XML 52 R33.htm IDEA: XBRL DOCUMENT v3.24.1

Note 9 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended December 31
(In thousands)		2023				2022
Current:
Federal		$	(24	)		$	1,392
State			(70	)			606
Foreign			123				3
Total current			29				2,001
Deferred:
Federal			(3,352	)			(3,730	)
State			(462	)			(537	)
Foreign			20				1
Less: valuation allowance			3,649				4,041
Total deferred			(145	)			(225	)
Total income tax expense (benefit)		$	(116	)		$	1,776

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended December 31,
(In thousands)		2023								2022
Federal income taxes at the statutory rate		$	(13,300	)			21.0	%		$	(25,527	)			21.0	%
Share-based compensation shortfall (windfall)			13				(0.0	)			8				(0.0	)
Effect of state taxes, net of federal tax benefit			(517	)			0.8				(2	)			0.0
Non-deductible items			(421	)			0.7				1,070				(0.9	)
Goodwill impairment			9,491				(15.0	)			23,184				(19.1	)
Return to provision adjustment			2,731				(4.3	)			493				(0.4	)
Foreign rate difference			16				(0.0	)			1				(0.0	)
Deferred only adjustments			197				(0.3	)			444				(0.4	)
Research and development credit			(1,992	)			3.1				(1,960	)			1.6
Other			17				(0.0	)			24				(0.0	)
Change in valuation allowance			3,649				(5.8	)			4,041				(3.3	)
Income tax expense (benefit)		$	(116	)			0.2	%		$	1,776				(1.5	)%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)		December 31, 2023				December 31, 2022
Deferred tax assets:
Net operating loss carryforwards		$	1,400			$	973
Share-based compensation			5,129				5,344
Capitalized research and experimental expenditures			3,069				4,088
Intangible assets, net			1,415				—
Tax credits			1,413				—
Accrued expense			1,178				894
Operating lease liability			973				1,533
Interest expense limitation			589				—
Accounts receivable, net			56				136
Other			280				—
			15,502				12,968
Valuation allowance			(14,568	)			(11,171	)
Total deferred tax assets, net of valuation allowance			934				1,797
Deferred tax liabilities:
Operating lease right-of-use asset			(827	)			(1,300	)
Property and equipment, net			(136	)			(222	)
Intangible assets, net			—				(407	)
Other			—				(42	)
			(963	)			(1,971	)
Net deferred tax liability		$	(29	)		$	(174	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		Year Ended December 31,
(In thousands)		2023				2022
Unrecognized tax benefits, opening balance		$	1,480			$	1,480
Change in unrecognized tax benefits			—				—
Unrecognized tax benefits, ending balance		$	1,480			$	1,480

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://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-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://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-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://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-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 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/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-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

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration