Annual report [Section 13 and 15(d), not S-K Item 405]

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)

v3.25.4
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Amount    
U.S. federal statutory tax rate $ (12,531) $ (40,828)
State and local income taxes, net of federal income tax effect 26 60
Interest and penalties 3,722 3,201
Effect of cross-border tax laws    
Foreign branch inclusions (1,885) (35,996)
Tax credits    
Foreign tax credits 0 (166)
Nontaxable or nondeductible items    
Other 113 981
Other adjustments 250 291
Effective tax rate $ 4,087 $ (11,306)
Percent    
U.S. federal statutory tax rate 21.00% 21.00%
State and local income taxes, net of federal income tax effect 0.00% 0.00%
Interest and penalties (0.063) (0.017)
Effect of cross-border tax laws    
Foreign branch inclusions 0.032 0.185
Tax credits    
Foreign tax credits 0.00% (0.10%)
Nontaxable or nondeductible items    
Other (0.20%) (0.50%)
Other adjustments (0.40%) (0.10%)
Effective tax rate (6.80%) 5.80%
Canada    
Amount    
Statutory tax rate difference $ 14 $ 61
Withholding taxes $ 376 $ 0
Percent    
Statutory tax rate difference 0.00% 0.00%
Withholding taxes (0.006) 0
Puerto Rico    
Amount    
Statutory tax rate difference $ (1,230) $ (28,352)
Changes in valuation allowances 2,748 65,638
Withholding taxes $ 0 $ (19,899)
Percent    
Statutory tax rate difference 2.10% 14.60%
Changes in valuation allowances (4.70%) (33.80%)
Withholding taxes 0 0.102
United States    
Amount    
Changes in valuation allowances $ 12,484 $ 43,703
Percent    
Changes in valuation allowances (20.90%) (22.50%)