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Restructuring
12 Months Ended
Dec. 31, 2021
Restructuring And Related Activities [Abstract]  
Restructuring

15. Restructuring

In July 2020, the Company relocated certain of its operations and incurred an initial restructuring charge of $2.4 million related to abandoning office space in Los Angeles, California. During the year ended December 31, 2021, the Company recorded a $0.2 million reversal in restructuring expense related to a change in the present value of future sublease income, due to the execution of a sublease agreement in August 2021. This expense and reversal was recorded within restructuring (reversal) charges on the Company’s consolidated statement of operations and comprehensive loss. The following table summarizes the restructuring activity for the year ended December 31, 2021 and 2020 (in thousands):

 

 

Facility

 

 

 

Related Costs

 

Accrued restructuring as of December 31, 2019

 

$

 

Charges

 

 

2,434

 

Cash payments

 

 

(349

)

Other

 

 

167

 

Accrued restructuring as of December 31, 2020

 

$

2,252

 

Reversals

 

 

(241

)

Cash payments

 

 

(865

)

Other

 

 

93

 

Accrued restructuring as of December 31, 2021

 

$

1,239

 

As of December 31, 2021 the remaining restructuring liability was $1.2 million, of which $0.4 million was included within accrued expenses and other current liabilities and $0.8 million was included within other long-term liabilities on the Company’s consolidated balance sheets. The restructuring liability will be reduced by net contractual lease payments through the remaining term of the lease in May 2025.