XML 40 R31.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Commitments, Contingencies and Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract] |
Future Minimum Payments on Other Contractual Obligations | Future minimum payments on the Company's other contractual obligations are approximately as follows:
(In Thousands) |  |  |
2025 |  | $ | 4,164 |
2026 |  |  | 4,065 |
2027 |  |  | 1,383 |
2028 |  |  | — |
2029 and thereafter |  |  | — |
Total minimum payments |  | $ | 9,612 |
Loss from Continuing Operations Before Provision for Income Taxes | The components of the loss before income tax expense consisted of the following:
|  | Year Ended December 31, |
(In Thousands) |  | 2024 |  |  | 2023 |
United States |  | $ | (4,565 | ) |  | $ | (9,829 | )
Foreign |  |  | (2 | ) |  |  | 13 |
Loss before income tax expense |  | $ | (4,567 | ) |  | $ | (9,816 | )
Provision for Income Taxes | Income tax expense consisted of the following:
|  | Year Ended December 31, |
(In Thousands) |  | 2024 |  |  | 2023 |
Current federal provision |  |  |  |  |  |
State |  | $ | 49 |  |  | $ | 78 |
Foreign |  |  | — |  |  |  | — |
Deferred provision (benefit) |  |  |  |  |  |
Federal |  |  | 160 |  |  |  | 25 |
State |  |  | 171 |  |  |  | (9 | )
Total income tax expense |  | $ | 380 |  |  | $ | 94 |
Computation of Income Tax Expense (Benefit) from Continuing Operations Using Federal Statutory Rate | The Company's income tax expense differed from the amounts computed by applying the U.S. federal statutory rate to the loss before provision for income taxes as a result of the following:
|  | Year Ended December 31, |
(In Thousands) |  | 2024 |  |  | 2023 |
Income tax benefit at U.S. statutory rate |  | $ | (959 | ) |  | $ | (2,061 | )
State taxes, net of valuation allowance |  |  | (129 | ) |  |  | (339 | )
Foreign taxes |  |  | 92 |  |  |  | 3 |
Non-deductible items |  |  | 13 |  |  |  | (29 | )
Stock-based compensation (1) |  |  | 145 |  |  |  | 101 |
Valuation allowance |  |  | 491 |  |  |  | 2,307 |
Tax credits |  |  | (474 | ) |  |  | (282 | )
Goodwill tax basis difference |  |  | 1,201 |  |  |  | 394 |
Total income tax expense |  | $ | 380 |  |  | $ | 94 |
(1) Includes non-deductible stock-based compensation and excess tax benefits and shortfalls from stock-based compensation
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities are presented below and reflect the 21% U.S. federal statutory rate for the years ended December 31, 2024 and 2023:
|  | As of December 31, 2024 |
(In Thousands) |  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Accrued liabilities not currently deductible |  | $ | 357 |  |  | $ | 559 |
Intangible assets-excess of financial statement over tax amortization |  |  | 3,276 |  |  |  | 2,096 |
Stock-based compensation |  |  | 941 |  |  |  | 741 |
Federal net operating and capital losses |  |  | 42,283 |  |  |  | 42,774 |
Research & experimental tax and other credit carryforwards |  |  | 6,198 |  |  |  | 5,612 |
Lease liability |  |  | 307 |  |  |  | 416 |
Capitalized research and development |  |  | 2,170 |  |  |  | 1,764 |
Other |  |  | 274 |  |  |  | 337 |
Gross deferred tax assets |  | $ | 55,806 |  |  | $ | 54,299 |
Valuation allowance |  |  | (54,597 | ) |  |  | (54,105 | )
Net deferred tax assets |  | $ | 1,209 |  |  | $ | 194 |
Deferred tax liabilities: |  |  |  |  |  |
Fixed assets |  | $ | (295 | ) |  | $ | — |
Intangible assets-excess of tax over financial statement amortization |  |  | (1,433 | ) |  |  | — |
Right-of-use lease asset |  |  | — |  |  |  | (404 | )
Other |  |  | (60 | ) |  |  | (39 | )
Net deferred tax liabilities |  | $ | (579 | ) |  |  | (249 | )
Summary of Activity Related to Tax Contingencies Recorded As an Offset to Deferred Tax Assets | The following table summarizes activity related to tax contingencies, which are recorded as an offset to deferred tax assets:
(In Thousands) |  |  |
Gross tax contingencies—January 1, 2023 |  | $ | 1,384 |
Gross increases to current period tax positions |  |  | 25 |
Gross tax contingencies—December 31, 2023 |  | $ | 1,409 |
Gross increases to current period tax positions |  |  | 60 |
Gross tax contingencies—December 31, 2024 |  | $ | 1,469 |

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about obligations resulting from other commitments. + References No definition available. + Details
Name: | us-gaap_OtherCommitmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration