Restructuring and Other	9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Other	12. Restructuring and Other During the three months ended March 31, 2023, the Company took an action to restructure certain parts of the Company with the intent of aligning skills with the Company’s strategy and facilitating cost efficiencies and savings. As a result, certain headcount reductions were necessary. The Company incurred approximately $0.4 million in restructuring charges in the three months ended March 31, 2023. The restructuring charges reflected post-employment benefits, and the Company did not incur any additional restructuring charges related to this action. As of March 31, 2023, the restructuring charges are reflected in the Condensed Consolidated Statements of Operations as follows: $0.2 million - General and Administrative; $0.1 million – Research and Development; and $0.1 million – Sales and Marketing. The Company paid the entire amount as of March 31, 2023. During the three months ended March 31, 2024, the Company took an action to restructure certain parts of the Company with the intent of aligning skills with the Company’s strategy and facilitating cost efficiencies and savings. As a result certain headcount reductions were necessary. The Company incurred approximately $0.1 million and $2.2 million in restructuring charges in the three and nine months ended September 30, 2024, respectively. The restructuring charges reflect post-employment benefits, and the Company does not expect to incur any additional restructuring charges related to this action. As of September 30, 2024, the restructuring charges are reflected in the Condensed Consolidated Statements of Operations as follows: $0.2 million - Cost of Revenue; $0.6 million - General and Administrative; $0.4 million – Research and Development; and $1.0 million – Sales and Marketing. The Company paid the entire amount as of September 30, 2024. During the three months ended March 31, 2024, the Company incurred costs of approximately $0.2 million relating to mobility taxes owed. During the three months ended June 30, 2024 and September 30, 2024 the Company did not incur in any additional costs relating to mobility taxes owed.

Restructuring and Other

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

12. Restructuring and Other

During the three months ended March 31, 2023, the Company took an action to restructure certain parts of the Company with the intent of aligning skills with the Company’s strategy and facilitating cost efficiencies and savings. As a result, certain headcount reductions were necessary. The Company incurred approximately $0.4 million in restructuring charges in the three months ended March 31, 2023. The restructuring charges reflected post-employment benefits, and the Company did not incur any additional restructuring charges related to this action. As of March 31, 2023, the restructuring charges are reflected in the Condensed Consolidated Statements of Operations as follows: $0.2 million - General and Administrative; $0.1 million – Research and Development; and $0.1 million – Sales and Marketing. The Company paid the entire amount as of March 31, 2023.

During the three months ended March 31, 2024, the Company took an action to restructure certain parts of the Company with the intent of aligning skills with the Company’s strategy and facilitating cost efficiencies and savings. As a result certain headcount reductions were necessary. The Company incurred approximately $0.1 million and $2.2 million in restructuring charges in the three and nine months ended September 30, 2024, respectively. The restructuring charges reflect post-employment benefits, and the Company does not expect to incur any additional restructuring charges related to this action. As of September 30, 2024, the restructuring charges are reflected in the Condensed Consolidated Statements of Operations as follows: $0.2 million - Cost of Revenue; $0.6 million - General and Administrative; $0.4 million – Research and Development; and $1.0 million – Sales and Marketing. The Company paid the entire amount as of September 30, 2024.

During the three months ended March 31, 2024, the Company incurred costs of approximately $0.2 million relating to mobility taxes owed. During the three months ended June 30, 2024 and September 30, 2024 the Company did not incur in any additional costs relating to mobility taxes owed.

BRIGHTCOVE INC 10-Q