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Australia Research and Development Tax Incentive | 3 Months Ended
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Mar. 31, 2024
Income Tax Disclosure [Abstract] |
Australia Research and Development Tax Incentive | Australia Research and Development Tax IncentiveThe Company’s Australian subsidiary, which conducts core research and development activities, is eligible to receive a refundable tax incentive between 43.5% to 48.5% (depending upon the income tax rate) for qualified research and development activities. As of the three months ended March 31, 2024 and 2023, the Company had $1.0 million and $1.0 million, respectively, recorded as an income tax incentive receivable in prepaid and other current assets in the consolidated balance sheets, as the Company determined that the expenses met the eligibility criteria and the amounts claimed are expected to be received shortly after the related tax returns are filed.

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