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Restructuring Activities
 3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Activities
Note 14. Restructuring Activities
During the three months ended March 31, 2024, the Company incurred restructuring costs of $4.6 million in continuation of management’s headcount actions as part of the broader efforts to optimize the Company’s cost structure. The restructuring costs primarily consisted of severance payments, employee benefits and related costs. The Company expects to substantially complete these actions in 2024, subject to local law and consultation requirements in certain countries. The Company may incur other charges or cash expenditures not currently contemplated due to unanticipated events that may occur as a result of or in connection with the implementation of these actions.
The following table summarizes the Company’s restructuring costs that were recorded as an operating expense in the accompanying Condensed Consolidated Statement of Operations during the three months ended March 31, 2024, and 2023 (in thousands):
Three Months Ended
March 31,
20242023
Cost of revenues$561 $418 
Research and development1,450 1,434 
Sales and marketing2,162 2,599 
General and administrative409 424 
Total restructuring costs$4,582 $4,875 
The following table summarizes the Company’s restructuring liability that is included in accrued liabilities in the accompanying Condensed Consolidated Balance Sheets (in thousands):
Balance as of December 31, 2023$3,191 
Restructuring costs4,582 
Cash payments(5,532)
Balance as of March 31, 2024$2,241