Income taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income taxes

Schedule of Loss before the income tax benefit

Loss before the income tax benefit consists of the following;

	2019		2018
U.S.	$	(108,644)	$	(19,369)
Foreign		(126,421)		1,171
Total loss before income tax provision	$	(235,065)	$	(18,198)

Schedule of Income tax (benefit) expense

Income tax (benefit) expense is summarized as follows:

	December 31,		December 31,
	2019		2018
Current:
Federal	$	—	$	—
State		—		—
Foreign		316		81
		316		81
Deferred:
Federal		—		—
State		—		—
Foreign		(8,611)		(255)
		(8,611)		(255)
Income tax (benefit) expense	$	(8,295)	$	(174)

Schedule of reconciliation of the provision for income taxes at the U.S. federal statutory rate (21%) to the foreign income tax rate

The following is a reconciliation of the provision for income taxes at the U.S. federal statutory rate (21%) to the foreign income tax rate for the years ended:

	December 31,		December 31,
	2019		2018
Tax expense at statutory rate federal	21	%	21	%
Foreign income tax rate difference	1	%	—
Transaction costs	—		(7)	%
Compensation	—		(6)	%
GILTI	—		(1)	%
Non-operating gain on stock acquisition	—		8	%
Goodwill Impairment	(11)	%	—
Change in valuation allowance	(7)	%	(15)	%
Other	—		1	%
	4	%	1	%

Schedule of The tax effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities

The tax effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities are as follows:

	2019		2018
Deferred tax attributable to:
Net operating losses	$	55,859	$	31,928
Share-based compensation expense		666		302
Accrued liabilities and allowances		1,287		257
Fixed Assets		188		—
ROU lease liability		288		—
Other		69		66
Less: valuation allowance		(55,561)		(29,812)
Total deferred tax assets		2,796		2,741
Deferred tax liabilities attributable to:
Intangible assets		(1,976)		(10,003)
ROU Asset		(194)		—
Deferred revenue		(626)		(1,124)
Total deferred tax liabilities		(2,796)		(11,127)
Net deferred tax liabilities	$	—	$	(8,386)