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Restructuring
 3 Months Ended
Mar. 31, 2024
Restructuring [Abstract]  
Restructuring

Note 12. Restructuring



The Company committed to organizational restructurings during the first and third quarters of 2023, designed to decrease its costs and create a more streamlined organization to support its business. As of March 31, 2024 and December 31, 2023, the Company recorded a restructuring liability of $0.2 million and $0.5 million, respectively, which is included in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets.


The Company’s restructuring costs, primarily for cash severance and other severance costs, are allocated to the following operating expense categories as follows (in thousands):

   
Research and
Development
    
Selling,
general and
administrative
    
Total
  
Balance as of December 31, 2023
  
$
513
    
$
6
    
$
519
  
Restructuring charges incurred(1)
    
131
      
-
      
131
  
Cash payments and other adjustments(1)
    
(422
)
    
(6
)
    
(428
)
Balance as of March 31, 2024
  
$
222
    
$
-
    
$
222
  
Current liabilities
                  
$
222
  
Long-term liabilities
                    
-
  
Total liabilities as of March 31, 2024                  
$
222
  

(1)
Restructuring charges incurred and Cash payments and other adjustments include non-cash charges related to stock-based compensation expenses.

The Company’s restructuring activities are complete as of March 31, 2024 and the Company does not expect to incur material additional charges associated with these activities.