Note 16 - Other Expense, Net

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Other Nonoperating Income and Expense [Text Block]

16. Other expense, net

Other expense, net is disaggregated as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
	(in thousands)
Change in value of earn-out and warrant liabilities	$	(8,670	)	$	(4,027	)	$	(7,180	)	$	(4,136	)
Interest income, net		37			286			71			611
Profits on securities (1)		2,336			1,925			4,753			3,595
Foreign currency exchange loss, net		(644	)		(344	)		(1,212	)		(630	)
Other, net		(29	)		32			2			60
Other expense, net	$	(6,970	)	$	(2,128	)	$	(3,566	)	$	(500	)

⁽¹⁾ Profits on securities consist of interest income from amortization of the discount arising at acquisition of U.S. treasury bills.