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Restructuring Plan (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2024

 

 

 

Severance & Employee-Related Costs

 

 

Accelerated Depreciation

 

 

Facility and Other Exit Costs

 

 

Total

 

 

 

(Amounts in thousands)

 

Cost of goods sold

 

$

371

 

 

$

 

 

$

143

 

 

$

514

 

Research and development

 

 

284

 

 

 

 

 

 

 

 

 

284

 

Selling, general and administrative

 

 

157

 

 

 

 

 

 

17

 

 

 

174

 

 

 

$

812

 

 

$

 

 

$

160

 

 

$

972

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Six Months Ended June 30, 2024

 

 

 

Severance & Employee-Related Costs

 

 

Accelerated Depreciation

 

 

Facility and Other Exit Costs

 

 

Total

 

 

 

(Amounts in thousands)

 

Cost of goods sold

 

$

853

 

 

$

19

 

 

$

201

 

 

$

1,073

 

Research and development

 

 

449

 

 

 

 

 

 

 

 

 

449

 

Selling, general and administrative

 

 

856

 

 

 

 

 

 

17

 

 

 

873

 

 

 

$

2,158

 

 

$

19

 

 

$

218

 

 

$

2,395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Activity Related to Restructuring Plan Activity related to the Restructuring Plan for the six months ended June 30, 2024 was as follows (amounts in thousands):

 

 

 

Restructuring Liability
December 31, 2023

 

 

Restructuring Costs

 

 

Amounts Paid in 2024

 

 

Noncash Restructuring Items

 

 

Restructuring Liability
June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance & employee-related costs

 

$

464

 

 

$

2,158

 

 

$

(1,909

)

 

$

(74

)

 

$

639

 

Accelerated depreciation

 

 

 

 

 

19

 

 

 

 

 

 

(19

)

 

 

 

Facility and other exit costs

 

 

 

 

 

218

 

 

 

(218

)

 

 

 

 

 

 

Total

 

$

464

 

 

$

2,395

 

 

$

(2,127

)

 

$

(93

)

 

$

639