Merger, acquisition, and restructuring costs primarily consists of professional services fees and employee termination costs, including stock-based compensation charges, associated with historical acquisitions and restructuring activities.


	Three Months Ended
		March 31, 2023
	(in thousands)
Personnel related (severance and one-time termination benefit costs)		$	3,218
Loss contracts (facilities related)		2,190
Exit costs		1,408
Impairment of property and equipment, net		506
Non-cash stock-based compensation (double-trigger acceleration and severance)		143


Total merger, acquisition, and restructuring costs		$	7,465

During the three months ended March 31, 2024, the Company did not incur any merger, acquisition, and restructuring costs. During the three months ended March 31, 2023, the Company incurred merger, acquisition, and restructuring costs of $7.5 million, which included the Company's reduction of its global workforce primarily associated with the elimination of duplicative roles and other costs associated with the consolidation of its legacy CTV and SpotX CTV platforms following the 2021 acquisition of SpotX Inc., including loss contracts for office facilities the Company does not plan to continue to occupy and impairment charges related to certain assets it no longer plans to utilize.