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Accrued Expenses - Summary of Accrued Expenses (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Accrued Liabilities, Current [Abstract]    
Accrued bonus $ 1,184 $ 501
Accrued director compensation 296 427
Accrued research and development expenses 281 507
Accrued legal 42 43
Accrued interest 0 19
Contract settlement contingent liability [1] 350 0
Other 138 26
Total accrued expenses $ 2,291 $ 1,523
[1] The Company and Nuwellis entered into the Settlement Agreement in connection with the Company's termination of the Distribution Agreement on August 18, 2024. A contingent liability of $350,000 was recognized in connection with the Settlement Agreement to reflect that the circumstances that gave rise to this obligation existed as of September 30, 2024. See Note 15 to our unaudited consolidated financial statements for the three- and nine- months ended September 30, 2024, included elsewhere in this Form 10-Q for additional information.