Income Taxes

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes

14. INCOME TAXES

The Company generated a loss and recognized $966 and $1,010 of tax benefit for the three and nine months ended September 30, 2020, respectively. The Company recognized $80 of tax benefit and $867 of tax expense for the three and nine months ended September 30, 2019, respectively. A reconciliation of income tax benefit is as follows:

	Three Months Ended September 30						Nine Months Ended September 30
	2020			2019			2020			2019
Loss before income taxes	$	(8,287	)	$	(9,057	)	$	(68,799	)	$	(18,693	)
Theoretical tax benefit at the statutory rate (24.1% in 2020, 25.1% in 2019)		(1,997	)		(2,273	)		(16,581	)		(4,692	)
Differences in jurisdictional tax rates		28			(496	)		(192	)		(482	)
Losses utilization		(214	)		116			(214	)		725
Valuation allowance		1,871			2,311			9,169			4,857
Non-deductible expenses		(662	)		262			6,800			459
Other		8			—			8			—
Total income tax (benefit) expense		(966	)		(80	)		(1,010	)		867
Net loss	$	(7,321	)	$	(8,977	)	$	(67,789	)	$	(19,560	)

Income tax benefit is recognized based on the actual income or loss incurred during the three and nine months ended September 30, 2020 and September 30, 2019. The effective tax rate differs from the statutory tax rate due to the recognition of previously unrecognized carried forward tax losses.