Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Loss from Continuing Operations Before Income Taxes

The components of loss from continuing operations before income taxes for the years ended December 31, 2024, 2023 and 2022 are summarized below (in thousands):

	2024		2023		2022
Pre tax book income (loss):
Domestic	$	(64,655)	$	(68,000)	$	(95,425)
Foreign	(14,357)		(6,735)		(6,681)
Total pre tax book income (loss)	$	(79,012)	$	(74,735)	$	(102,106)

Schedule of Components of Income Tax Expense

The components of income tax expense for the years ended December 31, 2024, 2023 and 2022 are summarized below (in thousands):

	2024		2023		2022
Current expense (benefit):
Federal	$	62	$	28	$	(36)
Foreign	51		244		490
State	463		252		179
Total current expense (benefit)	576		524		633
Deferred expense (benefit):
Federal	164		201		210
Foreign	(265)		(499)		(1,078)
State	213		300		322
Total deferred expense (benefit)	112		2		(546)
Total income tax expense	$	688	$	526	$	87

Schedule of Deferred Tax Assets (Liabilities)

The Company’s deferred tax assets (liabilities) consisted of the following at December 31, 2024 and 2023 (in thousands):

	2024		2023
Deferred tax assets:
Net operating loss carryforwards	$	91,471	$	84,935
Excess depreciation and amortization	15,427		6,679
Deferred compensation	8,058		7,321
Lease liability	9,867		4,279
Accruals and reserves	6,061		4,607
Total gross deferred tax asset	130,884		107,821
Less valuation allowance	(116,175)		(100,532)
Total net deferred tax asset	14,709		7,289
Deferred tax liabilities:
Excess depreciation and amortization	—		—
Right of use asset	(9,734)		(4,111)
Indefinite lived intangible	(6,977)		(4,838)
Net deferred tax liability	$	(2,002)	$	(1,660)

Schedule of Reconciliation of Income Taxes at The Federal Statutory Rate to Actual Income Taxes

A reconciliation of income taxes at the federal statutory rate of 21% to actual income taxes for the years ended December 31, 2024, 2023 and 2022 is as follows (in thousands):

	2024		2023		2022
Income tax benefit at federal statutory rate	$	(16,499)	$	(15,718)	$	(21,468)
State income taxes, net of federal income tax benefit	(2,300)		(2,384)		(2,625)
Foreign rate differential	238		(71)		(77)
Permanent differences	1,913		594		270
Stock based compensation	2,236		3,222		3,358
Increase in valuation allowance	15,643		15,691		20,279
Canadian Research and Development Tax credits	(425)		(589)		—
Other	(118)		(219)		350
Provision for income taxes	$	688	$	526	$	87