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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of (Loss) Income Before Income Taxes
The components of loss before income taxes are as follows (in thousands):
Year Ended December 31,
202420232022
Domestic$4,559 $(24,658)$(13,798)
Foreign(12,073)3,072 (1,186)
Loss before income taxes$(7,514)$(21,586)$(14,984)
Schedule of Income Tax Expense Benefit
Income tax expense consists of the following (in thousands):
Year Ended December 31,
202420232022
Current:
Federal$5,857 $5,573 $1,606 
State834 1,004 367 
Foreign665 3,851 3,120 
7,356 10,428 5,093 
Deferred:
Federal538 222 236 
State277 157 234 
Foreign(2,326)(1,703)(1,355)
(1,511)(1,324)(885)
Income tax expense$5,845 $9,104 $4,208 
Schedule of Effective Income Tax Rate Reconciliation
The income tax expense in the accompanying Consolidated Statements of Operations and Comprehensive Loss differs from the income tax benefit computed by applying the US federal statutory income tax rate of 21% to loss before income taxes due to the following (in thousands):
Year Ended December 31,
202420232022
Income tax benefit at statutory rate$(1,578)$(4,533)$(3,147)
Increase (reduction) in income taxes resulting from:
Valuation allowance change4,091 9,964 4,779 
Nondeductible executive compensation1,432 989 878 
State income taxes, net of federal benefit936 281 484 
Equity compensation577 872 472 
Provision to return adjustments536 (937)336 
Research and development credit(425)(800)(961)
Foreign income taxes(323)2,969 415 
Nondeductible entertainment expenses201 262 117 
Foreign derived intangible income deduction(60)(501)(133)
Net change in uncertain tax positions(56)652 527 
Foreign interest disallowance — — 151 
Foreign deferred items— — (112)
Other514 (114)402 
Income tax expense$5,845 $9,104 $4,208 
Schedule of Deferred Tax Assets and Liabilities
The tax effects of temporary differences which give rise to deferred tax assets and liabilities are as follows (in thousands):
December 31,
20242023
Deferred tax assets:
Finance and operating leases$11,774 $13,254 
Excess interest carryforward9,203 6,438 
Loan revaluation5,240 3,859 
Property2,974 1,786 
Loss carryforwards2,880 3,205 
Non-cash compensation2,545 2,761 
Inventory and deferred preservation costs write-downs2,441 302 
Deferred compensation2,055 1,790 
Unrealized gains and losses1,119 5,424 
Debt costs475 — 
Credit carryforwards323 336 
Accrued expenses165 2,567 
Other672 1,422 
Total deferred tax assets41,866 43,144 
Less: Valuation allowance(32,607)(32,860)
Total deferred tax assets, net9,259 10,284 
Deferred tax liabilities:
Intangible assets(14,746)(16,106)
Finance and operating leases(11,972)(12,777)
Prepaid items(455)(370)
Debt costs— (626)
Other(1,201)(1,169)
Total deferred tax liabilities(28,374)(31,048)
Total deferred tax liabilities, net$(19,115)$(20,764)
Schedule of Valuation Allowance Deferred Tax Assets The following table reflects changes in the valuation allowance (in thousands):
Year Ended December 31,
202420232022
Beginning balance$32,860 $17,942 $13,282 
Additions charged to income tax expense4,091 9,964 4,779 
(Reductions) additions related to Other comprehensive income, net(4,081)5,109 — 
Currency translation and other(263)(155)(119)
Ending balance$32,607 $32,860 $17,942 
Schedule of Uncertain Tax Position Liability and Liability for Interest and Penalties on Uncertain Tax Positions
The following table reflects changes in our uncertain tax position liability, excluding interest and penalties (in thousands):
Year Ended December 31,
202420232022
Beginning balance$4,832 $4,508 $4,089 
Decrease related to prior year tax positions(467)(508)(103)
Increase related to current year tax positions338 2,728 847 
(Decrease) increase for foreign exchange differences(267)116 (145)
Increase related to prior year tax positions199 26 20 
Decrease due to the lapsing of statutes of limitations(175)(158)(200)
Decrease due to settlements of prior year tax positions— (1,880)— 
Ending balance$4,460 $4,832 $4,508