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Impairment, Restructuring and Other Charges
 9 Months Ended
Sep. 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
September 30, 		Nine Months Ended
September 30,
2025202420252024
Asset impairment charges$455 $— $868 $7,413 
Restructuring and reorganization charges
— 61 1,142 1,996 
Impairment, restructuring and other charges$455 $61 $2,010 $9,409 

Asset Impairments

During the three and nine months ended September 30, 2025 we recognized non-cash, pre-tax asset impairment charges of $0.5 million and $0.9 million, respectively, 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. We did not incur any asset impairment charges for the three months ended September 30, 2024. For the nine months ended September 30, 2024, we recognized non-cash, pre-tax asset impairment charges of $7.4 million, 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 included $6.9 million of operating lease right-of-use asset impairments and $0.5 million of property and equipment impairment for the nine months ended September 30, 2024. 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(1,032)
Balance at September 30, 2025$110 

During the three months ended September 30, 2025, we incurred no pre-tax restructuring charges. During the nine months ended September 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 September 30, 2025, we had a $0.1 million restructuring accrual on our Condensed Consolidated Balance Sheet.

During the three and nine months ended September 30, 2024, we recognized $0.1 million and $2.0 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.