XML 78 R65.htm IDEA: XBRL DOCUMENT v3.25.4
INCOME TAXES - Statutory Tax Rate and Effective Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Statutory federal tax $ (1,184) $ 795 $ 27,048
State income taxes, net of federal benefit 3,284 486 1,693
Research and development and jobs credits (602) (589) (1,170)
Unrecognized tax benefit 590 269 440
Executive compensation 543 52 1,895
Charitable donations 0 (236) (1,094)
Intercompany loan restructuring 0 0 1,167
Share-based compensation 626 889 143
Meals and entertainment 210 314 255
Total provision for income taxes $ 13,033 $ 1,696 $ 29,382
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Statutory federal tax (as a percent) 21.00% 21.00% 21.00%
State income taxes, net of federal benefit (as a percent) (58.30%) 12.80% 1.30%
Research and development and jobs credits (as a percent) 10.70% (15.50%) (0.90%)
Unrecognized tax benefit (as a percent) (10.40%) 7.10% 0.30%
Executive compensation (as a percent) (9.70%) 1.40% 1.50%
Charitable donations (as a percent) 0.00% (6.20%) (0.80%)
Intercompany loan restructuring (as a percent) 0 0 0.009
Share-based compensation (as a percent) (11.10%) 23.40% 0.10%
Meals and entertainment (as a percent) (3.70%) 8.30% 0.20%
Provision for income taxes (as a percent) (231.10%) 44.80% 22.80%
Hong Kong      
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Foreign tax effects $ 0 $ (22) $ 296
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Foreign tax effects (as a percent) 0.00% (0.60%) 0.20%
Singapore      
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Foreign tax effects $ 0 $ 0 $ 0
Valuation allowance 0 (3) (846)
Other $ 0 $ (1) $ (199)
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Foreign tax effects (as a percent) 0.00% 0.00% 0.00%
Valuation allowance (as a percent) 0.00% (0.10%) (0.70%)
Other (as a percent) 0.00% 0.00% (0.10%)
United States      
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Valuation allowance $ 9,383 $ 0 $ 0
Other $ 183 $ (258) $ (246)
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Valuation allowance (as a percent) (166.40%) 0.00% 0.00%
Other (as a percent) (3.20%) (6.80%) (0.20%)