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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Components of (Loss) Income Before Income Taxes

The following table presents domestic and foreign components of loss before income taxes for the tax years ended December 31, 2025, 2024 and 2023:

			Year Ended December 31,
			2025						2024						2023
			(In thousands)
United States			$	(3,486)					$	7,670					$	759
International			(13,105)						(16,623)						(20,062)
Loss before income taxes			$	(16,591)					$	(8,953)					$	(19,303)

Schedule of Benefit for Income Taxes from Operations

Benefit for income taxes from operations consists of the following:

			Year Ended December 31,
			2025						2024						2023
			(In thousands)
Current:
Federal			$	39					$	(342)					$	(653)
State			(388)						(1,581)						(1,309)
Foreign			(1,070)						(1,053)						(2,219)
Total			(1,419)						(2,976)						(4,181)
Deferred:
Federal			(23)						29						(75)
Foreign			5,121						5,376						7,216
Total			5,098						5,405						7,141
Income tax benefit			$	3,679					$	2,429					$	2,960

Schedule of Reconciliation ofStatutory Federal Tax Rate and Effective Tax Rate

The table below provides the updated requirements of ASU 2023-09 for 2025, as previously referred to in Note 1, “Description of Business and Summary of Significant Accounting Policies—Recently Adopted Accounting Standards,” to the consolidated financial statements. The effective income tax rate for the year ended December 31, 2025 differs from the statutory federal income tax rate as follows:

			Year Ended December 31, 2025
			Amount						Percent
			(In thousands)
United States statutory tax rate			$	3,484					21.0		%
State and local income taxes, net of federal income tax effect (1)			(307)						(1.8)
Foreign tax effects:
Belgium:
Effect of rates different than statutory			297						1.8
Innovation income deduction			702						4.2
Other			(28)						(0.2)
Ireland:
Other			(40)						(0.2)
United Kingdom:
Effect of rates different than statutory			323						1.9
Other			(69)						(0.4)
Other foreign jurisdictions			115						0.7
Tax credits:
Federal research credits			4,247						25.6
Other			150						0.9
Changes in valuation allowances			(1,901)						(11.5)
Nontaxable or nondeductible items:
Meals and entertainment			(195)						(1.2)
Stock-based compensation			(1,700)						(10.2)
Non-deductible executive compensation			(824)						(5.0)
Income from branch			(288)						(1.7)
Other			(125)						(0.8)
Changes in unrecognized tax benefits			(284)						(1.7)
Other adjustments:
Other			122						0.8
Effective tax rate			$	3,679					22.2		%

________________________

(1) State taxes in Washington, D.C. and Virginia made up greater than 50% of the tax effect in this category.

As previously disclosed for the years ended December 31, 2024 and 2023, prior to the adoption of ASU 2023-09, the effective income tax rate differs from the statutory federal income tax rate as follows:

									Year Ended December 31,
									2024						2023
Federal tax rate									21.0		%				21.0		%
State tax rate - statutory blended rate									4.2						4.3
Other effective state tax adjustments									(8.5)						(5.2)
Non-deductible expenses									(4.6)						(4.1)
Non-deductible executive compensation									(12.4)						—
Research tax benefits									49.4						24.4
Stock-based compensation									1.2						(18.0)
Change in valuation allowance									(22.8)						(11.7)
Deferred tax rate change									0.1						0.6
Intangibles and deferred adjustments									(7.3)						—
Foreign rate differential									5.4						2.8
Other									1.4						1.2
Total									27.1		%				15.3		%

Schedule of Significant Components of Net Deferred Tax Liability

The following table presents the significant components of the Company’s net deferred tax liability:

			As of December 31,
			2025						2024
			(In thousands)
Deferred tax assets:
Allowance for doubtful accounts			$	146					$	276
Accrued liabilities			3,497						3,256
Operating lease liabilities			56,758						56,788
Deferred revenue			1,828						1,913
Stock-based compensation			2,322						2,826
Capitalized research and development expenses			32,193						44,716
Tax credits			19,807						15,694
Net operating losses			20,632						12,761
Other deferred tax assets			1,641						1,859
Gross deferred tax assets			138,824						140,089
Less: valuation allowance			(71,324)						(70,008)
Total deferred tax assets			67,500						70,081
Deferred tax liabilities:
Property, plant and equipment			18,781						22,436
Goodwill			1,699						1,554
Intangibles			33,058						34,305
Operating lease assets			38,441						39,090
Total deferred tax liabilities			91,979						97,385
Net deferred tax liability			$	24,479					$	27,304

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

			Year Ended December 31,
			2025						2024
			(In thousands)
Unrecognized tax benefits—January 1,			$	7,438					$	6,170
Gross increases—tax positions in prior period			284						91
Gross increases—tax positions in current period			1,056						1,177
Unrecognized tax benefits—December 31,			$	8,778					$	7,438

Schedule of Cash Flow, Supplemental Disclosures

A summary of income taxes paid (refunded) by jurisdiction is as follows:

			As of December 31,
			2025
			(In thousands)
US Federal			$	(280)
State:
California			674
Washington, D.C.			206
Delaware			95
New Jersey			94
Pennsylvania			(157)
Other State			(36)
Foreign:
Belgium			(821)
Ireland			94
Other Foreign			76
Net Refund			$	(55)

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