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Stockholders' Equity
 3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
11. Stockholders’ Equity
Equity Acquisition Consideration
On February 3, 2025, as part of the equity portion of the Acquisition consideration, the Company issued 30,320,161 shares of new Common Stock and reissued all 13,429,839 shares of its Treasury Stock at $6.01 per share. A $6.3 million gain on issuance of Treasury Stock, representing the excess of the fair value at the time of issuance of $80.7 million over the original cost of $74.4 million, was recorded to additional paid-in capital. In addition, the Company incurred direct stock issuance costs of approximately $1.6 million, which have been recorded as a reduction to additional paid-in capital.
Share Repurchases
In December 2022, the Company’s Board of Directors (“Board”) authorized a $30 million share repurchase program. The Company did not repurchase any shares of Common Stock during the three months ended March 31, 2026 and 2025. As of March 31, 2026, $6.6 million remained available for repurchase under the program. Commission costs associated with share repurchases and any excise taxes accrued as a result of the Inflation Reduction Act of 2022 do not reduce the remaining authorized amount under the repurchase programs.
In addition, the Company may periodically withhold shares to satisfy employee tax withholding obligations arising in connection with the vesting of restricted stock units and exercise of options and warrants in accordance with the terms of the Company’s equity incentive plans and the underlying award agreements.
During the three months ended March 31, 2026, the Company withheld 45,161 shares with a fair value of less than $0.1 million to satisfy employee tax withholding obligations. During the three months ended March 31, 2025, the Company withheld 73,000 shares with a fair value of $0.4 million.
Accumulated Other Comprehensive Income (Loss)
The following table details the changes in accumulated other comprehensive income (loss), net of tax:
Foreign Currency Translation Loss
Unrealized Loss on Investments in Marketable Securities(1)
Total Accumulated Other Comprehensive Loss
(In thousands)
Balance–December 31, 2025$96,659 $— $96,659 
Other comprehensive loss, net of tax:
   Other comprehensive loss before reclassifications
(8,626)(7)(8,633)
   Realized gains from sales of investments in marketable securities reclassified to earnings
— — — 
Other comprehensive loss, net of tax
(8,626)(7)(8,633)
Balance–March 31, 2026$88,033 $(7)$88,026 
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(1)The tax effects related to realized and unrealized gains on investments in marketable securities was immaterial for the three months ended March 31, 2026.