In June 2023, pursuant to the Board of Directors’ approval, the Company began implementing a restructuring plan to pursue greater efficiency and to realign its business and strategic priorities. This includes facilities consolidation strategy to cease use of a part of its corporate office building under its operating lease (see Note 13, Subsequent Event) and reduction in force of its employee base. During the three and six months ended June 30, 2023, the Company incurred costs for one-time termination benefits for employee positions that were eliminated under the restructuring plan. Affected employees received severance consideration and continuation of benefits, as well as transition assistance. The Company recorded these restructuring charges in the second quarter of 2023 and expects to substantially complete implementing the restructuring plan in 2023. A summary of the Company’s restructuring costs for one-time termination benefits is as follows (in thousands):



	Balance at		Restructuring					Balance at
	December 31, 2022		Charge		Cash Payments			June 30, 2023
One-time termination benefits	$	—	$	1,705	$	(1,007	)	$	698
Other		—		219		(61	)		158
Total	$	—	$	1,924	$	(1,068	)	$	856