Income taxes

9 Months Ended

Sep. 30, 2024

Income taxes

Income taxes

(13) Income taxes

During the three months ended September 30, 2024 and 2023, the Company recorded a tax provision of $44 and $15, respectively. During the nine months ended September 30, 2024 and 2023, the Company recorded a tax provision of $154 and $62, respectively. The tax provision consists primarily of foreign income taxes and state taxes in the United States. The provision differs from the U.S. federal statutory rate of 21% primarily due to the full valuation allowance recorded against the U.S. deferred tax assets, including the current year to date losses. The Company maintains a valuation allowance against its U.S. deferred tax assets as the Company believes it is more likely than not the deferred tax assets will not be realized.