Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The loss before income taxes on continuing operations includes the following components (in thousands):

	For the Years Ended December 31,
	2022		2021		2020
United States	$	399,941	$	346,244	$	608,950
International	26,770		8,223		102
Loss before income taxes	$	426,711	$	354,467	$	609,052

Schedule of Components of Income Tax Expense (Benefit)

The benefit of income taxes on continuing operations for the years ended December 31, 2022, 2021 and 2020 consist of the following (in thousands):

	December 31,
	2022		2021		2020
U.S. Federal
Current	$	—	$	—	$	—
Deferred	1,351		2,082		7,930
State and local
Current	—		—		—
Deferred	315		599		1,730
Foreign
Current	—		—		—
Deferred	—		—		—
Valuation allowance	—		—		—
Income tax benefit	$	1,666	$	2,681	$	9,660

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal rate on continuing operations to the Company’s effective tax rate on continuing operations is as follows:

	December 31,
	2022		2021		2020
Federal rate	21.00	%	21.00	%	21.00	%
State income taxes, net of federal benefit	0.07		0.17		0.28
Nexway activity and deconsolidation	—		—		(0.40)
Incentive stock options	(0.67)		(2.25)		(0.38)
Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes	(0.08)		0.16		(3.42)
Amortization of debt discount	(0.67)		—		—
Foreign rate differential	0.34		0.13		—
Goodwill impairment	—		—		(5.10)
Change in valuation allowance	(18.94)		(18.99)		(10.27)
Other	(0.66)		0.54		(0.12)
Income tax benefit	0.39	%	0.76	%	1.59	%

Schedule of Deferred Tax Assets and Liabilities

The components of our deferred tax assets are as follows (in thousands):

	December 31,
	2022		2021
Deferred tax assets:
Net operating losses	$	324,256	$	234,542
Accruals and deferrals	11,032		7,812
Stock based compensation	10,225		10,280
Interest expense limitation	13,959		11,945
Leasing assets	9,125		8,881
Other	49		27
Total deferred tax assets	368,646		273,487
Less: Valuation allowance	(322,989)		(219,609)
Net deferred tax assets	$	45,657	$	53,878
Deferred tax liabilities:
Intangible assets	$	38,929	$	47,503
Property and equipment	7,391		8,651
Other	102		155
Total deferred tax liabilities	$	46,422	$	56,309
Net deferred tax liabilities	$	765	$	2,431