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Impairment, Restructuring and Other Charges
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Impairment, Restructuring and Other Charges Impairment, Restructuring and Other Charges
The following table details impairment, restructuring and other charges for each of the periods presented (in thousands):
Three Months Ended
June 30, 		Six Months Ended
June 30,
2025202420252024
Asset impairment charges$413 $1,921 $413 $7,413 
Restructuring and reorganization charges
1,142 1,114 1,142 1,935 
Impairment, restructuring and other charges$1,555 $3,035 $1,555 $9,348 

Asset Impairments

During the three and six months ended June 30, 2025 we recognized non-cash, pre-tax asset impairment charges of $0.4 million, related to operating lease right-of-use asset impairments for certain vacated leased office spaces in the “Impairment, restructuring and other charges” line in our Condensed Consolidated Statements of Comprehensive Loss. Refer to Note 10 – Leases for additional information related to our lease impairment charges.

During the three and six months ended June 30, 2024, we recognized non-cash, pre-tax asset impairment charges of $1.9 million and $7.4 million, respectively, related to several of our leased office spaces in the “Impairment, restructuring and other charges” line in our Condensed Consolidated Statements of Comprehensive Loss. These charges were comprised of $1.8 million and $6.9 million of operating lease right-of-use asset impairments and $0.1 million and $0.5 million of property and equipment impairment for the three and six months ended June 30, 2024, respectively. Refer to Note 10 – Leases for additional information related to our lease impairment charges.

Restructuring

Our restructuring and reorganization costs and liabilities consist primarily of severance, transition and other related costs. The following table summarizes the cash-based restructuring and reorganization related liabilities (in thousands):
Balance at December 31, 2024$— 
Restructuring and reorganization charges1,142 
Payments(571)
Balance at June 30, 2025$571 

During the three and six months ended June 30, 2025, we recognized $1.1 million of pre-tax restructuring charges in the “Impairment, restructuring and other charges” line in our Condensed Consolidated Statements of Comprehensive Loss, primarily related to employee termination benefits as a result of macroeconomic changes and internal restructuring initiatives. Substantially all of the restructuring charges are expected to be settled in cash and no equity awards were modified. As of June 30, 2025, we had a $0.6 million restructuring accrual on our Condensed Consolidated Balance Sheet.

During the three and six months ended June 30, 2024, we recognized $1.1 million and $1.9 million, respectively, of pre-tax restructuring charges in the “Impairment, restructuring and other charges” line in our Condensed Consolidated Statements of Comprehensive Loss, primarily related to employee termination benefits as a result of our cost-reduction efforts.