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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of loss before income taxes

Loss before income taxes consists of:

			For the Year Ended December 31,
			2023						2022
Domestic			$	(41,303)					$	(34,547)
Foreign			(6,375)						(1,960)
Income before taxes			$	(47,678)					$	(36,507)

Income tax reconciliation

The provision for income taxes differs from the amount computed by applying the statutory rate as follows:

			For the Year Ended December 31,
			2023						2022
Income taxes using U.S federal statutory rate			$	(10,012)					$	(7,666)
Nondeductible interest			127						139
Branch income			(1,230)						(385)
State income taxes, net of federal benefit			(31)						(531)
Foreign rate differential			506						165
Valuation allowance			7,099						9,221
Stock option expense, exercises and cancellations			2,899						752
Research and development costs			(859)						(708)
Other			(179)						(987)
Derivative Charge			1,680						—
			$	—					$	—

Significant components of deferred tax assets and liabilities

Significant components of the Company’s deferred tax assets are as follows:

			For the Year Ended December 31,
			2023						2022
Deferred tax assets:
Employee compensation accruals			$	1,377					$	2,772
Accrued liabilities			54						197
Research tax credits			2,330						1,429
Lease obligation			4						38
Other			233						160
Research expense capitalization			5,441						3,203
Net operating losses			29,875						24,595
Total deferred tax assets			$	39,314					$	32,394

			For the Year Ended December 31,
			2023						2022
Deferred tax liabilities:
Right of use asset			$	13					$	50
Total deferred tax liabilities			13						50
Valuation allowance			39,301						32,344
Net deferred tax assets			$	—					$	—

Summary of change in valuation allowance

The change in valuation allowance is as follows:

			December 31,
			2023						2022
Beginning Balance			$	32,344					$	23,125
Charged to costs and expenses			7,099						9,221
Charged to other comprehensive income			(142)						(2)
Ending balance			$	39,301					$	32,344

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- 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

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
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- 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

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
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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))
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Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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-Name Accounting Standards Codification
-Topic 740
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-Section 50
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