XML 78 R64.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAXES - Statutory Tax Rate and Effective Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Statutory federal tax $ 795 $ 27,048 $ 38,621
State income taxes, net of federal benefit 759 2,124 4,635
Share-based compensation 889 143 (26)
Research and development and jobs credits (713) (1,258) (819)
Executive compensation 52 1,895 1,470
Charitable donations (236) (1,094) (4,316)
Valuation allowance (20) (613) 396
Intercompany loan restructuring 0 1,167 0
Other permanent differences 176 106 427
Provision for income taxes $ 1,696 $ 29,382 $ 40,491
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Statutory federal tax, effective tax rate, percent 21.00% 21.00% 21.00%
State income taxes, net of federal benefit, effective tax rate, percent 20.00% 1.70% 2.50%
Share-based compensation, effective tax rate, percent 23.40% 0.10% 0.00%
Research and development and jobs credits, effective tax rate, percent (18.90%) (1.00%) (0.40%)
Executive compensation, effective tax rate, percent 1.20% 1.50% 0.80%
Charitable donations, effective tax rate, percent (6.20%) (0.80%) (2.30%)
Valuation allowance, effective tax rate, percent (0.50%) (0.50%) 0.20%
Intercompany loan restructuring, effective tax rate, percent 0 0.009 0
Other permanent differences, effective tax rate, percent 4.90% 0.10% 0.20%
Provision for income taxes, effective tax rate, percent 44.80% 22.80% 22.00%
Hong Kong      
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Foreign taxes $ (5) $ 63 $ 75
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Foreign taxes, effective tax rate, percent (0.10%) 0.00% 0.00%
Singapore      
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Foreign taxes $ (1) $ (199) $ 28
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Foreign taxes, effective tax rate, percent 0.00% (0.20%) 0.00%