Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Taxes

Schedule of significant components of the Company's deferred tax liabilities and assets

	December 31,
	2025		2024
	(In thousands)
Deferred tax liabilities:
Property and equipment	$	3,327	$	3,852
Intangible assets		18,662		23,377
Right of use assets		2,380		1,803
Prepaid expenses		511		470
Total deferred tax liabilities		24,880		29,502
Deferred tax assets:
Allowance for credit losses		211		194
Compensation		1,246		1,259
Lease liability		1,407		1,890
Other accrued liabilities		89		152
		2,953		3,495
Less: valuation allowance		—		—
Total net deferred tax assets		2,953		3,495
Net deferred tax liabilities	$	21,927	$	26,007
Current portion of deferred tax assets	$	425	$	628
Non-current portion of deferred tax liabilities		(22,352)		(26,635)
Net deferred tax liabilities	$	(21,927)	$	(26,007)

Schedule of significant components of the provision for income taxes

	Years Ended December 31,
	2025		2024
	(In thousands)
Current:
Federal	$	1,200	$	940
State		320		285
Total current		1,520		1,225
Deferred:
Federal		(3,340)		(150)
State		(750)		35
Total deferred (benefit)		(4,090)		(115)
Total Income Tax Provision (Benefit)	$	(2,570)	$	1,110

Schedule of reconciliation of income tax

	Years Ended December 31,
	2025				2024
	Amount		Percent		Amount		Percent
	(In thousands)
Tax expense (benefit) at U.S. statutory rates	$	(2,198)	21.0	%	$	960	21.0	%
State tax expense (benefit), net of federal benefit (1)		(498)	4.8	%		270	5.9	%
Nontaxable or nondeductible items
Tax expense on deficit from restricted stock vesting		156	(1.5)	%		167	3.7	%
Tax benefit from dividends paid on restricted stock		(57)	0.5	%		(144)	(3.2)	%
Other nontaxable and nondeductible items, net		59	(0.6)	%		(134)	(2.9)	%
Other adjustments		(32)	0.3	%		(9)	(0.2)	%
Income tax (benefit) expense	$	(2,570)	24.5	%	$	1,110	24.3	%
(1) In 2025, state taxes in Massachusetts, Wisconsin and Virginia make up the majority of the tax effect in this category. In 2024, state taxes in Massachusetts, Wisconsin, Virginia and New Hampshire make up the majority of the tax effect in this category.