Income Tax (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Components of Income (Loss) Before Income Taxes From Continuing Operations

The domestic and foreign components of loss before income taxes from operations for the years ended December 31, 2017, 2016 and 2015 are as follows:

	For the Years Ended December 31,
	2017			2016			2015
	(in thousands)
Domestic	$	17,120		$	1,097		$	(11,996	)
Foreign	(469		)	(744		)	(601		)
	$	16,651		$	353		$	(12,597	)

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income tax for the years ended December 31, 2017, 2016 and 2015, consist of the following:

	For the Years Ended December 31,
	2017			2016			2015
	(in thousands)
Federal:
Current	$	—		$	—		$	—
Deferred	7,694			416			(3,868		)
State:
Current	43			3			5
Deferred	269			(380		)	488
Foreign:
Current	—			—			—
Deferred	(129		)	(174		)	(159		)
	7,877			(135		)	(3,534		)
Change in valuation allowance	(14,037		)	138			3,539
Income tax provision (benefit)	$	(6,160	)	$	3		$	5

Schedule of Effective Income Tax Rate Reconciliation

The expected tax expense (benefit) based on the statutory rate is reconciled with actual tax expense (benefit) as follows:

	For the Years Ended December 31,
	2017		2016		2015
U.S. Federal statutory rate	34.0	%	34.0	%	34.0	%
State rate, net of federal benefit	2.8	%	7.8	%	1.3	%
Permanent differences:
Change in tax rate	16.4	%	(113.0	)%	—	%
Impact of tax reform	(16.4	)%	—	%	—	%
Deferred tax adjustment	(0.3	)%	(19.1	)%	—	%
Stock based compensation	0.1	%	28.9	%	(1.1	)%
Foreign tax rate difference	0.3	%	19.3	%	(0.4	)%
Fair value measurement of warrants	(4.5	)%	—	%	—	%
Other	(1.6	)%	3.0	%	—	%
Change in valuation allowance	(67.9	)%	40.0	%	(33.9	)%
Income tax provision (benefit)	(37.1	)%	0.9	%	(0.1	)%

Schedule of Deferred Tax Assets and Liabilities

The approximate tax effects of temporary differences, which give rise to significant deferred tax assets and liabilities, areas follows:

	As of December 31,
	2017			2016			2015
	(in thousands)
Deferred tax assets
Net operating losses	$	3,912		$	10,032		$	9,666
Stock-based compensation	572			949			890
Intangible assets	2,190			3,748			3,752
Other	115			77			50
Total deferred tax assets	6,789			14,806			14,358
Valuation allowance	(462		)	(14,497		)	(14,358		)
Deferred tax asset, net of valuation allowance	6,327			309			—
Deferred tax liability	(126		)	(309		)	—
Net deferred tax assets	$	6,201		$	—		$	—