XML 393 R100.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income taxes - Net Deferred Tax Asset (Liability) (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets    
Federal losses carryforward $ 108.7 $ 58.7
State losses carryforward 67.1 38.9
R&D carryforward 22.6 21.9
Stock compensation 4.6 6.8
Foreign losses carryforward 14.4 13.9
Inventory reserves 10.1 12.6
Lease liability 3.3 4.3
IRC 263A capitalized costs 1.3 2.8
Capitalized R&D 38.2 35.3
IRC 163(j) Interest Limitation 44.6 26.2
Fixed assets 14.2 26.7
Intangible assets 13.4 13.8
Accrued compensation 0.3 2.8
Other 3.4 4.8
Gross deferred tax assets 346.2 269.5
Valuation allowance (339.0) (257.8)
Total deferred tax assets 7.2 11.7
Deferred tax liabilities    
Fixed assets (1.8) (2.6)
Intangible assets (38.1) (40.4)
Right-of-use asset (3.1) (4.0)
Foreign Withholding Tax (1.2) (5.5)
Prepaid expenses (4.1) (4.2)
Other (0.6) (2.2)
Total deferred tax liabilities (48.9) (58.9)
Net deferred tax liabilities $ (41.7) $ (47.2)