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Workforce Reduction
 6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Workforce Reduction

11. Workforce Reduction

On October 6, 2022, the Company began a reduction of its current workforce by thirteen (13) full-time employees to align its resources with its current priorities of focusing on a mitochondrial disease-focused strategy. The workforce reduction was completed in the fourth quarter of 2022.

The Company recorded total costs related to the 2022 Workforce Reduction of approximately $1.3 million, including a de minimis amount of stock-based compensation from the modification of certain share-based equity awards.

The following table summarizes the accrued liabilities activity recorded in connection with the reduction in workforce for the six months ended June 30, 2023 (in thousands):

 

 

Amounts
accrued at
December 31,
2022

 

 

Charges

 

 

Amount
paid

 

 

Adjustments

 

 

Amounts
accrued at
June 30,
2023

 

Workforce reduction

 

$

(809

)

 

$

(127

)

 

$

791

 

 

$

—

 

 

$

(144

)

Total

 

$

(809

)

 

$

(127

)

 

$

791

 

 

$

—

 

 

$

(144

)