Quarterly report [Sections 13 or 15(d)]

Operational Improvement Plan (Tables)

v3.26.1
Operational Improvement Plan (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Accrued Restructuring Costs
As of June 30, 2026, accrued restructuring costs related to the Operational Improvement Plan, consist of the following (dollars in thousands, unaudited):
Reduction in Workforce
Transition Costs
Total Restructuring Costs
Balance as of January 1, 2026
$ 751  $ 489  $ 1,240 
Costs incurred
341  883  1,224 
Costs paid or settled
(690) (1,372) (2,062)
Balance as of June 30, 2026
$ 402  $ —  $ 402