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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Reconciliation of Federal Statutory Income Tax Rate to Effective Income Tax Rate | The effective tax rate if the Company’s provision (benefit) for income taxes differs from the federal statutory rate as follows (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Tax computed at federal statutory rate |  | $ | (2,877 | ) |  | $ | (7,214 | )
State tax, net of federal tax benefit |  |  | 611 |  |  |  | 1 |
Permanent differences |  |  | (166 | ) |  |  | 50 |
Warrant liability |  |  | (1,993 | ) |  |  | (665 | )
Research and development tax credits, net of uncertain positions |  |  | (1,050 | ) |  |  | (705 | )
Valuation allowance |  |  | 5,475 |  |  |  | 8,534 |
Income tax expense |  | $ | — |  |  | $ | 1 |
Schedule of Components of Deferred Tax Assets and Liabilities | Significant components of deferred tax assets (liabilities) are as follows (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 62,407 |  |  | $ | 58,535 |
Intangible assets |  |  | 10,356 |  |  |  | 9,865 |
Tax credit carry forwards |  |  | 13,506 |  |  |  | 12,403 |
Stock compensation |  |  | 2,026 |  |  |  | 1,700 |
Accrued compensation |  |  | 180 |  |  |  | 93 |
Total deferred tax assets |  |  | 88,475 |  |  |  | 82,596 |
Deferred tax liabilities |  |  |  |  |  |
Fixed assets |  |  | (15 | ) |  |  | (21 | )
Total deferred tax liabilities |  |  | (15 | ) |  |  | (21 | )
Total net deferred tax assets |  |  | 88,460 |  |  |  | 82,575 |
Less: valuation allowance |  |  | (88,460 | ) |  |  | (82,575 | )
Net deferred taxes |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Unrecognized Tax Benefits | The change in the Company’s unrecognized tax benefits is summarized as follows (in thousands):
Balance at December 31, 2022 |  | $ | 7,506 |
Increase related to current year tax positions |  |  | 2,846 |
Additions for tax positions of prior years |  |  | 21 |
Additions in connection with the reverse merger |  |  | 847 |
Reduction for tax positions of prior years |  |  | (140 | )
Balance at December 31, 2023 |  | $ | 11,080 |
Increase related to current year tax positions |  |  | 334 |
Additions for tax positions of prior years |  |  | 68 |
Balance at December 31, 2024 |  | $ | 11,482 |

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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 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
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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 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
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