Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense (benefit)

Components of the income tax expense (benefit) are as follows (in thousands):

	Years ended December 31,
	2023		2022
Current:
Federal	$	—	$	101
State	45		2
Foreign	—		—
Total current expense	45		103
Deferred:
Federal	—		—
State	104		(125)
Foreign	—		—
Total deferred expense (benefit)	104		(125)
Income tax expense (benefit)	$	149	$	(22)

Schedule of domestic and foreign net income (loss) before taxes

The components of income (loss) before income taxes are as follows (in thousands):

	Years ended December 31,
	2023		2022
United States	$	25,315	$	(42,242)
Foreign	(453)		(85)
Income (loss) before income taxes	$	24,862	$	(42,327)

Schedule of effective income (loss) tax rate reconciliation

The income tax expense (benefit) differed from the amounts computed by applying the U.S. federal income tax rate of 21% respectively, to income (loss) before income tax for the reasons set forth below:

	Years ended December 31,
	2023		2022
U.S. federal statutory tax rate	21.0	%	21.0	%
State income taxes, net of federal benefit	0.5		0.2
Non-U.S. income taxed at different rates	0.3		(0.1)
Tax benefit related to stock-based awards	0.7		(0.4)
Change in valuation allowance	(20.9)		(21.8)
Permanent differences related to CARES Act	(3.6)		—
Other	2.6		1.2
Effective income tax rate	0.6	%	0.1	%

Schedule of deferred tax assets and liabilities

The component of deferred tax assets and liabilities are as follows (in thousands):

	December 31,
	2023		2022
Deferred tax assets:
Net operating loss carryforwards	$	45,314	$	41,453
Intangible assets	3,501		4,066
Tax credit carryforwards	3,923		4,011
Goodwill	4,513		4,920
Property and equipment	3,314		3,644
Lease liability	2,507		2,634
Inventory valuation reserves	1,359		2,033
Allowance for doubtful accounts	1,196		1,180
Accrued liabilities	383		320
Accrued compensation	485		491
Equity compensation	132		536
Interest limitation	137		1,616
Other	24		230
Total gross deferred tax assets	66,788		67,134
Valuation allowance	(59,066)		(64,960)
Total deferred tax assets, net	7,722		2,174
Deferred tax liabilities:
ROU asset	(1,203)		(1,377)
Contract asset	(5,813)		—
Prepaid insurance and other	(406)		(393)
Total gross deferred tax liabilities	(7,422)		(1,770)
Net deferred tax assets	$	300	$	404