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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The following table presents a summary of our domestic and foreign (loss) income before income taxes for the periods presented:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Domestic | $ | (75,413) |  |  | $ | (26,243) |  |  | $ | 11,024 |
Foreign | (21,859) |  |  | 3,704 |  |  | 3,609 |
(Loss) income before income taxes | $ | (97,272) |  |  | $ | (22,539) |  |  | $ | 14,633 |
Schedule of Components of Income Tax Expense | The components of income tax expense included in our consolidated statements of operations were as follows:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Current: |  |  |  |  |
Federal | $ | 1,939 |  |  | $ | 10,972 |  |  | $ | 15,036 |
State | (588) |  |  | 2,896 |  |  | 3,881 |
Foreign | (125) |  |  | 651 |  |  | 861 |
Current income tax expense | 1,226 |  |  | 14,519 |  |  | 19,778 |
Deferred: |  |  |  |  |
Federal | (14,534) |  |  | (7,449) |  |  | (9,040) |
State | 14,747 |  |  | (2,906) |  |  | (2,666) |
Foreign | 155 |  |  | (1) |  |  | (161) |
Deferred income tax expense (benefit) | 368 |  |  | (10,356) |  |  | (11,867) |
Income tax expense | $ | 1,594 |  |  | $ | 4,163 |  |  | $ | 7,911 |
Schedule of Reconciliation of Effective Tax Rate | The sources and tax effects of the differences after the adoption of ASU 2023-09 are as follows:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
(In thousands except % data) | Amount ($) | Percent (%) |  | Amount ($) | Percent (%) |  | Amount ($) | Percent (%)
U.S. federal statutory tax rate | $ | (20,427) |  | 21.0 | % |  | $ | (4,733) |  | 21.0 | % |  | $ | 3,073 |  | 21.0 | %
State income taxes, net of federal tax benefit* | 14,966 |  | (15.4) |  |  | (543) |  | 2.4 |  |  | (128) |  | (0.9) |
Foreign tax effects |  |  |  |  |  |  |  |
China |  |  |  |  |  |  |  |
Statutory tax rate difference between China and U.S. | 1,295 |  | (1.3) |  |  | (244) |  | 1.1 |  |  | (241) |  | (1.6) |
Changes in valuation allowance | 3,393 |  | (3.5) |  |  | — |  | — |  |  | — |  | — |
Other | (68) |  | 0.1 |  |  | 117 |  | (0.6) |  |  | 183 |  | 1.2 |
Effect of changes in tax laws or rates enacted in the current period | — |  | — |  |  | — |  | — |  |  | — |  | — |
Effect of cross-border tax laws |  |  |  |  |  |  |  |
Global intangible low-taxed income tax | — |  | — |  |  | 309 |  | (1.4) |  |  | 285 |  | 2.0 |
Tax credits |  |  |  |  |  |  |  |
Research and development tax credits | (1,010) |  | 1.0 |  |  | (2,489) |  | 11.0 |  |  | (3,893) |  | (26.6) |
Changes in valuation allowance | — |  | — |  |  | 434 |  | (1.9) |  |  | — |  | — |
Nontaxable or nondeductible items |  |  |  |  |  |  |  |
Stock-based compensation | 1,629 |  | (1.7) |  |  | 7,086 |  | (31.4) |  |  | 4,207 |  | 28.8 |
Bank owned life insurance income | (1,314) |  | 1.4 |  |  | (579) |  | 2.6 |  |  | (612) |  | (4.2) |
Bank owned life insurance surrender | — |  | — |  |  | 2,253 |  | (10.0) |  |  | — |  | — |
Nondeductible transaction related costs | 875 |  | (0.9) |  |  | — |  | — |  |  | — |  | — |
Nondeductible penalties | — |  | — |  |  | 5,056 |  | (22.4) |  |  | 4,261 |  | 29.1 |
IRC 162(m) limitation | 413 |  | (0.4) |  |  | (2,856) |  | 12.7 |  |  | 55 |  | 0.4 |
Other | 72 |  | (0.1) |  |  | 97 |  | (0.5) |  |  | 73 |  | 0.5 |
Changes in unrecognized tax benefits | (1,928) |  | 2.0 |  |  | 255 |  | (1.1) |  |  | 658 |  | 4.5 |
Other adjustments |  |  |  |  |  |  |  |
IRS examination settlement | 3,016 |  | (3.1) |  |  | — |  | — |  |  | — |  | — |
Expiration of tax attributes | 430 |  | (0.4) |  |  | — |  | — |  |  | — |  | — |
Other | 252 |  | (0.3) |  |  | — |  | — |  |  | (10) |  | (0.1) |
Effective tax rate | $ | 1,594 |  | (1.6) | % |  | $ | 4,163 |  | (18.5) | % |  | $ | 7,911 |  | 54.1 | %
* | State taxes in California, Florida, Pennsylvania, Georgia, Alabama, and Louisiana made up the majority (greater than 50 percent) of the tax effect in this category.
Schedule of Cash Flow, Supplemental Disclosures | The components of total income taxes paid, net of refunds, by jurisdiction are as follows:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Federal | $ | 3,515 |  |  | $ | 9,807 |  |  | $ | 19,344 |
States |  |  |  |  |
Arkansas | 244 |  |  | ** |  | **
Florida | 195 |  |  | ** |  | **
Georgia | 117 |  |  | ** |  | 391 |
Indiana | 149 |  |  | ** |  | **
Illinois | ** |  | 210 |  |  | 504 |
Kansas | 207 |  |  | ** |  | **
Kentucky | ** |  | 256 |  |  | **
Louisiana | ** |  | 542 |  |  | **
Maryland | 253 |  |  | ** |  | **
Missouri | ** |  | 228 |  |  | **
New York | ** |  | ** |  | 453 |
Pennsylvania | 130 |  |  | 195 |  |  | 446 |
South Carolina | ** |  | 343 |  |  | **
Utah | ** |  | ** |  | 392 |
All other states | 727 |  |  | 1,466 |  |  | 2,015 |
Foreign |  |  |  |  |
China | 560 |  |  | 543 |  |  | 806 |
Total income taxes paid, net of amounts refunded | $ | 6,097 |  |  | $ | 13,590 |  |  | $ | 24,351 |
**Jurisdiction did not exceed the 5% threshold for the period presented. |  |  |  |  |
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary difference that give rise to significant portions of our deferred tax assets and liabilities were as follows:
| December 31,
| 2025 |  | 2024
| (In thousands)
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 83,343 |  |  | $ | 8,424 |
Stock-based compensation | 8,264 |  |  | 8,370 |
Reserve for overdrawn accounts | 7,082 |  |  | 6,736 |
Accrued liabilities | 7,979 |  |  | 5,051 |
Lease liabilities | 481 |  |  | 1,895 |
Internal-use software costs | — |  |  | 7,768 |
Tax credit carryforwards | 14,952 |  |  | 13,296 |
Unrealized loss on available-for-sale securities | — |  |  | 91,583 |
Equity method investments | 21,327 |  |  | 3,632 |
Other | 2,090 |  |  | 2,208 |
Unrealized loss on equity securities | — |  |  | 628 |
Capital loss carryforwards | 625 |  |  | 13 |
Gross deferred tax assets | 146,143 |  |  | 149,604 |
Valuation allowance | (21,597) |  |  | (519) |
Total deferred tax assets | $ | 124,546 |  |  | $ | 149,085 |
Deferred tax liabilities: |  |  |
Internal-use software costs | $ | 5,790 |  |  | $ | — |
Property and equipment, net | 1,053 |  |  | 1,274 |
Deferred expenses | 197 |  |  | 312 |
Intangible assets | 25,055 |  |  | 21,335 |
Lease right-of-use assets | 263 |  |  | 1,759 |
Total deferred tax liabilities | 32,358 |  |  | 24,680 |
Net deferred tax assets | $ | 92,188 |  |  | $ | 124,405 |
Schedule of Unrecognized Tax Benefits Roll Forward | The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is as follows:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Beginning balance | $ | 12,541 |  |  | $ | 12,109 |  |  | $ | 11,178 |
Increases related to positions taken during prior years | — |  |  | 27 |  |  | 543 |
Increases related to positions taken during the current year | 966 |  |  | 1,339 |  |  | 1,431 |
Decreases related to positions taken during prior years | (245) |  |  | (44) |  |  | — |
Decreases related to positions settled with tax authorities | (511) |  |  | (86) |  |  | (90) |
Decreases due to a lapse of applicable statute of limitations | (1,328) |  |  | (804) |  |  | (953) |
Ending balance | $ | 11,423 |  |  | $ | 12,541 |  |  | $ | 12,109 |
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate | $ | 11,053 |  |  | $ | 11,999 |  |  | $ | 11,611 |

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