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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the Company’s U.S. and foreign components of consolidated income before income taxes and the

provision for income taxes.

	Years Ended December 31,
	2025		2024		2023
	(In thousands)
Income before income taxes:
U.S.	$27,423		$25,608		$22,592
Foreign	172		127		113
Total income before income taxes	$27,595		$25,735		$22,705
Current tax provision:
Federal	$2,692		$1,266		$1,268
State	17		24		13
Foreign	156		106		51
Current tax provision	2,865		1,396		1,332
Deferred tax provision (benefit):
Federal	1,547		1,619		(262)
State	221		(330)		131
Total deferred tax provision (benefit)	1,768		1,289		(131)
Total provision for income taxes	$4,633		$2,685		$1,201

Schedule of Effective Income Tax Rate Reconciliation

The following table presents a reconciliation of income taxes computed at the statutory federal income

tax rate to the effective tax rate implied by the accompanying Consolidated Statements of Operations for the year ended December 31, 2025

in accordance with ASU 2023-09.

	Amount		Percent
U.S. federal taxes at statutory rate	$5,795		21%
State and local income tax, net of federal benefit1	243		1
Foreign rate differential	57		—
Effect of cross-border tax laws
Foreign derived intangible income	(1,853)		(7)
Tax credits
Research & development tax credits	(331)		(1)
Changes in Valuation Allowances
Nontaxable or Nondeductible Items
Stock-based compensation shortfalls	275		1
Non-deductible compensation	334		1
Other	114		1
Changes in unrecognized tax benefits	(4)		—
Other	3		—
Provision for income taxes and effective tax rate	$4,633		17%

1California makes up the majority of state tax expense in this category.

The following table presents a reconciliation of income taxes computed at the statutory federal income tax rate to the effective tax

rate implied by the accompanying Consolidated Statements of Operations for the years ended December 31, 2024 and December 31, 2023

in accordance with the guidance before the adoption of ASU 2023-09.

	Years Ended December 31,
	2024		2023
U.S. federal taxes at statutory rate	21%		21%
Stock-based compensation	2		(1)
Non-deductible expenses	1		1
Research and Development Tax Credits	(4)		(6)
Valuation allowance	(2)		—
Foreign derived intangible income	(8)		(10)
Effective tax rate	10%		5%

Schedule of Deferred Tax Assets and Liabilities

The following table presents the components of the Company’s net deferred tax asset, which is presented in other assets, non-current

on the Consolidated Balance Sheets.

	December 31,
	2025		2024
	(In thousands)
Deferred tax assets:
Net operating loss carry forwards	$496		$496
Amortization of research and experimental expenditures	8,065		7,649
Accruals and reserves	3,314		4,549
Operating lease liabilities	2,067		2,474
Research and development, and foreign tax credit carry forwards	4,954		4,908
Total deferred tax assets	18,896		20,076
Valuation allowance	(4,740)		(4,425)
Total deferred tax assets, net of valuation allowance	14,156		15,651
Deferred tax liabilities:
Depreciation on property and equipment	(1,652)		(2,116)
Right of use asset	(1,679)		(2,110)
Other	(62)		(25)
Goodwill	(2,496)		(2,396)
Total deferred tax liabilities	(5,889)		(6,647)
Net deferred tax asset	$8,267		$9,004

Schedule of Valuation Allowance

The following table presents the valuation allowance activities.

		Years Ended December 31,
		2025		2024		2023
(In thousands)
Balance, beginning of year		$4,425		$4,600		$4,185
Changes to valuation allowance		315		(175)		415
Balance, end of year		$4,740		$4,425		$4,600

Summary of Operating Loss Carryforwards

The following table presents the Company’s California net operating loss carryforward.

	Earliest Expiration Year		December 31,
			2025		2024
			(In thousands)
California	2034		$6,822		$6,822

Summary of Tax Credit Carryforwards

The following table presents the Company’s R&D credit by taxing authority, minimum tax credit and foreign tax credit carryforwards.

	Earliest Expiration Year		December 31,
			2025		2024
			(In thousands)
California	No Expiration Date		6,271		6,098

Schedule of Cash Paid for Income Taxes

The following table presents the net cash paid by the Company for income taxes during the year ended December 31, 2025.

		December 31,
		2025
		(In thousands)
Domestic
Federal		$1,250
States		8
Foreign
Spain		79
China		51
Other		10
Total cash paid for taxes, net of refunds		$1,398

Schedule of Unrecognized Tax Benefits Roll Forward

The following table presents the aggregate changes in the balance of the gross

unrecognized tax benefits.

	Years Ended December 31,
	2025		2024		2023
	(In thousands)
Gross unrecognized tax benefits, beginning of year	$1,862		$1,705		$1,505
Additions:
Current year tax position	87		170		184
Prior year tax position	6		—		16
Reductions:
Settlement	(136)		—		—
Prior year tax position	(9)		(13)		—
Gross unrecognized tax benefits, end of year	$1,810		$1,862		$1,705

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