Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The geographical breakdown of the Company’s loss before income taxes is as follows (in thousands):

	2025		2024		2023
Domestic	$	(44,492)	$	(12,778)	$	(16,899)
International	14,650		7,078		1,190
Loss before income taxes	$	(29,841)	$	(5,700)	$	(15,709)

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense attributable to income from continuing operations consists of (in thousands):

	2025		2024		2023
Current provisions for income taxes:
Federal	$	(553)	$	2,237	$	4,142
State	129		139		798
Foreign	3,565		830		1,528
Total current	$	3,141	$	3,206	$	6,468
Deferred tax expense (benefit):
Federal	$	28,140	$	(2,551)	$	(8,777)
State	5,417		(651)		(1,170)
Foreign	—		316		(82)
Total deferred tax expense (benefit)	$	33,557	$	(2,886)	$	(10,029)
Total provision for (benefit from) income taxes	$	36,698	$	320	$	(3,561)

Schedule of Effective Income Tax Rate Reconciliation

The following table presents a reconciliation of the federal statutory rate to the Company’s effective tax rate:

	2025
	Amounts		Rate
U.S. federal statutory tax rate	$	(6,267)	21.0	%
State and local income taxes, net of federal income tax effect*	6,411		(21.5)
Foreign tax effects
China
Foreign income taxed at different rate	(712)		2.4
Netherlands
Foreign income taxed at different rate	58		(0.2)
Change in tax reserve	650		(2.2)
Other countries	180		(0.6)
Effect of cross-border tax laws
Global intangible low-taxed income	4,391		(14.7)
Subpart F	362		(1.2)
Tax Credits	(448)		1.5
Changes in valuation allowances	29,288		(98.1)
Nontaxable or nondeductible items
Stock-based compensation	3,156		(10.6)
Other permanent differences	269		(0.9)
Changes in unrecognized tax benefits	(562)		1.9
Other reconciling items	(78)		0.3
Total tax expense	$	36,698	(123)	%

*The majority of state income taxes estimated for 2025 are attributable to Texas.

The following table presents the required disclosures prior to our adoption of ASU 2023-09 and presents the differences between our provision for (benefit from) income taxes as presented in the accompanying consolidated statements of operations and the income tax expense computed at the federal statutory rate as a percentage of loss before provision for (benefit from) income taxes (in percentages):

	2024		2023
U.S. federal tax benefit at statutory rate	21.0	%	21.0	%
State income taxes, net of federal benefit	9.0		3.4
Foreign income taxed at different rates	10.0		(0.9)
Foreign-derived intangible income deduction	(5.2)		9.1
Research and development credits	14.4		12.9
Tax impact of foreign earnings and losses	(2.0)		(1.4)
Subpart F	1.8		(5.3)
Stock-based compensation	(44.4)		(12.2)
Other permanent adjustments	(2.2)		(0.8)
Prior year true up due to tax rate change	—		1.6
Change in valuation allowance, net	(9.3)		(6.5)
Section 162(m) compensation	(2.7)		(0.7)
Foreign tax credit	4.2		2.1
Other	—		0.4
Effective tax rate	(5.4)	%	22.7	%

Schedule of Cash Taxes Paid

The following table presents the required disclosures subsequent to our adoption of ASU 2023-09 for cash paid for income taxes, net of refunds received, by jurisdiction:

In thousands	2025
US federal	$	—
State	$	24
Foreign
China	$	1,346
Netherlands	$	789
Income taxes paid (net of refunds received)	$	2,159

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences and carryforwards that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2025 and 2024 are presented below (in thousands):

	2025		2024
Deferred tax assets
Net operating loss carryforwards	$	6,384	$	1,610
Foreign tax credit carryforward	1,474		1,190
Research and development credit carryforward	3,113		2,201
Stock based compensation	4,908		4,473
Legal settlement	1,837		2,461
Deferred revenue	6,702		6,460
Research and development capitalization	9,284		13,287
Inventory reserve	1,386		1,736
Accrued bonus	1,564		1,477
Lease liability	3,547		2,362
Other accruals	1,621		1,497
Gross deferred tax assets	41,820		38,754
Valuation allowance	(38,565)		(2,800)
Net deferred tax assets	$	3,255	$	35,954
Deferred tax liabilities
ROU assets	$	(3,265)	$	(2,107)
Depreciation and amortization	(172)		(473)
Net deferred tax liabilities	$	(3,437)	$	(2,580)
Net deferred tax assets (liabilities)	$	(182)	$	33,374

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits (in thousands):

	2025		2024		2023
Unrecognized tax benefits as of the beginning of the year	$	3,599	$	3,635	$	2,235
Increase (decrease) related to prior year tax provisions	53		(897)		217
Increase related to current year tax provisions	513		861		1,183
Decrease for settlement or statute	$	(637)	$	—	$	—
Unrecognized tax benefits as of the end of the year	$	3,528	$	3,599	$	3,635