Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES

v3.23.2
RESTRUCTURING CHARGES
 3 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During the quarters ending June 30, 2023 and 2022, the Company approved certain restructuring plans to improve operational efficiencies and rationalize its cost structure.
The following tables show the activity and the estimated timing of future payouts for accrued restructuring (in thousands):

  Severance and Benefits
Balance as of March 31, 2022 $ — 
   Restructuring costs   725
   Adjustments to prior estimates (1)
   Cash payments   (686)
Balance as of June 30, 2022
   $ 38 
Balance as of March 31, 2023   $ — 
   Restructuring costs   1,329 
   Cash payments   (1,219)
Balance as of June 30, 2023
   $ 110