Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.22.2
Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent EventsIn July 2022, management approved a plan of termination that resulted in a reduction in the Company’s total full-time employee workforce by approximately 7%. The Company expects to substantially complete this workforce reduction by the end of the third quarter of 2022. As a result of this workforce reduction, the Company expects to incur a pre-tax cash charge of approximately $1.5 million for one-time termination benefits, which substantially consist of severance. The Company expects all charges associated with the workforce reduction to be incurred and paid by the end of the third quarter of 2022.