Restructuring Costs

9 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring Costs

Note 16 –Restructuring Costs

In the three months ended September 30, 2023, the Company began the process to consolidate certain activities performed at one of its foreign locations.

The table below sets forth the restructuring costs, recorded in restructuring expense in the condensed consolidated statements of operations, incurred during the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended				Nine Months Ended
	2023		2022		2023		2022
Asset impairment	$	582	$	-	$	582	$	-
Contract termination		405		-		405		-
Employee severance		1,139		-		1,139		-
Other		440		-		440		-
	$	2,566	$	-	$	2,566	$	-

The table below sets forth the costs accrued related to the restructuring:

	Asset Impairment		Contract Termination		Employee Severance			Other			Total
Beginning balance, December 31, 2022	$	-	$	-	$	-		$	-		$	-
Costs accrued		582		405		1,139			440			2,566
Costs paid		-		-		(1,139	)		(115	)		(1,254	)
Ending balance, September 30, 2023	$	582	$	405	$	-		$	325		$	1,312

In connection with the restructuring, the Company recorded approximately $0.1 million to assets held for sale. Assets held for sale are in included in prepaid expenses and other in the condensed consolidated balance sheet.