Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The components of loss before the provision / (benefit) for income taxes is as follows;

	Year ended December 31,
	2023			2022			2021
Domestic operations	$	(187,763	)	$	(281,895	)	$	(253,462	)
Foreign operations		1,319			1,165			3,301
Loss before income taxes	$	(186,444	)	$	(280,730	)	$	(250,161	)

Schedule of Components of Income Tax Expense (Benefit)

Current and deferred income taxes / (benefits) on loss from continuing operations are as follows;

	Year ended December 31,
	2023			2022
Current
Federal	$	(74	)	$	(17	)
State and local		95			69
Foreign		994			1,170
Total current income taxes	$	1,015		$	1,222
Deferred:
Federal	$	—		$	(2,114	)
State and local		—			(736	)
Foreign		22			137
Total deferred income benefits		22			(2,713	)
Income tax provision/(benefit)	$	1,037		$	(1,491	)

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s net deferred tax assets/(liabilities) are as follows:

	Year ended December 31,
	2023			2022
Deferred tax assets:
Accounts receivable reserve	$	832		$	403
Accrued payroll		6,088			6,802
Net operating loss carry forward		33,931			32,171
Stock-based compensation		45,696			48,010
Interest limitation carry forward		6,148			3,154
Tax credit		5,236			—
Intangible assets		15,391			11,329
Capital losses		—			1,187
Research and development costs		28,350			19,951
Accrued expenses and other		2,788			3,575
		144,460			126,582
Less: Valuation allowance		(129,661	)		(112,330	)
Deferred tax assets	$	14,799		$	14,252
Deferred tax liabilities:
Fixed assets		(4,921	)		(7,135	)
Right-to-use asset		(1,838	)		—
Deferred state income tax and other		(7,312	)		(6,372	)
Deferred tax liabilities:		(14,071	)		(13,507	)
Net deferred tax assets	$	728		$	745

Summary of Valuation Allowance

The following table reconciles the changes in the valuation allowance for the years ended December 31, 2023 and 2022:

Balance as of January 1, 2022	$	(86,210	)
Increase due to current year pre-tax loss		(26,111	)
Others		(9	)
Balance as of December 31, 2022		(112,330	)
Increase due to current year pre-tax loss		(17,274	)
Others		(57	)
Balance as of December 31, 2023	$	(129,661	)

Schedule of Effective Income Tax Rate Reconciliation

The difference between the federal statutory rate of 21% and the Company’s effective tax rate is summarized as follows:

	December 31, 2023			December 31, 2022
U.S. federal statutory rate		21.0	%		21.0	%
State income taxes		2.8	%		4.4	%
Other permanent differences		(0.4	)%		(0.5	)%
Global intangible low-taxed income (GILTI)		—	%		(1.2	)%
Non-deductible stock-based compensation		(2.6	)%		(2.0	)%
Non-deductible officer’s compensation		(12.8	)%		(11.9	)%
Research and development credit		2.0	%		—	%
Change in valuation allowance		(9.3	)%		(9.3	)%
State change in tax rate		(0.6	)%		0.2	%
Other		(0.6	)%		(0.2	)%
Effective tax rate		(0.5	)%		0.5	%

Summary of Income Tax Contingencies

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows:

Balance as of January 1, 2022	$	223
Increase in tax positions for current / prior periods		(223	)
Balance as of December 31, 2022		—
Increase in tax positions for current / prior periods		—
Balance as of December 31, 2023	$	—

Income Tax Years Subject To Examination

Jurisdiction	Tax Year
U.S	2020
Czech Republic	2020
India	2021