v3.24.4
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Taxes [Abstract]  
Schedule of Deferred Income Tax Assets Deferred income tax assets are comprised of the following (in thousands):
 

As of December 31,

   

2023

 

2022

Deferred income tax assets:

 

$

60,537

 

 

$

51,919

 

Valuation allowance

 

 

(60,537

)

 

 

(51,919

)

Net total

 

$

—

 

 

$

—

 

Schedule of Reconciliation Between the Statutory Rate and the Effective Tax Rate The reconciliation between the statutory rate and the effective tax rate is as follows:
 

As of December 31,

   

2023

 

2022

Effective Tax Rate Reconciliation:

   

 

   

 

Federal statutory tax rate

 

21

%

 

21

%

State taxes, net of federal benefit

 

—

%

 

—

%

Change in valuation allowance

 

(21

)%

 

(21

)%

Effective Tax Rate

 

—

%

 

—

%