Restructuring Activities

3 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

On May 12, 2022, the Board of Directors of Iteris, Inc. approved restructuring activities to better position the Company for increased profitability and growth. During the three months ended June 30, 2022, the Company incurred approximately $0.7 million related to employee separation costs in relation to these activities which were included in restructuring charges on the unaudited condensed statement of operations.

As of June 30, 2022, we have accrued approximately $0.7 million for severance and benefits related to the restructuring activities in accrued payroll and related expenses on the unaudited condensed balance sheet. Our restructuring activities during the three months ended June 30, 2022 were as follows (in thousands):


Balance at March 31, 2022	$	—
Charged to expenses	707
Cash payments	(19)
Balance at June 30, 2022	688