XML 81 R28.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Net Loss Before Income Tax Based on Jurisdictions | Net loss before income tax was subject to tax in the following jurisdictions for the following periods (in thousands):
| Years Ended December 31,
| 2023 |  | 2022 |
United States | $ | (12,859) |  |  | $ | (47,049) |  |
Germany | (76,970) |  |  | (67,448) |  |
Foreign | (3,783) |  |  | (5,911) |  |
| $ | (93,612) |  |  | $ | (120,408) |  |
Schedule of Income Tax Rate Reconciliation | The rate reconciliation consists of the following:
| Years Ended December 31,
| 2023 |  | 2022
Federal statutory rate | 21.0 | % |  | 21.0 | %
Foreign rate differential | 3.1 | % |  | 2.2 | %
Stock options | (1.2) | % |  | (1.1) | %
Tax effect of rate change | 0.0 | % |  | 0.0 | %
Goodwill impairment | 0.0 | % |  | (5.7) | %
Other | 1.2 | % |  | (0.7) | %
Change in valuation allowance | (24.1) | % |  | (15.7) | %
Effective tax rate | 0.0 | % |  | 0.0 | %
Schedule of Deferred Tax Assets and Liabilities |
| December 31,
| 2023 |  | 2022
| (in thousands)
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 20,768 |  |  | $ | 19,830 |
Stock-based compensation | 1,344 |  |  | 742 |
Intangible Assets | 2,743 |  |  | 2,923 |
Foreign net operating loss carryforwards | 71,398 |  |  | 47,179 |
Unrealized gain or loss | 1,784 |  |  | 1,686 |
Other, net | 1,014 |  |  | 693 |
Total deferred tax assets | 99,051 |  |  | 73,053 |
Deferred tax liabilities: |  |  |
Total deferred tax liability | — |  |  | — |
Net deferred tax assets | 99,051 |  |  | 73,053 |
Less valuation allowance | (99,051) |  |  | (73,053) |
| $ | — |  |  | $ | — |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration