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Restructuring Costs
6 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring Costs Restructuring Costs
2022 Corporate Restructuring Plan
In June 2022, the Company announced a plan to optimize its cost structure to reduce total quarterly cash operating expenses, excluding inventory purchases.

The Company’s cost structure optimization efforts will include a nearly 50% reduction in its workforce by the end of August 2022 (the “2022 Corporate Restructuring Plan”). Restructuring charges of $3,592 associated with this plan, comprised primarily of severance related costs, were recorded in the three months ended June 30, 2022.

The following table sets forth activities for the Company’s 2022 Corporate Restructuring Plan obligations as of June 30, 2022:

2022 Corporate Restructuring Plan Obligation:2022
Balance of 2022 Corporate Restructuring Plan accrual at January 1,$— 
Charges for employee severance, benefits and other costs3,592 
Balance of 2022 Corporate Restructuring Plan accrual at June 30, $3,592 

The 2022 Corporate Restructuring Plan liabilities of $3,592 are included in the unaudited condensed consolidated balance sheet in accrued expenses at June 30, 2022.