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Restructuring Activities
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Activities
Note 14. Restructuring Activities
During the three and nine months ended September 30, 2025, the Company incurred restructuring costs of $2.5 million and $12.4 million, respectively, 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 2025, 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 Statements of Operations during the three and nine months ended September 30, 2025 and 2024 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Cost of revenues$407 $713 $2,091 $1,320 
Research and development1,578 1,056 4,474 2,829 
Sales and marketing328 2,028 4,241 4,639 
General and administrative153 1,049 1,563 1,838 
Total restructuring costs$2,466 $4,846 $12,369 $10,626 
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, 2024$1,617 
Restructuring costs12,369 
Cash payments(13,439)
Balance as of September 30, 2025$547