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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of (Loss) Income before Provision for Income Taxes | Loss before provision for income taxes was generated from the following sources (in thousands):
| Year Ended December 31,
| 2023 |  | 2022
Domestic | $ | (24,364) |  |  | $ | (29,539) |
Foreign | 126 |  |  | 486 |
Total loss before provision for income taxes | $ | (24,238) |  |  | $ | (29,053) |
Schedule of Income Tax Expense (Benefit) | A summary of the income tax expense is as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022
Current: |  |  |
Federal | $ | — |  |  | $ | — |
State | 14 |  |  | 8 |
Foreign | 154 |  |  | 157 |
Total current | 168 |  |  | 165 |
Deferred: |  |  |
Federal | 9 |  |  | 24 |
State | (19) |  |  | 37 |
Foreign | — |  |  | — |
Total deferred | (10) |  |  | 61 |
Total income tax expense | $ | 158 |  |  | $ | 226 |
Schedule of Federal Statutory Rate to Loss Before Income Taxes | A reconciliation of the provision for income taxes to the amount of income tax expense that would result from applying the federal statutory rate to the loss before income taxes is as follows:
| Year Ended December 31,
| 2023 |  | 2022
Federal statutory rate | 21.0 | % |  | 21.0 | %
State tax, net of federal benefit | 2.0 |  |  | 4.1 |
Equity compensation | (2.3) |  |  | (1.5) |
International tax items | (1.6) |  |  | (3.9) |
Foreign taxes | (0.6) |  |  | (0.5) |
Debt extinguishment loss | (3.5) |  |  | — |
State Net Operating Loss true-up | (2.9) |  |  | (1.2) |
Miscellaneous | (1.2) |  |  | 1.8 |
Effect of change in rate | (2.6) |  |  | 0.7 |
Change in valuation allowance | (9.1) |  |  | (21.1) |
| (0.7) | % |  | (0.8) | %
Schedule of Components of Deferred Tax Assets and Liabilities | The major components of the Company’s deferred tax assets and liabilities are as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022
Deferred income tax assets |  |  |
Net operating loss carry forwards | $ | 41,561 |  |  | $ | 48,317 |
Research and development expenses | 6,953 |  |  | 5,100 |
Intangibles | 4,643 |  |  | 4,907 |
Credit carry forwards | 2,479 |  |  | 3,028 |
Nondeductible accruals | 405 |  |  | 453 |
163j limitation | 87 |  |  | 333 |
Fixed assets | 346 |  |  | 289 |
Equity-based compensation | 404 |  |  | 188 |
Deferred rent | 12 |  |  | 15 |
State taxes | 1,515 |  |  | 3 |
Total deferred income tax assets - net | 58,405 |  |  | 62,633 |
Deferred income tax liabilities |  |  |
Prepaid expenses | (82) |  |  | (92) |
Unrealized translation gain/loss | (6) |  |  | (21) |
Total deferred income tax liabilities - net | (88) |  |  | (113) |
Valuation allowance | (58,485) |  |  | (62,698) |
Net deferred income tax liabilities | $ | (168) |  |  | $ | (178) |
Schedule of Gross Unrecognized Tax Benefits Changes in Balances | The Company’s gross unrecognized tax benefits as of December 31, 2023 and 2022 and the changes in those balances are as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022
Beginning balance | $ | 412 |  |  | $ | 412 |
Other | — |  |  | — |
Gross unrecognized tax benefits, ending balance | $ | 412 |  |  | $ | 412 |

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