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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense (Benefit)

The provision for income taxes consists of the following:

		Year Ended
		December 31,
		2024				2023				2022
		(in thousands)
Federal:
Current		$	(12	)		$	4			$	(579	)
Deferred			(6,809	)			8				4,667
Total Federal			(6,821	)			12				4,088
State and Local:
Current			44				(539	)			(762	)
Deferred			(727	)			17				1,602
Total State and Local			(683	)			(522	)			840
Foreign
Current			2,077				848				255
Deferred			(84	)			—				(90	)
Total Foreign			1,993				848				165
Total		$	(5,511	)		$	338			$	5,093

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the provision (benefit) for income taxes and the provision (benefit) for income taxes at the U.S. federal statutory rate is as follows:

		Year Ended
		December 31,
		2024				2023				2022
		(in thousands)
U.S. Operations		$	4,268			$	(20,116	)		$	(53,947	)
Foreign Operations			6,404				2,775				(506	)
Income (loss) before income taxes			10,672				(17,341	)			(54,453	)
Federal statutory rate			21	%			21	%			21	%
Provision (benefit) for income taxes at federal statutory rate			2,241				(3,642	)			(11,435	)
State taxes, net of federal benefit			526				(385	)			(2,098	)
Foreign tax rate differential			275				135				90
Change in valuation allowance			(1,453	)			2,850				18,353
Excess tax benefit recognized			(368	)			287				(232	)
Valuation allowance reduction due to acquired liabilities			(7,592	)			—				—
Foreign tax credit			(8	)			(96	)			—
Research and development credit			(539	)			(558	)			(400	)
Global intangible low taxed income			8				858				325
Change in unrecognized tax benefits			(245	)			(330	)			(382	)
Section 162(m)			414				1,237				395
Business transaction costs			442				—				—
Other			788				(18	)			477
Provision (benefit) for income taxes		$	(5,511	)		$	338			$	5,093

Schedule of Deferred Tax Assets and Liabilities

The tax effects of significant items comprising the Company’s deferred tax assets (liabilities) are as follows:

		December 31, 2024				December 31, 2023
		(in thousands)
Allowance for doubtful accounts		$	4			$	4
Fixed assets			(740	)			(764	)
Goodwill			(1,501	)			(1,402	)
Employee benefits			2,254				2,789
Intangible assets			(8,600	)			1,614
Inventories			1,110				1,434
Lease liability			2,255				1,977
Net operating loss			6,170				8,372
Research and development expenses			9,131				6,154
Right of use asset			(2,044	)			(1,754	)
Sales reserves			1,270				1,524
Unrecognized tax benefits			232				311
Other			3,236				1,376
			12,777				21,635
Valuation allowance			(13,049	)			(22,094	)
Net deferred tax liabilities		$	(272	)		$	(459	)

Schedule of Unrecognized Tax Benefits

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

		December 31, 2024				December 31, 2023
		(in thousands)
Gross unrecognized tax benefit, beginning of period		$	2,284			$	3,002
Additions based on tax positions related to the current year			128				128
Additions related to tax positions in a prior year			—				—
Settlements related to tax positions in a prior period			(178	)			(32	)
Decreases based on tax positions in a prior period			(450	)			(814	)
Gross unrecognized tax benefit, end of period		$	1,784			$	2,284

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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