Income taxes (Tables)
|
12 Months Ended |
Dec. 31, 2024 |
|---|
| Income Tax Disclosure [Abstract] |
|
| Schedule of Income (loss) Before Income Taxes |
|
|
|
December 31,
|
|
|
|
|
2024
|
|
|
2023
|
|
|
2022
|
|
|
Domestic income (loss)
|
|
$
|
15,004
|
|
|
$
|
9,034
|
|
|
$
|
(62,905
|
)
|
|
Foreign loss
|
|
|
(3,116
|
)
|
|
|
(3,980
|
)
|
|
|
(8,005
|
)
|
|
Total
|
|
$
|
11,888
|
|
|
$
|
5,054
|
|
|
$
|
(70,910
|
)
|
|
| Schedule of Components of Income Taxes |
| |
|
December 31,
|
|
| |
|
2024
|
|
|
2023
|
|
|
2022
|
|
|
Current taxes
|
|
$
|
(10,269
|
)
|
|
$
|
(1,373
|
)
|
|
$
|
(577
|
)
|
|
Deferred taxes
|
|
|
16,627
|
|
|
|
-
|
|
|
|
-
|
|
|
Total
|
|
$
|
6,358
|
|
|
$
|
(1,373
|
)
|
|
$
|
(577
|
)
|
| |
|
December 31,
|
|
| |
|
2024 |
|
|
2023 |
|
|
2022 |
|
|
Domestic
|
|
$
|
6,487
|
|
|
$
|
(1,025
|
)
|
|
$
|
(632
|
)
|
|
Foreign
|
|
|
(129
|
)
|
|
|
(348
|
)
|
|
|
55
|
|
|
Total
|
|
$
|
6,358
|
|
|
$
|
(1,373
|
)
|
|
$
|
(577
|
)
|
|
| Schedule of Deferred Taxes |
|
|
|
December 31,
|
|
|
|
|
2024
|
|
|
2023
|
|
|
Deferred tax assets:
|
|
|
|
|
|
|
|
Net operating loss carryforwards
|
|
$
|
10,015
|
|
|
$
|
12,800
|
|
|
Research and development expenses carryforward
|
|
|
3,200
|
|
|
|
6,624
|
|
|
Accrued and other
|
|
|
2,545
|
|
|
|
1,730
|
|
|
Share-based compensation
|
|
|
14,129
|
|
|
|
10,514
|
|
|
Capped call transaction
|
|
|
5,188
|
|
|
|
- |
|
|
Operating lease liabilities
|
|
|
758
|
|
|
|
903
|
|
|
Acquired Intangible assets
|
|
|
392
|
|
|
|
-
|
|
|
Total deferred tax asset before valuation allowance
|
|
$
|
36,227
|
|
|
$
|
32,571
|
|
|
Valuation allowance
|
|
|
(10,061
|
)
|
|
|
(30,718
|
)
|
|
Total deferred tax asset after valuation allowance
|
|
$
|
26,166
|
|
|
$
|
1,853
|
|
|
Deferred tax liabilities:
|
|
|
|
|
|
|
|
|
|
Operating lease ROU assets
|
|
|
(732
|
)
|
|
|
(853
|
)
|
|
Acquired Intangible assets
|
|
|
(5,244
|
)
|
|
|
(879
|
)
|
|
Accrued and other
|
|
|
(1,495
|
)
|
|
|
(121
|
)
|
|
Total deferred tax liability
|
|
$
|
(7,471
|
)
|
|
$
|
(1,853
|
)
|
|
Net deferred taxes
|
|
$
|
18,695
|
|
|
$
|
-
|
|
|
| Schedule of Theoretical Income Tax Expense to Actual Income Tax Expense |
|
|
|
Year ended December 31,
|
|
|
|
|
2024
|
|
|
2023
|
|
|
2022
|
|
|
Income (loss) before income taxes
|
|
$
|
11,888
|
|
|
$
|
5,054
|
|
|
$
|
(70,910
|
)
|
|
Statutory tax rate
|
|
|
23
|
%
|
|
|
23
|
%
|
|
|
23
|
%
|
|
Theoretical tax benefit (expense)
|
|
|
(2,734
|
)
|
|
|
(1,162
|
)
|
|
|
16,309
|
|
|
Increase (decrease) in effective tax rate due to:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in valuation allowance
|
|
|
15,460
|
|
|
|
15,885
|
|
|
|
(4,491
|
)
|
|
Effect of technological preferred enterprise status (TPE)
|
|
|
1,650
|
|
|
|
-
|
|
|
|
-
|
|
|
Effect of entities with different tax rates
|
|
|
(203
|
)
|
|
|
(51
|
)
|
|
|
(145
|
)
|
|
Non-deductible expenses
|
|
|
(4,607
|
)
|
|
|
(6,296
|
)
|
|
|
(11,840
|
)
|
|
Write-off of NOL due to limitation on utilization
|
|
|
- |
|
|
|
(8,305
|
)
|
|
|
- |
|
|
Uncertain tax provision
|
|
|
(2,532
|
)
|
|
|
(1,111
|
)
|
|
|
(302
|
)
|
|
Other
|
|
|
(676
|
)
|
|
|
(333
|
)
|
|
|
(108
|
)
|
|
Effective income taxes
|
|
$
|
6,358
|
|
|
$
|
(1,373
|
)
|
|
$
|
(577
|
)
|
|
| Schedule of Unrecognized Tax Positions |
|
|
|
December 31,
|
|
|
|
|
2024
|
|
|
2023
|
|
|
Opening balance
|
|
$
|
2,711
|
|
|
$
|
1,433
|
|
|
Decrease related to previous years tax positions
|
|
|
-
|
|
|
|
-
|
|
|
Increase related to previous years tax positions
|
|
|
203
|
|
|
|
251
|
|
|
Increase related to current year tax positions
|
|
|
2,617
|
|
|
|
1,027
|
|
|
Closing balance
|
|
$
|
5,531
|
|
|
$
|
2,711
|
|
|