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Restructuring Charges
12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
In December 2022, following its acquisition of SAC Sirius Advanced Cybernetics GmbH (refer to Note 21), the Company completed restructuring activities to align the cost and operating structure of the acquired business with the Company's business strategy. The restructuring activities included a workforce reduction of 18 employees and the termination of certain operating lease contracts, and resulted in charges of $1,657,000 in 2022. These charges are included in “Restructuring charges” on the Consolidated Statements of Operations.
The following table summarizes the restructuring charges for the year ended December 31, 2022 (in thousands):

Amount
One-time termination benefits$1,584 
Contract termination costs73 
$1,657 
The following table summarizes the activity in the Company’s restructuring reserve, which is included in “Accrued expenses” on the Consolidated Balance Sheets (in thousands):
One-time Termination BenefitsContract Termination CostsTotal
Balance as of December 31, 2021$— $— $— 
Restructuring charges1,584 73 1,657 
Cash payments(646)— (646)
Foreign exchange rate changes26 28 
Balance as of December 31, 2022964 75 1,039 
Cash payments(973)(75)(1,048)
Foreign exchange rate changes— 
Balance as of December 31, 2023$ $ $