Note 16 - Restructuring Charges

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

16. RESTRUCTURING CHARGES

In April 2023 and June 2022, we completed cost savings reviews aimed at operating efficiencies to better position us for profitable growth. We identified a number of operational synergies and cost savings opportunities, including a reduction in workforce. These restructuring charges are recorded within Operating Expenses on the accompanying unaudited condensed consolidated statement of operations.

During the six months ended June 30, 2023 and 2022, the following activity was recorded:

	Employee Severance, Benefits and Related Costs
	For the Six Months Ended June 30,
($ in thousands)	2023			2022
Accrued expenses, beginning of period	$	381			-
Restructuring charges		1,034		$	1,201
Cash payments		(314	)		(100	)
Accrued expenses, end of period	$	1,101		$	1,101