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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Components of Income Before Income Taxes

The components of income before income taxes as shown in the accompanying Consolidated Statement of Operations, consisted of the following for the years ended December 31, 2024, 2023 and 2022:

		Years Ended December 31,
		2024				2023				2022
		(Amounts in thousands)
Income (loss) before income taxes:
Domestic		$	1,556			$	(6,222	)		$	13,892
Foreign			2,868				(2,809	)			(1,401	)
Income (loss) before income taxes		$	4,424			$	(9,031	)		$	12,491

Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes, as shown in the accompanying Consolidated Statement of Operations, consisted of the following for the years ended December 31, 2024, 2023 and 2022:

		Years Ended December 31,
		2024				2023				2022
		(Amounts in thousands)
Current provision (benefit):
Federal		$	672			$	(473	)		$	2,293
State			93				(23	)			653
Foreign			762				316				178
Total current provision (benefit)			1,527				(180	)			3,124
Deferred provision (benefit):
Federal			(445	)			(648	)			678
State			(52	)			(133	)			162
Foreign			6				(1,001	)			(433	)
Total deferred provision (benefit)			(491	)			(1,782	)			407
Change in valuation allowance			(14	)			69				248
Total provision (benefit) for income taxes		$	1,022			$	(1,893	)		$	3,779

Reconciliation of Income Taxes

The reconciliation of income taxes computed using our statutory U.S. income tax rate and the provision (benefit) for income taxes for the years ended December 31, 2024, 2023 and 2022 were as follows:

		Years Ended December 31,
(Amounts in thousands)		2024								2023								2022
Income taxes computed at the federal statutory rate		$	929				21.0	%		$	(1,897	)			(21.0	%)		$	2,623				21.0	%
State income taxes, net of federal tax benefit			21				0.5				(198	)			(2.2	)			804				6.4
Shortfalls in expected tax benefits from stock options/RSUs			102				2.3				220				2.4				56				0.5
Worthless stock deduction			(248	)			(5.6	)			—				—				—				—
Difference in tax rate on foreign earnings/other			232				5.2				(87	)			(1.0	)			48				0.4
Change in valuation allowance			(14	)			(0.3	)			69				0.8				248				2.0
		$	1,022				23.1	%		$	(1,893	)			(21.0	%)		$	3,779				30.3	%

Components of Deferred Tax Assets and Liabilities

The components of the deferred tax assets and liabilities were as follows:

		At December 31,
		2024				2023
		(Amounts in thousands)
Deferred tax assets:
Allowance for credit losses		$	100			$	150
Accrued vacation and bonuses			403				437
Stock-based compensation expense			2,316				2,100
Acquisition-related transaction costs			455				471
Severance liabilities			448				—
Net operating losses			452				628
Other			157				—
Total deferred tax assets			4,331				3,786
Deferred tax liabilities:
Prepaid expenses			776				488
Depreciation, intangibles and contingent consideration			1,805				1,877
Total deferred tax liabilities			2,581				2,365
Valuation allowance			(452	)			(628	)
Net deferred tax asset (liability)		$	1,298			$	793

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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 income before income tax between domestic and foreign jurisdictions.

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