XML 57 R40.htm IDEA: XBRL DOCUMENT
v3.26.1

INCOME TAX (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Income Tax Disclosure [Abstract] |
SCHEDULE OF PRETAX INCOME (LOSS) | Pretax income (loss) resulting from domestic and foreign operations is as follows (in thousands):
| 2025 |  | 2024
United States | $ | (22,061) |  |  | $ | (19,382) |
United Kingdom | (5,400) |  |  | (11,185) |
Other Foreign Jurisdictions | 2,731 |  |  | 323 |
Total Pretax Book Loss | $ | (24,730) |  |  | $ | (30,244) |
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE | The components of income tax (benefit) expense at December 31, 2025 and December 31, 2024, are as follows (in thousands):
| 2025 |  | 2024
Current: |  |  |
Federal | $ | 13 |  |  | $ | (23) |
State | 6 |  |  | 55 |
Foreign | 1,435 |  |  | 875 |
Total Current | $ | 1,454 |  |  | $ | 907 |
Deferred: |  |  |
Federal | $ | — |  |  | $ | — |
State | — |  |  | — |
Foreign | (2,374) |  |  | (2,816) |
Total Deferred | $ | (2,374) |  |  | $ | (2,816) |
Total | $ | (920) |  |  | $ | (1,909) |
SCHEDULE OF RECONCILIATION FOR PROVISION FOR INCOME TAXES | Following is a reconciliation of the amount of income tax expense (benefit) from continuing operations and the amount computed by multiplying earnings before income taxes by the United States federal statutory income tax rate based on the newly adopted disclosure requirements under ASU 2023-09, Improvements to Income Tax Disclosures for the year ended December 31, 2025. The reconciliation of the provision for income taxes at the United States Federal statutory rate compared to the Company’s income tax expense as reported is as follows (in thousands):
| 2025 |
| Amount | Percent of Pretax Loss
US Federal Statutory Income Tax Rate | $ | (5,193) |  | 21.0 | %
Domestic Federal |  |
Non-taxable or Nondeductible Items | (4) |  | — | %
Cross Border Tax Laws | 531 |  | (2.1) | %
Other Reconciling Items | (150) |  | 0.6 | %
Change in Tax Laws/Rates | 91 |  | (0.4) | %
Change in Valuation Allowance | 5,288 |  | (21.4) | %
Domestic State Income Taxes, net of Federal Effect* | (1,272) |  | 5.1 | %
Foreign tax effects |  |
United Kingdom |  |
GAAP Fx Reversal | (521) |  | 2.1 | %
Intercompany Dividend | (637) |  | 2.6 | %
Other | (19) |  | 0.1 | %
Netherlands |  | — | %
Intercompany Dividend | 657 |  | (2.7) | %
Other | 51 |  | (0.2) | %
Other Foreign Entities | 246 |  | (1.0) | %
Prior Period True-ups |  | — | %
Change in Unrecognized Tax Benefits | 12 |  | — | %
Total Income Tax (Benefit) | $ | (920) |  |
*State and local taxes in California, Georgia, and Wisconsin made up the majority (greater than 50 percent) of the tax effect in this category. Following is a reconciliation of the amount of income tax expense (benefit) from continuing operations and the amount computed by multiplying earnings before income taxes by the United States federal statutory income tax rate for the years ended December 31, 2024, prior to adopting disclosure requirements under ASU 2023-09, Improvements to Income Tax Disclosures (in thousands):
| 2024
Loss before income taxes | $ | (30,244) |
Income tax benefit computed at the statutory rate | (6,351) |
State income taxes-net of federal tax benefit | 35 |
Foreign tax rate differential | (474) |
Foreign currency adjustment | 1 |
GILTI inclusion | 404 |
Meals | 43 |
Stock compensation | 146 |
Other book-tax differences | 286 |
Adjustments to prior periods – temporary differences | 693 |
Rate changes and differentials | (750) |
Change in valuation allowance | 4,058 |
Income tax (benefit) expense | $ | (1,909) |
SCHEDULE OF SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | Following is a supplemental disclosure of cash flow information related to income taxes paid based on the newly adopted disclosure requirements under ASU 2023-09, Improvements to Income Tax Disclosures for the year ended December 31, 2025 (in thousands):
| 2025
US Federal | $ | — |
US State and Local* | $ | 35 |
Foreign |
United Kingdom | 336 |
Netherlands | 877 |
Other Foreign jurisdictions | 108 |
Total Foreign Jurisdictions | $ | 1,321 |
Total | $ | 1,356 |
*The company is not disaggregating the state income taxes due to immateriality of the overall state payments Following is a supplemental disclosure of cash flow information related to income taxes paid for the year ended December 31, 2024, prior to adopting disclosure requirements under ASU 2023-09, Improvements to Income Tax Disclosures (in thousands):
| 2024
Cash paid during the year for Income Taxes | $ | 3,193 |
SCHEDULE OF TAX EFFECTS OF TEMPORARY DIFFERENCES | Tax effects of temporary differences at December 31, 2025 and December 31, 2024 are as follows (in thousands):
Deferred tax assets: | 2025 |  | 2024
Fixed assets | $ | 109 |  |  | $ | 51 |
Allowance for bad debts | 683 |  |  | 1,022 |
Inventory | 365 |  |  | 408 |
R&D amortization | 1,414 |  |  | 1,650 |
Accrued expenses | 61 |  |  | 48 |
Deferred revenue | 6,010 |  |  | 5,960 |
Stock compensation | 145 |  |  | 108 |
Right of use liability | 234 |  |  | 327 |
Other | 191 |  |  | 97 |
Interest expense limitation | 11,236 |  |  | 8,770 |
Net operating loss carry-forwards | 10,271 |  |  | 6,736 |
Deferred tax assets | $ | 30,719 |  |  | $ | 25,177 |
Valuation allowance | (27,574) |  |  | (22,231) |
Deferred tax assets, net | $ | 3,145 |  |  | $ | 2,946 |
Deferred tax liabilities: | 2025 |  | 2024
Intangible assets | (292) |  |  | (2,019) |
Accrued expenses | (1,139) |  |  | (1,277) |
Prepaid expenses | (39) |  |  | (47) |
Right of use asset | (203) |  |  | (353) |
Other | — |  |  | (151) |
Deferred tax liabilities | $ | (1,673) |  |  | $ | (3,847) |
Deferred tax assets (liabilities), net | $ | 1,472 |  |  | $ | (901) |
SCHEDULE OF UNRECOGNIZED TAX BENEFITS | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
Unrecognized tax benefits: | 2025 |  | 2024
Balance as of January 1 | $ | 165 |  |  | $ | 165 |
Additions | — |  |  | — |
Reductions | — |  |  | — |
Balance as of December 31 | $ | 165 |  |  | $ | 165 |

X
- Definition Schedule Of Pretax Income (Loss) + References No definition available. + Details
Name: | boxl_ScheduleOfPretaxIncomeLossTableTextBlock
Namespace Prefix: | boxl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
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 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