XML 52 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Loss before Income Taxes from U.S. Operations and Foreign

The Company’s loss before income taxes was generated from its U.S. operations and foreign operations as follows:

			Year Ended December 31,
			2024						2023						2022
United States			$	33,349					$	51,004					$	66,103
Foreign			16,407						10,505						8,214
Loss before taxes			$	49,756					$	61,509					$	74,317

Schedule of Components of Current and Deferred Income Tax Expense

The following table shows the expense (benefit) for income taxes:

			Year Ended December 31,
			2024						2023						2022
Current provision:
Federal			$	—					$	—					$	—
State			279						138						113
Foreign			406						33						—
Total current provision			$	685					$	171					$	113
Deferred provision (benefit):
Federal			$	(18)					$	1					$	(8)
State			(3)						4						(10)
Foreign			—						—						—
Total deferred (benefit) provision			$	(21)					$	5					$	(18)
Total provision for income taxes			$	664					$	176					$	95

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities were as follows:

			As of December 31,
			2024						2023						2022
Deferred income tax assets:
Net operating losses			$	86,277					$	83,257					$	80,494
Stock compensation			7,808						5,442						5,168
Research and development credits			2,617						2,617						2,617
Accrued compensation			6,405						5,955						4,675
Operating lease liabilities			2,152						1,567						646
Accrued legal settlement			16,283						17,674						19,203
R&E capitalization			4,107						3,415						1,100
Fixed asset depreciation			26						183						—
Other, net			8,382						5,126						2,135
Valuation allowance			(124,895)						(116,073)						(103,695)
Total deferred income tax assets			9,162						9,163						12,343
Deferred income tax liabilities:
Intangible amortization			(7,343)						(7,730)						(11,525)
Operating lease right-of-use assets			(1,825)						(1,460)						(495)
Fixed asset depreciation			—						—						(345)
Total deferred income tax liabilities			(9,168)						(9,190)						(12,365)
Net deferred income taxes			$	(6)					$	(27)					$	(22)

Schedule of Effective Income Tax

A reconciliation of the difference between the provision (benefit) for income taxes and income taxes at the statutory U.S. federal income tax rate is as follows:

			Year Ended December 31,
			2024						2023						2022
Income tax at statutory rate			$	(10,413)					$	(12,917)					$	(15,607)
State income taxes, net of federal benefit			(753)						(1,981)						(2,673)
Revaluation of contingent royalty obligation			1,823						1,078						1,462
Meals and entertainment			713						385						358
Change in state tax rate			50						218						(3)
Officers' compensation			1,231						793						(1,529)
Foreign Rate Differential			443						222						10
Stock compensation			(1,377)						449						299
Other, net			125						(449)						(391)
Valuation allowance			8,822						12,378						18,169
Income tax provision			$	664					$	176					$	95

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

			Year Ended December 31,
			2024						2023						2022
Beginning balance			$	2,924					$	2,924					$	2,924
Increases to prior year tax positions			—						—						—
Increases to current year tax positions			—						—						—
Ending balance			$	2,924					$	2,924					$	2,924

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 income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-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://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration