Note 17 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Years ended December 31,
	2024			2023		2022
(Loss) income before income taxes
Domestic	$	(4,078	)	$	2,421	$	3,990
Foreign		1,314			735		334
	$	(2,764	)	$	3,156	$	4,324

	Years ended December 31,
	2024		2023			2022
Provision for (benefit from) income taxes:
Current:
Federal	$	4,044	$	4,910		$	3,558
State		1,370		457			551
Foreign		421		312			96
Total current		5,835		5,679			4,205
Deferred:
Federal		-		1,579			(904	)
State		-		(692	)		(402	)
Foreign		229		29			(775	)
Total deferred		229		916			(2,081	)
Total benefit from income taxes	$	6,064	$	6,595		$	2,124

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
	2024			2023
Deferred tax assets:
Capital loss carryforward	$	20,714		$	-
Capitalized research expenditures		12,241			8,417
Lease liability		6,555			7,074
Acquisition-related intangible asset		5,959			5,422
Impairment of assets		4,215			-
Stock-based compensation expense		3,908			3,818
Inventory reserves		2,316			2,123
Accrued expenses and other		1,403			550
Compensation accrual		1,202			1,414
Net operating loss carry forwards		650			1,124
Foreign currency exchange		48			121
Gross deferred tax assets		59,211			30,063
Less: Valuation allowance		(45,148	)		(13,754	)
Deferred tax assets	$	14,063		$	16,309

	December 31,
	2024			2023
Deferred tax liabilities:
Acquisition-related intangible asset	$	(42	)	$	(288	)
Depreciation		(6,552	)		(7,695	)
Right of use asset		(6,292	)		(6,837	)
Deferred tax liabilities	$	(12,886	)	$	(14,820	)
Net deferred tax assets	$	1,177		$	1,489

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Years ended December 31,
	2024			2023			2022
Statutory federal income tax rate		21.0	%		21.0	%		21.0	%
State tax expense, net of federal benefit		(52.2	%)		9.5	%		13.0	%
Stock compensation		(17.2	%)		11.8	%		18.4	%
Section 162(m) limitation		(30.1	%)		28.3	%		35.4	%
Change in tax rates and state apportionment		10.4	%		-	%		(3.0	%)
Federal, state and foreign tax credits		22.5	%		(23.1	%)		(13.3	%)
Valuation allowance		(157.3	%)		173.0	%		-	%
Return to provision adjustments		5.5	%		(3.6	%)		(18.9	%)
Tax reserves		(20.9	%)		-	%		-	%
Other permanent items		(1.1	%)		(7.9	%)		(3.5	%)
Effective income tax rate		(219.4	%)		209.0	%		49.1	%