Annual report [Section 13 and 15(d), not S-K Item 405]

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details)

v3.25.1
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]    
Net operating loss carryforwards $ 81,865 $ 51,490
ASC 842 lease liability 3,838 3,846
Acquired intangibles 10,672 11,576
Accruals and reserves 11,688 11,780
Capitalized research expenditures 7,592 4,662
Research and development credit carryforward 269 0
Gross deferred tax assets 115,924 83,354
Less: Valuation allowance (97,220) (66,129)
Deferred tax assets, net of valuation allowance 18,704 17,225
ASC 842 right-of-use asset (2,924) (3,077)
Fixed assets and land (15,780) (14,148)
Gross deferred tax liabilities (18,704) (17,225)
Net deferred tax liabilities $ 0 $ 0