Restructuring Charges

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring Charges

Restructuring Charges

The 2019 Plan

In June 2019, the Company initiated a restructuring program to reduce overall expenses which is expected to improve future profitability by reducing spending on research and development efforts and sales, general and administrative programs (the “2019 Plan”). In connection with this restructuring program, the Company initiated a plan of termination resulting in a reduction of approximately 80 employees. During the three months ended March 31, 2020, the Company recorded a charge of approximately $0.8 million related to the reduction in workforce. As of March 31, 2020, the Company’s accrued restructuring balance was approximately $0.5 million. The 2019 Plan is expected to be substantially completed in the second quarter of 2020.