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Subsequent Events
3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

(11) Subsequent Events

In April 2023, the Company issued 2.0 million RSUs to its employees with service-based vesting conditions. The service-based vesting condition for the majority of these awards are satisfied over two or three years. The grant date fair value of the RSUs issued in April 2023 was approximately $25.4 million.

On April 3, 2023, the Company authorized a restructuring plan to reduce its global workforce by approximately 13%. The restructuring plan is intended to improve operational efficiencies and reduce operating costs, which the Company believes will allow it to scale for the future, continue its path to profitability, and deliver on its long-term vision. In connection with this reduction in workforce, the Company expects to incur non-recurring charges of approximately $7 million to $9 million, with the majority of such charges being incurred in the quarter ending June 30, 2023.