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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The geographical breakdown of income before income taxes is as follows (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Domestic income | $ | 56,707 |  |  | $ | 41,105 |  |  | $ | 52,231 |
Foreign income | 1,392 |  |  | 2,690 |  |  | 485 |
Income before income taxes | $ | 58,099 |  |  | $ | 43,795 |  |  | $ | 52,716 |
Schedule of Components of Income Tax Expense (Benefit) | The provision for income taxes consisted of the following (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Current provision for income taxes: |  |  |  |  |
Federal | $ | 3,894 |  |  | $ | 329 |  |  | $ | — |
State | 1,809 |  |  | 2,016 |  |  | 1,107 |
Foreign | 1,959 |  |  | 1,228 |  |  | 1,917 |
Total current | 7,662 |  |  | 3,573 |  |  | 3,024 |
Deferred tax expense (benefit): |  |  |  |  |
Federal | $ | 975 |  |  | $ | 1,374 |  |  | $ | 2,206 |
State | (556) |  |  | (1,265) |  |  | 656 |
Foreign | (122) |  |  | 143 |  |  | (78) |
Total deferred | 297 |  |  | 252 |  |  | 2,784 |
Provision for income taxes | $ | 7,959 |  |  | $ | 3,825 |  |  | $ | 5,808 |
Schedule of Effective Income Tax Rate Reconciliation | The reconciliation of the statutory federal income taxes and the provision for income taxes is as follows (in thousands, except percentages):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
| Amount |  | Percentage |  | Amount |  | Percentage |  | Amount |  | Percentage
Tax at statutory rate | $ | 12,201 |  |  | 21.0 | % |  | $ | 9,197 |  |  | 21.0 | % |  | $ | 11,070 |  |  | 21.0 | %
State tax - net of federal benefits | 763 |  |  | 1.3 |  |  | 751 |  |  | 1.7 |  |  | 1,531 |  |  | 2.9 |
Foreign rate differential | 1,606 |  |  | 2.8 |  |  | 954 |  |  | 2.2 |  |  | 1,737 |  |  | 3.3 |
Changes in federal valuation allowance | — |  |  | — |  |  | 210 |  |  | 0.5 |  |  | — |  |  | — |
Stock-based compensation | 108 |  |  | 0.2 |  |  | (1,083) |  |  | (2.5) |  |  | (1,992) |  |  | (3.8) |
Non-deductible meals and entertainment expenses | 289 |  |  | 0.5 |  |  | 398 |  |  | 0.9 |  |  | 252 |  |  | 0.5 |
Other permanent items | — |  |  | — |  |  | 5 |  |  | — |  |  | 73 |  |  | 0.1 |
Federal tax credits - net of uncertain tax positions | (3,959) |  |  | (6.8) |  |  | (4,047) |  |  | (9.2) |  |  | (3,844) |  |  | (7.3) |
Amended return true-up | (162) |  |  | (0.3) |  |  | (8) |  |  | — |  |  | (4,176) |  |  | (7.9) |
Foreign-derived intangible income deduction | (3,699) |  |  | (6.4) |  |  | (3,585) |  |  | (8.2) |  |  | — |  |  | — |
162(m) limitation on officers compensation | 873 |  |  | 1.5 |  |  | 1,221 |  |  | 2.8 |  |  | 998 |  |  | 1.9 |
Other | (61) |  |  | (0.1) |  |  | (188) |  |  | (0.4) |  |  | 159 |  |  | 0.3 |
| $ | 7,959 |  |  | 13.7 | % |  | $ | 3,825 |  |  | 8.7 | % |  | $ | 5,808 |  |  | 11.0 | %
Schedule of Deferred Tax Assets and Liabilities | Deferred tax balances are comprised of the following (in thousands):
| As of December 31, 2024 |  | As of December 31, 2023
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 3,561 |  |  | $ | 3,799 |
Research and development credits, net of uncertain tax positions | 29,217 |  |  | 36,592 |
Accruals, reserves and other | 19,086 |  |  | 18,433 |
Stock-based compensation | 2,040 |  |  | 1,475 |
Depreciation and amortization | (1,293) |  |  | (1,052) |
Operating lease liability | 2,728 |  |  | 3,669 |
Capitalized research and development expenses | 30,985 |  |  | 23,497 |
Gross deferred tax assets | 86,324 |  |  | 86,413 |
Valuation allowance | (18,569) |  |  | (17,588) |
Total deferred tax assets | 67,755 |  |  | 68,825 |
Deferred tax liabilities: |  |  |
Deferred contract acquisition costs | (2,560) |  |  | (2,429) |
Operating lease right-of-use asset | (2,610) |  |  | (3,533) |
Other | (221) |  |  | (138) |
Total deferred tax liabilities | (5,391) |  |  | (6,100) |
Net deferred tax assets | $ | 62,364 |  |  | $ | 62,725 |
Schedule of Unrecognized Tax Benefits Roll Forward | The activity related to the unrecognized tax benefits is as follows (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Gross unrecognized tax benefits—beginning balance | $ | 7,575 |  |  | $ | 7,077 |  |  | $ | 6,841 |
Increases (decreases) related to tax positions from prior years | — |  |  | 27 |  |  | (226) |
Increases related to tax positions taken during current year | 576 |  |  | 580 |  |  | 462 |
Releases / statute lapses | (76) |  |  | (109) |  |  | — |
Gross unrecognized tax benefits—ending balance | $ | 8,075 |  |  | $ | 7,575 |  |  | $ | 7,077 |

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