INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Reconciliation of Statutory Federal Income Tax

A reconciliation of the statutory federal income taxes to the recorded provision for income taxes from continuing operations is as follows:

	For the Years Ended December 31,
	2024		2023
	(in thousands)
Statutory federal tax expense	$	(19,742)	$	2,627
Effect of state taxes, net of federal benefit	(6,849)		1,134
Effect of state rate and tax law changes	(419)		79
Non-deductible officer’s compensation	645		1,738
Non-deductible employment agreement award	(2,184)		—
Interest carryforward adjustment	—		771
Change in valuation allowance	32,369		1,443
Internal revenue code ("IRC") Section 382 adjustments	762		(404)
Net operating loss ("NOL") expirations	100		203
Uncertain tax positions	3,745		(77)
Return to provision adjustments	704		223
Other	628		207
Provision for income taxes	$	9,759	$	7,944

Schedule of Components of Provision for Income Taxes

The components of the provision for income taxes from continuing operations are as follows:

	For the Years Ended December 31,
	2024		2023
	(in thousands)
Federal:
Deferred	5,244		3,952
State:
Current	1,391		2,796
Deferred	3,124		1,196
Provision for income taxes	$	9,759	$	7,944

Schedule of Components of Deferred Tax Assets and Liabilities

The significant components of the Company’s deferred tax assets and liabilities are as follows:

	As of December 31,
	2024		2023
	(in thousands)
Deferred tax assets:
Allowance for doubtful accounts	$	1,091	$	2,084
Accruals	2,908		3,245
Stock-based compensation	876		615
Net operating loss carryforwards	45,017		57,030
Lease liabilities	7,699		8,084
Interest expense carryforward	28,672		21,977
Other assets	1,027		708
Total deferred tax assets	87,290		93,743
Valuation allowance for deferred tax assets	(33,842)		(1,473)
Total deferred tax asset, net of valuation allowance	53,448		92,270
Deferred tax liabilities:
Intangible assets	(73,004)		(103,349)
Fixed assets	(1,037)		(873)
Right of use assets	(7,518)		(7,748)
Partnership interests	(290)		(283)
Deferred financing costs	(451)		(734)
Other liabilities	(453)		(221)
Total deferred tax liabilities	(82,753)		(113,208)
Deferred tax liabilities, net	$	(29,305)	$	(20,938)

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2024		2023
	(in thousands)
Balance as of January 1	$	575	$	654
Additions for tax positions related to prior years	4,367		—
Deductions for tax positions as a result of the lapse of applicable statutes of limitation	(53)		(79)
Balance as of December 31	$	4,889	$	575