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Restructuring Plan (Tables)
3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Activities by Type of Cost

The following table summarizes the charges related to restructuring activities by type of cost:

 

 

 

For the Three Months Ended March 31, 2024

 

 

 

Severance & Employee-Related Costs

 

 

Accelerated Depreciation

 

 

Facility and Other Exit Costs

 

 

Total

 

 

 

(Amounts in thousands)

 

Cost of goods sold

 

$

482

 

 

$

19

 

 

$

58

 

 

$

559

 

Research and development

 

 

165

 

 

 

 

 

 

 

 

 

165

 

Selling, general and administrative

 

 

699

 

 

 

 

 

 

 

 

 

699

 

 

 

$

1,346

 

 

$

19

 

 

$

58

 

 

$

1,423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Activity Related to Restructuring Plan Activity related to the Restructuring Plan for the three months ended March 31, 2024 was as follows (amounts in thousands):

 

 

 

Restructuring Costs

 

 

Amounts Paid in 2024

 

 

Non-Cash Restructuring Items

 

 

Restructuring Liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance & employee-related costs

 

$

1,346

 

 

$

(471

)

 

$

(108

)

 

$

767

 

Accelerated depreciation

 

 

19

 

 

 

 

 

 

(19

)

 

 

 

Facility and other exit costs

 

 

58

 

 

 

(48

)

 

 

(10

)

 

 

 

Total

 

$

1,423

 

 

$

(519

)

 

$

(137

)

 

$

767