As part of Orion's restructuring effort in fiscal 2025, Orion entered into certain retention bonus agreements with certain key employees. The remainder of those retention bonuses were paid in the third quarter of fiscal 2025 and are not anticipated to recur. In addition, an inventory write-off was recognized in the first quarter of fiscal 2025 for inventory related to a customer Orion no longer does business with due to the restructuring, along with a lease breakage fee that occurred in the second quarter of fiscal 2025 due to the closing of the Pewaukee office. Orion's restructuring expense for the three and nine months ended December 31, 2025 and 2024 is reflected within its Condensed Consolidated Statement of Operations as follows (dollars in thousands):


	For the Three Months Ended December 31,				For the Nine Months Ended December 31,
	2025		2024		2025		2024
Cost of product revenue	$	—	$	—	$	—	$	197
Cost of service revenue		—		—		—		149
General and administrative		—		20		—		388
Total Restructuring	$	—	$	20	$	—	$	734

Total restructuring expense by segment was recorded as follows (dollars in thousands):


	For the Three Months Ended December 31,				For the Nine Months Ended December 31,
	2025		2024		2025		2024
Segments:
Maintenance	$	—		20		—		719
Corporate and Other		—		—		—		15
Total Restructuring	$	—	$	20	$	—	$	734