v3.25.4
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Taxes  
Schedule of income (loss) before income taxes

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Domestic

 

$4,865

 

 

$1,343

 

Foreign

 

 

506

 

 

 

546

 

 

 

 

 

 

 

 

 

 

Total

 

$5,371

 

 

$1,889

 

Schedule of income tax benefit/(expense)

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Current income taxes:

 

 

 

 

 

 

Federal

 

$-

 

 

$-

 

State and local

 

 

(152)

 

 

(169)

Foreign

 

 

(148)

 

 

(43)

Total current

 

 

(300)

 

 

(212)

 

 

 

 

 

 

 

 

 

Deferred income taxes:

 

 

 

 

 

 

 

 

Federal

 

 

-

 

 

 

-

 

State and local

 

 

-

 

 

 

-

 

Total deferred

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Total income tax benefit/(provision)

 

$(300)

 

$(212)
Schedule of reconciliation of federal statutory income tax rate to our effective income tax rate

 

 

 Year Ended December 31,

 

 

 

 2025

 

 

 2024

 

 

 

 Amount

 

 

 Percent

 

 

 Amount

 

 

 Percent

 

US federal statutory rate

 

 

1,128

 

 

 

21.0%

 

 

397

 

 

 

21.0%

State & local income taxes, net of federal effect (1)

 

 

63

 

 

 

1.2%

 

 

135

 

 

 

7.1%

Foreign tax effects

 

 

24

 

 

 

0.4%

 

 

36

 

 

 

1.9%

Effects of cross-border tax laws

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%

Effect of changes in tax laws or rates

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%

Tax credits

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%

Change in valuation allowances

 

 

1,655

 

 

 

30.8%

 

 

246

 

 

 

13.0%

Nontaxable or nondeductible items

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill impairment

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%

Stock-based compensation

 

 

(2,676)

 

 

(49.8)%

 

 

(595)

 

 

(31.5)%

Other

 

 

106

 

 

 

2.0%

 

 

(7)

 

 

(0.4)%

Changes in unrecognized tax benefits

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%

Other, net

 

 

-

 

 

 

0.0%

 

 

 

 

 

 

0.0%

Total tax expense

 

 

300

 

 

 

5.6%

 

 

212

 

 

 

11.2%
Schedule of net deferred income tax assets and liabilities

 

 

December 31,

 

 

 

2025

 

 

2024

 

Deferred income tax assets:

 

 

 

 

 

 

Accrued expenses

 

$525

 

 

$290

 

Deferred revenue

 

 

556

 

 

 

661

 

Net operating loss carry-forwards

 

 

8,485

 

 

 

5,729

 

Stock-based compensation

 

 

1,096

 

 

 

812

 

Other

 

 

-

 

 

 

14

 

Total deferred tax assets

 

 

10,662

 

 

 

7,506

 

Valuation allowances

 

 

(7,687)

 

 

(5,417)

Net deferred tax assets

 

 

2,975

 

 

 

2,089

 

 

 

 

 

 

 

 

 

 

Deferred tax liabilities:

 

 

 

 

 

 

 

 

Property and equipment

 

 

(7)

 

 

(15)

Prepaid expenses and other

 

 

(1,235)

 

 

(1,028)

Intangible assets

 

 

(1,733)

 

 

(1,046)

Total deferred tax liabilities

 

 

(2,975)

 

 

(2,089)

 

 

 

 

 

 

 

 

 

Net deferred tax assets (liabilities)

 

$-

 

 

$-

 

Schedule of changes in unrecognized tax benefits

Balance as of January 1, 2024

 

$-

 

Reductions due to lapsed statute of limitations

 

 

-

 

Balance as of December 31, 2024

 

 

-

 

Reductions due to lapsed statute of limitations

 

 

-

 

Balance as of December 31, 2025

 

$-

 

Schedule of income tax paid

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Income taxes paid:

 

 

 

 

 

 

Federal

 

$-

 

 

$-

 

State

 

 

314

 

 

 

300

 

Foreign

 

 

47

 

 

 

-

 

Total

 

$361

 

 

$300

 

Schedule of income taxes (net of refunds)

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

U.S. Federal

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

States:

 

 

 

 

 

 

 

 

Kansas

 

 

70

 

 

 

134

 

Texas

 

 

23

 

 

 

19

 

California

 

 

-

 

 

 

16

 

Florida

 

 

30

 

 

 

-

 

Missouri

 

 

30

 

 

 

-

 

New Jersey

 

 

48

 

 

 

-

 

Other

 

 

113

 

 

 

129

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

-

 

 

 

-

 

Other

 

 

47

 

 

 

-

 

 

 

$361

 

 

$298