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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

INCOME TAXES

Schedule of taxable income by domestic and foreign subsidiaries

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2024	​	2023	​	2022
Domestic	​	($ 24,479)	​	$ 431	​	$ 11,977
Foreign	​	8,762	​	3,086	​	3,559
Total	​	($ 15,717)	​	$ 3,517	​	$ 15,536

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

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​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2024	​	2023	​	2022
Current:	​	​	​	​	​	​
Federal	​	$ 408	​	$ 301	​	$ -
State	​	1,211	​	795	​	734
Foreign	​	3,060	​	1,789	​	2,312
Total current income tax provision	​	4,679	​	2,885	​	3,046
Deferred	​	​	​	​	​	​
Federal	​	(2,277)	​	(1,137)	​	(9,147)
State	​	(573)	​	(903)	​	(1,331)
Foreign	​	(758)	​	(861)	​	(767)
Total deferred income tax benefit	​	(3,608)	​	(2,901)	​	(11,245)
Total income tax (benefit) expense from continuing operations	​	$ 1,071	​	($ 16)	​	($ 8,199)

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

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2024	​	2023	​	2022
Statutory tax rate	​	21.00%	​	21.00%	​	21.00%
State taxes	​	4.24%	​	11.99%	​	6.58%
Permanent differences	​	(0.07)%	​	(3.97)%	​	(0.19)%
Research & development credit	​	17.71%	​	(59.12)%	​	(14.66)%
Unrecognized tax benefit	​	(4.43)%	​	14.78%	​	3.66%
Stock-based compensation	​	(46.24)%	​	(94.40)%	​	(78.38)%
Sec. 162m compensation limitation	​	2.04%	​	81.09%	​	14.13%
Foreign tax rate differential	​	(2.53)%	​	3.89%	​	(0.49)%
Valuation allowance	​	(1.01)%	​	-%	​	-%
Prior year true up items	​	(2.00)%	​	22.64%	​	(2.62)%
Other net	​	4.48%	​	1.63%	​	(1.80)%
Total	​	(6.81)%	​	(0.47)%	​	(52.77)%

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

​

​	​	​	​	​
​		December 31, 2024	​	December 31, 2023
Deferred tax assets:	​	​	​	​
Net operating loss carryforward	​	$ 26,110	​	$ 34,028
Research and experimental costs	​	19,331	​	14,694
Stock-based compensation	​	14,685	​	15,872
Accruals and reserves	​	11,252	​	2,916
Research and development credit	​	4,973	​	4,632
Goodwill and intangible assets	​	1,887	​	-
Total gross deferred tax assets	​	78,238	​	72,142
Less: Valuation allowance	​	(158)	​	-
Deferred tax assets, net of valuation allowance	​	78,080	​	72,142
Deferred tax liabilities:	​	​	​	​
Property, plant and equipment	​	(2,659)	​	(2,778)
Other	​	353	​	(111)
Total gross deferred tax liabilities	​	(2,306)	​	(2,889)
Net deferred tax assets	​	$ 75,774	​	$ 69,253

Schedule of reconciliation of the beginning and ending amount of gross unrecognized benefits

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2024	​	2023	​	2022
Unrecognized tax benefits - beginning of year	​	$ 1,904	​	$ 1,309	​	$ 530
Gross increase for tax positions of prior years	​	(39)	​	63	​	199
Gross increase for tax positions of current year	​	708	​	532	​	580
Unrecognized tax benefits - end of year	​	$ 2,573	​	$ 1,904	​	$ 1,309

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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