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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Before Income Taxes | U.S. and international components of income before income taxes were as follows:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (in thousands)
U.S. | $ | (55,495) |  |  | $ | (37,160) |  |  | $ | (26,289) |
International | 57,886 |  |  | 91,430 |  |  | 70,615 |
Income before income taxes | $ | 2,391 |  |  | $ | 54,270 |  |  | $ | 44,326 |
Schedule of Income Tax Expense | Income tax expense was composed of the following:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (in thousands)
Current: |  |  |  |  |
Federal | $ | — |  |  | $ | 682 |  |  | $ | — |
State | 375 |  |  | 250 |  |  | 250 |
International | 22,636 |  |  | 24,958 |  |  | 21,152 |
| 23,011 |  |  | 25,890 |  |  | 21,402 |
Deferred: |  |  |  |  |
Federal | — |  |  | (1,561) |  |  | — |
State | (3) |  |  | — |  |  | — |
International | (3,585) |  |  | (1,017) |  |  | (488) |
| (3,588) |  |  | (2,578) |  |  | (488) |
Income tax expense | $ | 19,423 |  |  | $ | 23,312 |  |  | $ | 20,914 |
Schedule of Effective Income Tax Rate Reconciliation | The difference between the income tax expense (benefit) derived by applying the federal statutory income tax rate to our income before income taxes and the amount recognized in our Consolidated Financial Statements is as follows for the year ended December 31, 2025:
|  | Year Ended December 31, 2025
|  | (in thousands, except percentages)
Income before income taxes |  | $ | 2,391 |  |  |
|  | Income Tax Expense |  | As a Percentage of Income Before Taxes
U.S. - Federal: |  | $ | 502 |  |  | 21.0 | %
Nontaxable and Nondeductible Items: |  |  |  |
Nondeductible executive compensation |  | 2,154 |  |  | 90.1 | %
Nondeductible legal and transaction costs |  | 2,317 |  |  | 96.9 | %
Prior period adjustments |  | 125 |  |  | 5.2 | %
Other nondeductible expense |  | 220 |  |  | 9.2 | %
Share-Based Payment Awards: |  | 1,019 |  |  | 42.6 | %
Cross-Border Tax Laws: |  |  |  |
Global intangible low-taxed income |  | 405 |  |  | 16.9 | %
Changes in Valuation Allowance: |  | 5,485 |  |  | 229.4 | %
U.S. - State and Local Income Taxes, Net of Federal Effect (1): |  | 250 |  |  | 10.5 | %
Foreign Tax Effects: |  |  |  |
Canada |  |  |  |
Statutory income tax rate differential |  | 632 |  |  | 26.4 | %
Nondeductible share-based payment awards |  | 2,014 |  |  | 84.2 | %
Research credits |  | (550) |  |  | (23.0) | %
Prior period adjustments |  | 321 |  |  | 13.4 | %
Other |  | 73 |  |  | 3.1 | %
Netherlands |  |  |  |
Statutory income tax rate differential |  | 1,270 |  |  | 53.1 | %
Nondeductible share-based payment awards |  | 337 |  |  | 14.1 | %
Prior period adjustments |  | (1,324) |  |  | (55.4) | %
Changes in valuation allowance |  | 500 |  |  | 20.9 | %
Other |  | 18 |  |  | 0.8 | %
United Kingdom |  |  |  |
Statutory income tax rate differential |  | 537 |  |  | 22.5 | %
Nondeductible share-based payment awards |  | 408 |  |  | 17.1 | %
Nondeductible license fee |  | 657 |  |  | 27.5 | %
Prior period adjustments |  | 861 |  |  | 36.0 | %
Other |  | 249 |  |  | 10.4 | %
Other Foreign Jurisdictions |  |  |  |
Statutory income tax rate differential |  | 160 |  |  | 6.7 | %
Nondeductible share-based payment awards |  | 179 |  |  | 7.5 | %
Prior period adjustments |  | 360 |  |  | 15.1 | %
Other |  | 244 |  |  | 10.2 | %
Income Tax Expense |  | $ | 19,423 |  |  | 812.3 | %
_____________________ (1) State taxes in Massachusetts, New Jersey, and California made up the majority (greater than 50 percent) of the tax effect in this category in 2025. The difference between the income tax expense (benefit) derived by applying the federal statutory income tax rate to our income before income taxes and the amount recognized in our Consolidated Financial Statements is as follows for the years ended December 31, 2024 and 2023:
|  |  | Year Ended December 31,
|  |  | 2024 |  | 2023
|  |  | (in thousands)
Expense derived by applying the federal statutory income tax rate to income before income taxes |  |  | $ | 11,396 |  |  | $ | 9,308 |
State taxes, net of federal benefit |  |  | 250 |  |  | 250 |
Research and experimentation tax credits |  |  | (550) |  |  | — |
Global intangible low-taxed income |  |  | — |  |  | (49) |
Withholding tax |  |  | — |  |  | 79 |
Transaction costs |  |  | 1,024 |  |  | 399 |
Non-taxable change in contingent consideration liability |  |  | (1,480) |  |  | — |
Non-deductible executive compensation |  |  | 3,155 |  |  | 2,099 |
Valuation allowance for deferred tax assets |  |  | 3,737 |  |  | 2,867 |
Stock-based compensation |  |  | 1,301 |  |  | 2,569 |
Meals and entertainment |  |  | 328 |  |  | 224 |
Effect of foreign operations |  |  | 4,317 |  |  | 2,328 |
Other |  |  | (166) |  |  | 840 |
Income tax expense |  |  | $ | 23,312 |  |  | $ | 20,914 |
Schedule of Components of Net Deferred Tax Amounts | The components of the net deferred tax amounts recognized in the accompanying Consolidated Balance Sheets were:
| December 31,
| 2025 |  | 2024
| (in thousands)
Deferred tax assets: |  |  |
Allowance for doubtful accounts | $ | 1,187 |  |  | $ | 392 |
Accrued expenses | 76 |  |  | 17 |
Net operating loss | 18,159 |  |  | 14,763 |
Stock-based compensation | 4,206 |  |  | 3,876 |
Interest expense | 9,046 |  |  | 4,292 |
Deferred revenue | 162 |  |  | 635 |
Capitalized research and development expense | 30 |  |  | 2,599 |
Leases | 788 |  |  | 782 |
Other credits | 240 |  |  | 22 |
Total deferred tax assets | 33,894 |  |  | 27,378 |
Valuation allowance | (14,049) |  |  | (7,764) |
Deferred tax assets, net of valuation allowance | 19,845 |  |  | 19,614 |
Deferred tax liabilities: |  |  |
Property and equipment | 1,880 |  |  | 1,578 |
Prepaid expenses | 1,161 |  |  | 983 |
Leases | 1,461 |  |  | 1,271 |
Unrealized exchange loss | 12 |  |  | 36 |
Intangibles | 12,766 |  |  | 17,168 |
Total deferred tax liabilities | 17,280 |  |  | 21,036 |
Net deferred tax asset (liability) | $ | 2,565 |  |  | $ | (1,422) |
Schedule of Income Tax Paid | Total cash paid for income taxes, net of refunds, is as follows for the year ended December 31, 2025:
|  | Year Ended December 31, 2025
|  | (in thousands, except percentages)
Payments |  | $ | 19,455 |  |  | 108 | %
Refunds |  | (1,391) |  |  |
Total payments, net of refunds |  | $ | 18,064 |  |  |
|  |  |  | As a Percentage of Total Payments, Net of Refunds
U.S. payments, net of refunds |  | $ | 74 |  |  | 0.4 | %
Foreign payments, net of refunds |  |  |  |
Canada |  | $ | 2,498 |  |  | 13.8 | %
Netherlands |  | 6,605 |  |  | 36.6 | %
United Kingdom |  | 7,650 |  |  | 42.3 | %
Other |  | 1,237 |  |  | 6.8 | %
|  | $ | 17,990 |  |  | 99.6 | %
Total payments, net of refunds |  | $ | 18,064 |  |  | 100.0 | %

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