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Reorganization
3 Months Ended
Mar. 31, 2022
Reorganizations [Abstract]  
Reorganization

8. Reorganization

 

In October 2021, we implemented a restructuring plan under which we provided employees one-time severance payments upon termination, continued benefits for a specific period of time, outplacement services and certain stock option modifications.

 

The total expense for these activities was $1.4 million, $1.3 million of which was primarily for severance and $0.1 million of which was for non-cash, stock-based compensation expense related to stock option modifications, which was recognized in the fourth quarter of 2021. As of March 31, 2022, we have paid $1.3 million of the total cash severance charges. We have accounted for these expenses in accordance with the FASB ASC Topic 420, Exit or Disposal Cost Obligations.