Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Derivative Instrument

The following table presents the fair value of the Company’s derivative instruments which are included in other current assets in the consolidated balance sheets (in thousands):

	December 31,
	2023		2022
Derivatives designated as hedging instruments	$	—	$	343
Derivatives not designated as hedging instruments		—		119
Total derivative assets	$	—	$	462

Summary of Pre-Tax Effects of the Company's Derivative Instruments on its Unaudited Condensed Consolidated Statements of Operations

The following table shows the pre-tax effects of the Company’s derivative instruments on its consolidated statements of operations (in thousands):

		Year Ended December 31,
	Financial Statement Line Item	2023			2022
Unrealized gains (losses)	Other comprehensive income (loss)	$	(334	)	$	24
Losses reclassified from accumulated other	Cost of revenue	$	(101	)	$	(45	)
comprehensive income (loss) into net loss	General and administrative		(121	)		(63	)
Total amounts reclassified		$	(222	)	$	(108	)
Gains (losses) recognized on derivatives   not designated as hedging instruments	Cost of revenue	$	(98	)	$	13