XML 30 R21.htm IDEA: XBRL DOCUMENT v3.25.3
Early Termination And Other Charges
9 Months Ended
Sep. 30, 2025
Early Termination And Other Charges [Abstract]  
Early Termination And Other Charges
12. Early Termination and Other Charges
As of August 1, 2025, the Company implemented a voluntary resignation program (the “Program”) as part of its cost reduction initiatives to better align its spending level with a strategic focus on becoming a pure-play Power company. The shutdown of the Display business resulted in certain shared function positions becoming redundant, as those functions had supported both the Display and Power businesses. Under the Program, the Company recorded termination-related charges of $2,599 thousand in its consolidated statements of operations, classified as “early termination and other charges” for the nine months ended September 30, 2025.
In addition, for the nine months ended September 30, 2025, the Company recorded $1,745 thousand of certain executive separation benefits and $496 thousand of
one-time
employee incentives, which were also classified as “early termination and other charges” in the consolidated statements of operations.