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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Loss before Income Tax, Domestic and Foreign | The components of the Company's loss before taxes consisted of the following (in thousands):
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Domestic | $ | (3,399) |  |  | $ | (39,680) |  |  | $ | (21,614) |
Foreign | 1,007 |  |  | 1,204 |  |  | 971 |
Total loss before taxes | $ | (2,392) |  |  | $ | (38,476) |  |  | $ | (20,643) |
Schedule of Components of Provision for Income Taxes | The components of the Company’s provision for income taxes are as follows (in thousands):
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Current: |  |  |  |  |
Federal | $ | (4,849) |  |  | $ | (624) |  |  | $ | (4,052) |
State | (688) |  |  | (254) |  |  | (659) |
Foreign | (2,168) |  |  | (2,214) |  |  | (1,626) |
| (7,705) |  |  | (3,092) |  |  | (6,337) |
Deferred: |  |  |  |  |
Foreign | 42 |  |  | 112 |  |  | (29) |
| 42 |  |  | 112 |  |  | (29) |
Total provision for income taxes | $ | (7,663) |  |  | $ | (2,980) |  |  | $ | (6,366) |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the U.S. statutory federal income tax rate to the Company's effective income tax rate is as follows:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State tax | (22.9) |  |  | 0.9 |  |  | (2.8) |
Research and development credit | 48.5 |  |  | 1.4 |  |  | 1.2 |
GILTI | (33.4) |  |  | (2.2) |  |  | (4.2) |
Foreign tax credit | 33.2 |  |  | 1.4 |  |  | 4.2 |
Rate differentials for controlled foreign corporations and charitable organizations | (14.3) |  |  | (1.3) |  |  | 1.9 |
Permanent items and others | 1.6 |  |  | (0.1) |  |  | 0.7 |
Stock-based compensation | (235.6) |  |  | (16.1) |  |  | (25.3) |
Change in valuation allowance | (55.4) |  |  | (9.7) |  |  | (13.4) |
162(m) limitation | (63.1) |  |  | (3.0) |  |  | (14.1) |
Effective income tax rate | (320.4) | % |  | (7.7) | % |  | (30.8) | %
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company's deferred tax assets and liabilities are as follows (in thousands):
| As December 31,
| 2024 |  | 2023
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 107 |  |  | $ | 88 |
Tax credit carryforwards | 134 |  |  | 413 |
Accruals and reserves | 490 |  |  | 785 |
Stock-based compensation | 2,436 |  |  | 2,639 |
Interest expense limitation | — |  |  | 118 |
Lease liabilities | 1,611 |  |  | 1,742 |
Charitable contributions | 39 |  |  | 101 |
Property and equipment | 770 |  |  | 654 |
Capitalized research and development | 10,295 |  |  | 7,677 |
Total deferred tax assets | 15,882 |  |  | 14,217 |
Less: valuation allowance | (9,872) |  |  | (8,971) |
Deferred tax assets net of valuation allowance | 6,010 |  |  | 5,246 |
Deferred tax liabilities: |  |  |
Capitalized software development costs | (3,969) |  |  | (3,080) |
Operating lease right-of-use assets | (1,356) |  |  | (1,625) |
Capitalized commissions | (186) |  |  | (84) |
Total deferred tax liabilities | (5,511) |  |  | (4,789) |
Deferred tax assets, net | $ | 499 |  |  | $ | 457 |
Schedule of Unrecognized Tax Benefits | A reconciliation of the amount of unrecognized tax benefits is as follows (in thousands):
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Balance as of January 1 | $ | 2,050 |  |  | $ | 1,812 |  |  | $ | 1,656 |
Additions based on tax positions related to current year | 300 |  |  | 247 |  |  | 126 |
Additions based on tax positions of prior year | 242 |  |  | 14 |  |  | 30 |
Reductions based on tax positions of prior year | (72) |  |  | (23) |  |  | — |
Expiration of the statute of limitations | (578) |  |  | — |  |  | — |
Balance as of December 31 | $ | 1,942 |  |  | $ | 2,050 |  |  | $ | 1,812 |

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