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Other Income (expense), Net
3 Months Ended
Mar. 31, 2024
Other Income (expense), Net  
Other Income (expense), Net

Note 13. Other Income (expense), Net

Other income (expense), net for the three months ended March 31, 2024 and 2023, includes a grant of $1.0 million and $0.5 million, respectively, from government agencies as awards for technological innovation.

In addition, we incurred a foreign currency transaction exchange gain of $58,000 and a loss of $213,000 for the three months ended March 31, 2024 and 2023, respectively.