TAX EXPENSE (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consisted of the following for the years ended December 31, 2021 and 2020.

	Year Ended December 31,
Current:	2021	2020
Federal	108	—
State	860	—
Foreign	—	—
Total current tax expense	968	—
	Year Ended December 31,
Deferred:	2021	2020
Federal	1,112	—
State	(277)	—
Foreign	—
Total deferred tax expense	835	—
Total Tax Provision	1,803	—

Schedule of Deferred Tax Assets and Liabilities

The components of deferred income tax assets and (liabilities) are as follows:

	Year Ended December 31,
	2021		2020
Deferred income tax assets:
Options expense	$	—	$	2,871
Depreciation	—		194
Allowance for Doubtful Accounts	—		291
Accrued Expenses	58		—
Net operating Losses	5,010		19,676
Total	5,068		23,032
Deferred income tax liabilities:
Fixed Assets and Intangibles	(11,094)		—
Leases	(96)		—
Unrealized gain on investments	—		(8,658)
Total	(11,190)		14,374
Valuation allowance	—		(14,374)
Net deferred tax assets (liabilities)	$	(6,122)	$	—

The net deferred tax liability as of December 31, 2021 is associated with the Company's continuing operations.

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the Company’s effective tax rate and the statutory tax rate is as follows:

	Year Ended December 31,
	2021		2020
Expected Income Tax  Benefit at Statutory Tax Rate, Net	$	(6,385)	$	(6,151)
Changes in income taxes resulting from:
State taxes (net of federal tax benefits)	9,937		(2,045)
Decrease in valuation allowance	(14,375)		(3,727)
Foreign tax rate differential	—		—
Gain/loss on distinguishment of debt	1,255		—
Non-deductible 280E	5,421		2,683
Goodwill impairment	1,296		5,572
Debt discount	239		—
Passthrough and managed	308		713
RTP adjustments and other	4,107		613
Reported income tax expense (benefit)	$	1,803	$	—