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Income Taxes (Tables)

12 Months Ended

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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