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 included a nearly 50% reduction in its workforce that was completed at the end of August 2022 (the “2022 Corporate Restructuring Plan”).

The following table sets forth activities for the Company’s 2022 Corporate Restructuring Plan obligations as of March 31, 2023:


2022 Corporate Restructuring Plan Obligation:	2023

Balance of 2022 Corporate Restructuring Plan accrual at January 1,	$	435
Charges for employee severance, benefits and other costs	—
Payments	(228)
Other adjustments	—
Balance of 2022 Corporate Restructuring Plan accrual at March 31,	$	207

The 2022 Corporate Restructuring Plan liabilities of $207 are included in the unaudited condensed consolidated balance sheet in accrued expenses at March 31, 2023.