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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The U.S. and non-U.S. components of loss before income taxes consisted of the following (in thousands):

			Year Ended December 31,
			2023						2022
U.S.			$	(42,845)					$	(71,379)
Non-U.S.			1,138						800
Loss before income taxes			$	(41,707)					$	(70,579)

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision for income taxes are as follows (in thousands):

			Year Ended December 31,
			2023						2022
Current
Federal			$	—					$	—
State			54						31
Foreign			245						123
Total current			299						154
Deferred
Federal			138						12
State			6						3
Foreign			—						17
Total deferred			144						32
Provision for income taxes			$	443					$	186

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):

			Year Ended December 31,
			2023						2022
Deferred tax assets
Net operating loss carryforwards			$	40,911					$	38,144
Capitalized research and development costs			17,868						11,018
Deferred expenses			2,526						1,478
Lease liability			2,303						2,785
Stock compensation			1,197						3,049
Depreciation and amortization			470						311
Credits			—						142
Total deferred tax assets			$	65,275					$	56,927
Deferred tax liabilities
Capitalized service costs			$	(1,787)					$	(1,162)
Right-of-use asset			(2,093)						(2,564)
Subsidiary outside basis difference			(110)						—
Total deferred tax liabilities			(3,990)						(3,726)
Net deferred tax asset before valuation allowance			61,285						53,201
Less: valuation allowance			(61,430)						(53,216)
Net deferred tax asset (liability)			$	(145)					$	(15)

Schedule of Effective Income Tax Rate Reconciliation

The Company’s provision for income taxes attributable to continuing operations differs from the expected tax expense amount computed by applying the statutory federal income tax rate of 21% to loss before income taxes due to the following:

			Year Ended December 31,
			2023						2022
Income tax at U.S. statutory rate			21.0		%				21.0		%
Effect of:
Change in valuation allowance			(19.7)						(27.6)
State taxes, net of federal benefit			3.8						6.0
Permanent items			(0.7)						(0.1)
Stock-based compensation			(5.9)						—
Tax credits			—						0.5
Other items			0.3						—
Income tax provision effective rate			(1.2)		%				(0.2)		%

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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.

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-Topic 740
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-Paragraph 9
-Section 50
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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.

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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.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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-Topic 235
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-Name Accounting Standards Codification
-Section S99
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