XML 45 R18.htm IDEA: XBRL DOCUMENT v3.24.0.1
Restructuring costs
 12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring costs Restructuring costs
After the completion of the acquisition of Strongbridge on October 5, 2021, the Company undertook a restructuring plan to streamline the organization and realize operating expense synergies. The Company incurred total restructuring costs of approximately $11.1 million, which primarily related to employee termination costs. These costs were fully recognized and recorded by 2022 in selling, general and administrative expenses in the consolidated statements of operations and comprehensive loss. The plan was fully paid out in the fourth quarter of 2023.
The following table summarizes the restructuring reserve in connection with the Strongbridge acquisition and the payments made during the years ended December 31, 2023, 2022 and 2021 (in thousands):
Restructuring Costs
Restructuring costs$9,657 
Payments(2,944)
Balance accrued at December 31, 2021
$6,713 
Restructuring costs1,488 
Payments(5,402)
Balance accrued at December 31, 2022
$2,799 
   Payments(2,799)
Balance accrued at December 31, 2023
$—