Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022		2021
United States	$	283,988	$	399,941	$	346,244
International	9,993		26,770		8,223
Loss before income taxes	$	293,981	$	426,711	$	354,467

Schedule of Components of Income Tax Expense (Benefit)

The benefit of income taxes on continuing operations for the years ended December 31, 2023, 2022 and 2021 consist of the following (in thousands):

	December 31,
	2023		2022		2021
U.S. Federal
Current	$	—	$	—	$	—
Deferred	620		1,351		2,082
State and local
Current	(116)		—		—
Deferred	145		315		599
Foreign
Current	—		—		—
Deferred	230		—		—
Income tax benefit	$	879	$	1,666	$	2,681

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,
	2023		2022		2021
Federal rate	21.00	%	21.00	%	21.00	%
State income taxes, net of federal benefit	2.57		0.07		0.17
Other nontaxable of nondeductible items	(0.05)		—		—
Stock-based compensation	(1.33)		(0.67)		(2.25)
Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes	—		(0.08)		0.16
Amortization of debt discount	—		(0.67)		—
Foreign rate differential	0.14		0.34		0.13
Effect of changes in tax laws or rates enacted in the current period	(0.83)		—		—
Change in valuation allowance	(21.73)		(18.94)		(18.99)
Other	0.53		(0.66)		0.54
Income tax benefit	0.30	%	0.39	%	0.76	%

Schedule of Deferred Tax Assets and Liabilities

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

	December 31,
	2023		2022
Deferred tax assets:
Net operating losses	$	366,837	$	324,256
Accruals and deferrals	15,115		11,032
Stock-based compensation	16,235		10,225
Interest expense limitation	14,860		13,959
Leasing assets	9,375		9,125
Other	30		49
Total deferred tax assets	422,452		368,646
Less: Valuation allowance	(385,461)		(322,989)
Net deferred tax assets	$	36,991	$	45,657
Deferred tax liabilities:
Intangible assets	$	29,073	$	38,929
Property and equipment	7,688		7,391
Deferred state income tax	—		102
Total deferred tax liabilities	$	36,761	$	46,422
Net deferred tax assets (liabilities)	$	230	$	(765)