INCOME TAX (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF PRETAX INCOME (LOSS)

Pretax income (loss) resulting from domestic and foreign operations is as follows (in thousands):

	2024		2023
United States	$	(19,382)	$	(30,393)
Foreign	(11,185)		(11,779)
Other Foreign Jurisdictions	323		4,882
Total pretax book loss	$	(30,244)	$	(37,290)

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE

The components of income tax (benefit) expense at December 31, 2024 and December 31, 2023, are as follows (in thousands):

	2024		2023
Current:
Federal	$	(23)	$	855
State	55		93
Foreign	875		1,589
Total Current	$	907	$	2,537
Deferred:
Federal	$	—	$	81
State	—		—
Foreign	(2,816)		(752)
Total Deferred	$	(2,816)	$	(671)
Total	$	(1,909)	$	1,866

SCHEDULE OF RECONCILIATION FOR PROVISION FOR INCOME TAXES

The reconciliation of the provision for income taxes at the United States Federal statutory rate compared to the Company’s income tax expense (benefit) as reported is as follows (in thousands):

	2024		2023
Loss before income taxes	$	(30,244)	$	(37,290)
Income tax benefit computed at the statutory rate	(6,351)		(7,831)
State income taxes-net of federal tax benefit	35		74
Foreign tax rate differential	(474)		(273)
Section 162(m) compensation	—		61
Foreign currency adjustment	1		(90)
GILTI inclusion	404		693
Meals	43		75
Stock compensation	146		141
Amortization	—		4,845
Other book-tax differences	286		(865)
Adjustments to prior periods – temporary differences	693		1,000
Rate changes and differentials	(750)		(53)
Change in valuation allowance	4,058		4,089
Income tax (benefit) expense	$	(1,909)	$	1,866

SCHEDULE OF TAX EFFECTS OF TEMPORARY DIFFERENCES

Tax effects of temporary differences at December 31, 2024 and December 31, 2023 are as follows (in thousands):

Deferred tax assets:	2024		2023
Fixed assets	$	51	$	15
Allowance for bad debts	1,022		926
Inventory	408		432
R&D amortization	1,650		1,172
Accrued expenses	48		—
Deferred revenue	5,960		6,143
Stock compensation	108		291
Right of use liability	327		501
Other	97		—
Interest expense limitation	8,770		6,051
Net operating loss carry-forwards	6,736		6,635
Deferred tax assets	$	25,177	$	22,166
Valuation allowance	(22,231)		(18,173)
Deferred tax assets, net	$	2,946	$	3,993
Deferred tax liabilities:	2024		2023
Intangible assets	(2,019)		(6,671)
Accrued expenses	(1,277)		(982)
Prepaid expenses	(47)		(48)
Right of use asset	(353)		(492)
Other	(151)		(116)
Deferred tax liabilities	$	(3,847)	$	(8,309)
Deferred tax liabilities, net	$	(901)	$	(4,316)