Quarterly report pursuant to Section 13 or 15(d)

Restructuring Costs

Restructuring Costs
9 Months Ended
Sep. 30, 2020
Restructuring And Related Activities [Abstract]  
Restructuring Costs

NOTE 14 —Restructuring Costs

The Company has reduced its global headcount from approximately 500 employees at year end 2019 to headcount of 349 of which 287 are full time employees and 62 contractors as of September 30, 2020. The Company executed a reduction in force of approximately 10% of our U.S. employees in February 2020, as well as in certain of our non-U.S. locations. The Company has also relocated its headquarters from San Mateo, California to Austin, Texas, a lower cost location.

The table below sets forth the activity in the Company’s restructuring costs, which is included in accrued expenses on the condensed consolidated balance sheet, as of September 30, 2020:


Balance, January 1, 2020





Additions: expensed costs





Expenses paid out





Balance, September 30, 2020





Total restructuring costs of approximately $1,204 were broken out between operating expenses of $1,104 and cost of revenues of $100 for the nine months ended September 30, 2020.