Restructuring Plan"). The 2025 Restructuring Plan includes, but is not limited to, consolidation of facilities, reduction of workforce in various geographic locations, impairment of certain intangible assets related to intellectual property licenses and early termination of certain contractual obligations.

The 2025 Restructuring Plan is deemed to be fundamentally different from the Company's ongoing productivity action due to its size, nature and frequency. As a result, all pre-tax charges related to such initiatives are separately reflected in Restructuring costs in the consolidated statement of operations for the year ended December 31, 2025. Liabilities associated with the 2025 Restructuring Plan are included in Accrued payroll liabilities and Accrued expenses and other current liabilities in the consolidated balance sheet for personnel and non-personnel related charges, respectively. During the year ended December 31, 2025, the Company recorded total restructuring charges of $9,066, most of which were related to personnel costs and impairment of long-lived assets. The following table summarizes the provisions, respective payments and remaining accrued balance for charges incurred as of December 31, 2025:


	Personnel Cost			Long-Lived Asset Impairment			Other Exit Costs			Total
Balance as of December 31, 2024	$	—		$	—		$	—		$	—
Provision for net charges incurred		5,132			3,725			209			9,066
Cash payments		(3,506	)		—			(209	)		(3,715	)
Non-cash reductions		(489	)		(3,725	)		-			(4,214	)
Other adjustments		—			—			—			—
Balance as of December 31, 2025	$	1,137		$	—		$	—		$	1,137

The 2025 Restructuring Plan was substantially completed as of December 31, 2025.

In August 2024, the Company initiated the 2024 Restructuring Plan, which consisted of actions including but not limited to, workforce and facilities reductions. These actions commenced during the third quarter of 2024 and were substantially completed at December 31, 2024. Due to the size, nature and frequency of this Plan, it is fundamentally different from the Company’s ongoing productivity actions. As a result, all pre-tax charges related to such initiatives are separately reflected in Restructuring costs in the Company’s consolidated statement of operations for the year ended December 31, 2024. Liabilities associated with the Restructuring Plan are separately reflected in Accrued payroll liabilities and Accrued expenses and other current liabilities in the Company’s consolidated balance sheet for personnel and non-personnel related charges, respectively. For the year ended December 31, 2024, the Company incurred total charges

of $4,332 and remaining liabilities as of December 31, 2024 totaled $884. For the year ended December 31, 2025, remaining liabilities were de minimus.