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Restructuring
3 Months Ended
Mar. 31, 2016
Restructuring  
Restructuring

10. Restructuring

 

In March 2016, the Company commenced implementation of a reorganization of its operations intended to improve efficiency and better align the Company’s costs and employment structure with its strategic plans. The Company expects to complete its reorganization by June 30, 2016, with approximately $2.6 million in total one-time charges related to work-force reductions. The Company recorded a one-time charge of $1.9 million for the period ended March 31, 2016. Of the $1.9 million in one-time charges, $1.6 million related to severance and $0.3 million related to benefits and other related charges. The total $1.9 million in one-time charges is recorded in research and development and selling, general and administrative expenses in the accompanying statement of operations.