Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Loss Before Provision for Income Taxes

The components of loss before provision for income taxes are as follows for the years ended December 31, 2025 and 2024:

(in thousands)	December 31, 2025		December 31, 2024
Loss before provision for income taxes
United States	$	(74,402)	$	(89,435)
Foreign	(2,488)		(2,012)
	$	(76,890)	$	(91,447)

Schedule of Provision for Income Taxes

Our total provision for income taxes consists of the following for the years ended December 31, 2025 and 2024:

(in thousands)	December 31, 2025		December 31, 2024
Current:
Federal	$	—	$	—
State	64		9
Foreign	276		950
	340		959
Deferred
Federal	—		—
State	—		—
Foreign	53		912
	53		912
Total provision for income taxes	$	393	$	1,871

Schedule of Effective Income Tax Rate Reconciliation

The following table presents required disclosure pursuant to ASU

2023-09 and reconciles the U.S. federal statutory tax amount and rate to our actual global effective amount and rate for the year ended December 31, 2025:

(in thousands)	Amount		Percent
U.S. federal statutory tax rate	$	(16,147)	21.0	%
State and local income taxes, net of federal income tax effect (1)	$	50	(0.1)	%
Foreign tax effects	$	492	(0.6)	%
Effect of changes in tax laws or rates enacted in the current period	$	—	—	%
Effects of cross-border tax laws	$	—	—	%
Tax credits	$	—	—	%
Changes in valuation allowance	$	15,066	(19.6)	%
Nontaxable or nondeductible items			—	%
Share-based payment awards	$	947	(1.2)	%
Other	$	(15)	—	%
Changes in unrecognized tax benefits	$	—	—	%
Effective tax rate	$	393	(0.5)	%

(1) State taxes in Massachusetts and Texas made up the majority (greater than 50 percent) of the tax effect in this category.

The following table presents the required disclosures prior to our adoption of ASU 2023-09 and reconciles the U.S. federal statutory income tax rate to the actual global effective income tax rate for the years ended December 31, 2024:

(in thousands)	December 31, 2024
Income tax benefit at statutory rate	21.00	%
State income taxes-net of federal benefit	2.71	%
Foreign rate differential	(1.79)	%
Stock-based compensation	(1.73)	%
Charitable contribution	0.04	%
Return to provision and other	(2.56)	%
Uncertain tax positions	0.10	%
Tax credits	(0.38)	%
Other	0.85	%
Valuation allowance	(20.29)	%
Effective tax rate	(2.05)	%

Schedule of Components of Deferred Tax Assets and Liabilities

Significant components of our net deferred tax assets as of December 31, 2025 and 2024, which are included in other assets in the consolidated balance sheets, are as follows:

(in thousands)	December 31, 2025		December 31, 2024
Deferred tax asset:
Inventory	$	1,551	$	1,760
Accruals	491		1,182
Stock-based compensation	1,253		904
Net operating loss carryforwards	95,617		66,416
R&D credits	4,696		4,696
Charitable contributions	1,553		2,292
Intangibles	657		711
Deferred revenue	343		888
Advertising	1,769		1,769
Intercompany payable	552		552
Lease liability	5,316		13,562
Section 174 capitalized costs	2,952		7,787
Depreciation	1,903		6,502
Other	1,291		799
Total gross deferred tax assets	119,944		109,820
Less: valuation allowance	(116,187)		(99,344)
Total deferred tax assets	3,757		10,476
Deferred tax liabilities:
Prepaid expenses	(169)		(560)
Right-of-use assets	(3,079)		(9,353)
Total deferred tax liabilities	(3,248)		(9,913)
Net deferred tax assets	$	509	$	563

Schedule of Reconciliation of Total Amounts of Unrecognized Tax Benefits

A tabular reconciliation of the total amounts of unrecognized tax benefits for the year presented is as follows:

(in thousands)	December 31, 2025		December 31, 2024
Unrecognized tax benefits - at beginning of year	$	1,781	$	1,925
Increases in balances related to tax positions taken in prior years	—		—
Decreases in balances related to tax positions taken in prior years	—		(144)
Increases in balances related to tax positions taken in current year	—		—
Unrecognized tax benefits - at end of year	$	1,781	$	1,781

Schedule of Income Taxes Paid (Net of Refunds Received)

We adopted ASU 2023-09 on a prospective basis for the year ended December 31, 2025 and have included the following table as a result of our adoption, which presents income taxes paid (net of refunds received) for the year ended December 31, 2025:

(in thousands)	December 31, 2025
Federal Taxes:	$	—
State Taxes:
Texas	30
New York	13
Tennessee	6
Massachusetts	28
Other States	17
Foreign Taxes:
United Kingdom	(51)
Hong Kong	12
China	103
New Zealand	(36)
Netherlands	59
Korea	26
Japan	(95)
Other	4
Net cash paid for taxes	116