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Note 19 - Restructuring Costs | 6 Months Ended
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Jun. 30, 2025
Notes to Financial Statements |
Restructuring and Related Activities Disclosure [Text Block] | 19. Restructuring Costs February 2024 Workforce Reduction On February 7, 2024, Ting committed to the February 2024 workforce reduction ( “February 2024 Workforce Reduction”) which aimed to realign the Company's operational structure within the Ting operating segment and reduce Ting's workforce by 13%, or 7% of the Company’s total workforce, to better align with strategic objectives. The February 2024 Workforce Reduction was designed to streamline operations and reduce operating expenses within the Ting operating segment. All of the employees impacted by the workforce reduction were notified on February 7, 2024 and have since exited the Company. During the three and six months ended June 30, 2025, the Company incurred NIL in costs related to this restructuring, which were accounted for under ASC 420 - Exit or Disposal Cost Obligations. During the three and six months ended June 30, 2024, the Company incurred $0.3 million and $2.8 million in costs related to this restructuring. These costs associated with the February 2024 Workforce Reduction predominantly consisted of one-time termination benefits for the terminated employees associated with the restructuring, and to a lesser extent, continuation of benefits and outplacement costs. The components of the restructuring charges were as follows (Dollar amounts in thousands of U.S. dollars):
|  | Three months ended June 30, |  |  | Six months ended June 30, |
Cost Description |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
One-time pay |  | $ | - |  |  | $ | 190 |  |  | $ | - |  |  | $ | 2,279 |
Continuation of benefits |  |  | - |  |  |  | 56 |  |  |  | - |  |  |  | 336 |
Outplacement costs |  |  | - |  |  |  | 20 |  |  |  | - |  |  |  | 211 |
Total restructuring charges |  | $ | - |  |  | $ | 266 |  |  | $ | - |  |  | $ | 2,826 |
2024 Capital Efficiency Plan On October 30, 2024, the Company expanded its cost-reduction efforts with the implementation of a 2024 Capital Efficiency Plan (the "2024 Capital Efficiency Plan"). The Plan was designed to further align operations with strategic priorities, improve operational efficiency, and reduce operating expenses within Ting. In connection with the 2024 Capital Efficiency Plan, the Company incurred restructuring charges of $7.7 million during the year ended December 31, 2024. These charges primarily consisted of termination benefits for the terminated employees associated with the restructuring, continuation of benefits, outplacement costs and professional services. The liability for the 2024 Capital Efficiency Plan was included in Accrued liabilities in the consolidated balance sheet, and the following table summarizes the related activity for the 2024 Capital Efficiency Plan for the three and six months ended June 30, 2025 (Dollar amounts in thousands of U.S. dollars):
Cost Description |  | As of March 31, 2025 |  |  | Charges for the three months ended June 30, 2025 |  |  | Cash payments made in the three months ended June 30, 2025 |  |  | Balances as of June 30, 2025 |
One-time pay |  | $ | 304 |  |  | $ | - |  |  | $ | (38 | ) |  | $ | 266 |
Outplacement costs |  |  | 70 |  |  |  | - |  |  |  | (38 | ) |  |  | 32 |
Total |  | $ | 374 |  |  | $ | - |  |  | $ | (76 | ) |  | $ | 298 |
Cost Description |  | As of December 31, 2024 |  |  | Charges for the six months ended June 30, 2025 |  |  | Cash payments made in the six months ended June 30, 2025 |  |  | Balances as of June 30, 2025 |
One-time pay |  | $ | 591 |  |  | $ | - |  |  | $ | (325 | ) |  | $ | 266 |
Continuation of benefits |  |  | (1 | ) |  |  | - |  |  |  | 1 |  |  |  | - |
Outplacement costs |  |  | 118 |  |  |  | - |  |  |  | (86 | ) |  |  | 32 |
Professional service fees |  |  | 420 |  |  |  | - |  |  |  | (420 | ) |  |  | - |
Total |  | $ | 1,128 |  |  | $ | - |  |  | $ | (830 | ) |  | $ | 298 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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