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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Certain Selected Components of Discontinued Operations
For the Year Ended December 31, 2023For the Year Ended December 31, 2022
CXApp DivestitureGrafiti Holding and Grafiti LLC DivestitureTotal Discontinued OperationsCXApp DivestitureGrafiti Holding an Grafiti LLC DivestitureTotal Discontinued Operations
Revenues$1,620 $4,840 $6,460 $8,470 $4,839 $13,309 
Cost of Revenues4836811,164 2,064 1,304 3,368 
Gross Profit1,137 4,159 5,296 6,406 3,535 9,941 
Operating Expenses
Research and development1,514 4,081 5,595 9,323 3,854 13,177 
Sales and marketing988 1,896 2,884 4,996 1,662 6,658 
General and administrative1,644 1,325 2,969 10,540 1,466 12,006 
Acquisition related costs— — — 16 — 16 
Transaction costs1,043 — 1,043 — — — 
Impairment of goodwill and intangibles
— — — 5,540 5,476 11,016 
Amortization of intangibles805 — 805 3,885 639 4,524 
Total Operating Expenses5,994 7,302 13,296 34,300 13,097 47,397 
Loss from Operations(4,857)(3,143)(8,000)(27,894)(9,562)(37,456)
Interest income/(expense), net1 3 4 4 (77)(73)
Other income/(expense)— 1,315 1,315 (1)712 711 
Unrealized gain (loss) on equity securities— 5,609 5,609 — (7,904)(7,904)
Realized loss on investment— (6,692)(6,692)— — — 
Unrealized loss on equity method investment— — — — (1,784)(1,784)
Loss on discontinued operations— (2,303)(2,303)— — — 
Total Other Income (Expense)1 (2,068)(2,067)3 (9,053)(9,050)
Loss from discontinued operations, before tax(4,856)(5,211)(10,067)(27,891)(18,615)(46,506)
Income tax provision(2,478)(205)(2,683)(80)(36)(116)
Loss from discontinued operations, net of tax$(7,334)$(5,416)$(12,750)$(27,971)$(18,651)$(46,622)

The Consolidated Statements of Cash Flows are presented on a consolidated basis for both continuing operations and discontinued operations. Cash used in operating activities of discontinued operations totaled approximately 0.5 million and $24.1 million for the year ended December 31 2023 and 2022, respectively. Cash used in investing activities from discontinued operations totaled approximately $0.05 million and $0.3 million for the years ended December 31, 2023 and 2022, respectively.
The following table summarizes certain assets and liabilities of discontinued operations:

For the Year Ended December 31, 2023For the Year Ended December 31, 2022
CXApp DivestitureGrafiti LLC DivestitureTotal Discontinued OperationsCXApp DivestitureGrafiti LLC DivestitureTotal Discontinued Operations
Current Assets of Discontinued Operations
Cash and cash equivalents$— $1,121 $1,121 $10,000 $951 $10,951 
Accounts receivable— 1,036 1,036 1,338 7022,040 
Other receivables— 2 2 273 3276 
Inventory— 1,212 1,212 — 445445 
Prepaid expenses and other current assets— 251 251 650 112762 
Property and equipment, net— 700700 — — — 
Operating Lease Right-of-Use Asset, net— 88 — — — 
Software development costs, net— 605605 — — — 
Investment in equity securities— 6565 — — — 
Long term investments— 5050 — — — 
Other Assets— 2121 — — — 
Allowance on current assets classified as discontinued operations— (2,303)(2,303)— — — 
Current Assets of Discontinued Operations$— $2,768 $2,768 $12,261 $2,213 $14,474 
Long Term Assets of Discontinued Operations
Property and equipment, net$— $— $— $202 $722 $924 
Operating Lease Right-of-Use Asset, net— — — 681 4 685 
Software development costs, net— — — 487 741 1,228 
Investment in equity securities— — — — 330 330 
Long term investments— — — — 50 50 
Intangible assets, net— — — 19,289 — 19,289 
Other Assets— — — 52 15 67 
Long Term Assets of Discontinued Operations$— $— $— $20,711 $1,862 $22,573 
Current Liabilities of Discontinued Operations
Accounts payable$— $734 $734 $1,054 $783 $1,837 
Accrued liabilities— 520 520 1,736 783 2,519 
Operating lease obligation, current— 9 9 266 4 270 
Deferred revenue— 697 697 2,162 777 2,939 
Short term debt— — — $— 1,078 1,078 
Current Liabilities of Discontinued Operations$— $1,960 $1,960 $5,218 $3,425 $8,643 
Long Term Liabilities of Discontinued Operations
Operating lease obligation, noncurrent$— $— $— $444 $— $444 
Other Liabilities, noncurrent— — — 28 — 28 
Long Term Liabilities of Discontinued Operations$— $— $— $472 $— $472 
Schedule of Equity Securities The composition of the Company’s investment securities—fair value was as follows (in thousands):
December 31, 2023 Cost Fair Value
Investments in equity securities -fair value
Equity shares$54,237 $63 
Equity rights11,064 2 
Total investments in equity securities - fair value$65,301 $65 
Schedule of Other Long-Term Investments
The following component represents components of Other long-term investments as of December 31, 2023:
Ownership interest as of December 31,Ownership interest as of December 31,
20232022Instrument Held
Investee
CVH LLC Class A— %14.1 %Units
CVH LLC Class B38.4 %38.4 %Units
Schedule of Fair Value of Assets
The Company's assets measured at fair value consisted of the following at December 31, 2023 and December 31, 2022:
Fair Value at December 31, 2023
Total Fair ValueLevel 1 - Quoted Prices in Active Markets for Identical AssetsLevel 2 - Significant Other Observable InputsLevel 3 - Significant Unobservable Inputs
Assets:
Investments in equity securities65 54 — 11 
Total assets$65 $54 $— $11 
Fair Value at December 31, 2022
Total Fair ValueLevel 1 - Quoted Prices in Active Markets for Identical AssetsLevel 2 - Significant Other Observable InputsLevel 3 - Significant Unobservable Inputs
Assets:
Investments in equity securities330 319 — 11 
Total assets$330 $319 $— $11 
Schedule of Reconciliation of Assets for Level 3 Investments The following table is a reconciliation of assets for Level 3
investments for which significant unobservable inputs were used to determine fair value for the year ended December 31, 2023 (in thousands):

Level 3
Level 3 Investments
Balance at January 1, 2023$11 
Unrealized loss on equity securities— 
Balance at December 31, 2023$11 

The following table is a reconciliation of assets for Level 3 investments for which significant unobservable inputs were used to determine fair value for the year ended December 31, 2022 (in thousands):

Level 3
Level 3 Investments
Balance at January 1, 2022$1,838 
Transfers in - FOXO Technologies, Inc. convertible note6,050 
Transfers in - FOXO Technologies, Inc. original issue discount on convertible note(550)
Amortization of original issue discount on convertible note206 
Change in fair value on debt securities791 
Transfers out - FOXO Technologies, Inc. conversion of note to marketable equity securities(6,497)
Unrealized loss on equity securities(1,827)
Balance at December 31, 2022$11