XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.23.3

Property and Equipment, Net | 9 Months Ended
--- | ---
Sep. 30, 2023
Property, Plant and Equipment [Abstract] |
Property and Equipment, Net | Property and Equipment, Net The Company has property and equipment as follows (in thousands):
| September 30, 2023 |  | December 31, 2022
Furniture and Equipment | $ | 117 |  |  | $ | 224 |
Computer Equipment | 222 |  |  | 315 |
Leasehold Improvements | 2,200 |  |  | 2,273 |
Software | 204 |  |  | 263 |
Production Equipment | — |  |  | 23 |
Property and Equipment, Gross | 2,743 |  |  | 3,098 |
Less Accumulated Depreciation | (633) |  |  | (530) |
Foreign Currency Translation Adjustment | (161) |  |  | (168) |
Property and Equipment, Net | $ | 1,949 |  |  | $ | 2,400 |
During the three months ended September 30, 2023 and 2022, the Company recorded depreciation expense of $0.1 million for both respective periods. During the nine months ended September 30, 2023 and 2022, the Company recorded depreciation expense of $0.3 million and $0.2 million, respectively. Due to the lease termination effective August 1, 2023, $0.1 million of property and equipment was written down to zero and recorded in Loss on Lease Termination within Other Expense, net on the condensed consolidated statement of operations during the three and nine months ended September 30, 2023. In addition, during the first quarter of 2023, a reassessment of the Company’s long-lived assets was performed due to changes in its estimated undiscounted future cash flows. As a result, a loss of $0.1 million was recorded as an Impairment of Property and Equipment within Operating Expenses on the condensed consolidated statement of operations during the nine months ended September 30, 2023. The Company did not incur any impairment charges or write-downs during the nine months ended September 30, 2022.

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

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration