Income taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Current Provision for Income Taxes

The components of the current provision for income taxes were as follows for the years ended December 31, 2024 and 2023:

	2024		2023
Current:
State	$	-	$	-
Federal		-		-
Foreign		331		795
Total current provision for income taxes	$	331	$	795
Deferred:
State	$	-	$	-
Federal		-		-
Foreign		-		-
Total deferred provision for income taxes	$	-	$	-

Schedule of Expected Income Tax Computed Using Federal Statutory Income Tax Rate to Company's Effective Income Tax Rate

A reconciliation of the expected income tax computed using the federal statutory income tax rate to the Company’s effective income tax rate is as follows for the years ended December 31, 2024 and 2023:

	2024	2023
Income tax computed at federal statutory rate	21.00%	21.00%
State taxes, net of federal benefit	4.49%	6.71%
Research tax credits	0.79%	6.35%
Change in valuation allowance	-17.04%	86.68%
Stock based compensation	-1.92%	-2.30%
Permanent differences	0.10%	-0.63%
Section 382 limitation	0.00%	-117.98%
Foreign tax	-0.27%	-0.76%
Warrant marked to market	-7.41%	0.00%
Effective income tax rate	-0.26%	-0.93%

Schedule of Deferred Tax Assets And Liabilities

The components of the deferred tax assets and liabilities were as follows at December 31:

	2024			2023
Deferred tax assets:
Net operating loss carryforward	$	17,625		$	3,491
Operating lease liabilities		2,418			3,280
Tax credits		2,745			941
Other accruals and reserves		1,457			1,622
Stock-based compensation		1,555			2,714
Deferred revenue		-			24
Capitalized Sec 174 costs		31,848			23,962
Other		626			577
		58,274			36,611
Valuation allowance		(56,517	)		(34,235	)
Net deferred tax assets	$	1,757		$	2,376
Deferred tax liabilities:
Right of use assets		(1,520	)		(2,078	)
Stock-based compensation		-			-
Property and equipment		(237	)		(298	)
Total deferred tax liabilities	$	(1,757	)	$	(2,376	)
Total deferred income taxes	$	-		$	-

Summary of Changes to Unrecognized Tax Benefits

	2024		2023
Balance, beginning of the period	$	99	$	3,100
Increase (Decrease) related to prior year positions		17		(3,100	)
Increase related to current year positions		655		99
Balance, end of the period	$	771	$	99