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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of Current and Deferred Tax Provision

A summary of the Company’s current and deferred tax provision is as follows:

 

   2024   2023 
   Year Ended December 31, 
   2024   2023 
Current income tax expense:          
Federal  $   $ 
State       10 
Total current income tax expense       10 
Deferred income tax expense (benefit):          
Federal   1    1 
State   (1)   (1)
Total deferred tax expense        
Total income tax expense  $   $10 
Schedule of Reconciliation of the U.S federal statutory income tax

A reconciliation of the U.S. federal statutory income tax rate to the Company’s effective income tax rate is as follows:

 

   2024   2023 
   Year Ended December 31, 
   2024   2023 
Federal statutory income tax rate   21.0%   21.0%
State income taxes, net of federal benefits   (1.3)%   1.4%
Interest accretion expense   0.1%   11.0%
Change in valuation allowance   (20.1)%   (20.0)%
Mark to market warrant   %   0.5%
Deferred true-up   (0.1)%   (2.4)%
Impairment   %   (12.0)%
Other permanent items   0.4%   0.5%
Effective income tax rate   %   %
Schedule of Deferred tax assets and liabilities

Net deferred income tax liabilities as of December 31, 2024 and 2023 consisted of the following:

 

   2024   2023 
   Year Ended December 31, 
   2024   2023 
Deferred tax assets:          
Net operating loss carryforwards  $121,804   $109,544 
Research and development tax credit carryforwards   5,674    5,674 
Stock-based compensation expense   17,717    16,539 
Startup costs   431    498 
Intangible assets   3,028    3,442 
Deferred revenue   1,469    1,441 
Unicap   5    5 
Imputed interest on contingent payments   97    110 
Legal fee capitalization and amortization   1,053    1,171 
Capitalized research and development   22,903    26,613 
IRC Section 163j interest   

1,471

    

 
Other   5,755    4,751 
Total deferred tax assets   181,407    169,788 
Valuation allowance   (181,416)   (169,797)
Net deferred tax liabilities  $(9)  $(9)
Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows:

 

  

Unrecognized

Tax Benefits

 
Balance at January 1, 2023  $1,028 
Decrease related to current year tax provision    
Balance at December 31, 2023   1,028 
Decrease related to current year tax provision    
Balance at December 31, 2024  $1,028