Employee Benefit Plans

3 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Employee Benefit Plans

14.Employee Benefit Plans

Defined Contribution Plans

The Company sponsors a defined contribution plan in the United States. The Company’s obligation is limited to its contributions made in accordance with each plan document. Employer contributions to defined contribution plans are recognized as expense. Expenses related to the Company’s plans for the three months ended June 30, 2024 and 2023 were $40 and $32, respectively.

Defined Benefit Plans

The Company has a Swiss defined benefit plans (the “Pension Plan”) covering substantially all the employees of Hocoma Medical GmbH in Switzerland. The Pension Plan meets the benefit requirements under Swiss pension law. The Swiss plans offer retirement, disability and survivor benefits and is governed by a Pension Foundation Board. The responsibilities of this board are defined by Swiss pension law and the plan rules.

Amounts recognized in the condensed consolidated statements of operations for the three months ended June 30, 2024 and 2023, in respect of the Pension Plan were as follows:

	For the Three Months Ended June 30,
	2024			2023
Current service cost	$	173		$	159
Interest cost		51			50
Expected return on plan assets		(98	)		(69	)
Actuarial loss / (gain) recognized		(13	)		(39	)
Actuarial loss / (gain) recognized because of settlement		—			-
Amortization of prior service credit		(36	)		(35	)
Net charge to statement of operations	$	77		$	66