Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The Company’s net loss before provision for income taxes for the years ended December 31, 2021, 2020, and 2019 was as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Domestic	$	(211,844)	$	(69,102)	$	(40,616)
Foreign	30,365		15,823		13,126
Total	$	(181,479)	$	(53,279)	$	(27,490)

Schedule of Components of the Provision for Income Taxes

The components of the provision for income taxes for the years ended December 31, 2021, 2020, and 2019 were as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Current:
Domestic	$	2,876	$	(12)	$	11
Foreign	9,547		6,387		4,563
Deferred:
Domestic	—		—		(194)
Foreign	(1,907)		(2,360)		(745)
Total provision for income taxes	$	10,516	$	4,015	$	3,635

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation of the federal statutory income tax rate to the Company’s effective tax rate for the years ended December 31, 2021, 2020, and 2019:

	Year Ended December 31,
	2021		2020		2019
Federal income tax	21.0	%	21.0	%	21.0	%
State taxes, net of federal benefit	—		—		3.2
Stock-based compensation	2.1		(17.1)		(0.2)
Change in valuation allowance	(25.4)		(11.8)		(32.8)
Earnings from foreign subsidiaries	(0.5)		(1.3)		(3.9)
Other items	(3.0)		1.6		(0.5)
Total provision for income taxes	(5.8)	%	(7.6)	%	(13.2)	%

Schedule of Deferred Tax Assets and Liabilities

The components of the Company’s net deferred tax assets as of December 31, 2021 and 2020, were as follows (in thousands):

	December 31,
	2021		2020
Deferred tax assets:
Net operating loss carryforwards	$	78,077	$	36,702
Foreign tax credit carryforwards	4,955		4,955
Stock-based compensation	9,643		—
Accruals and Reserves	6,584		5,433
Depreciation and amortization	1,633		354
Allowance for uncollectible accounts	66		1,383
Total deferred tax assets	100,958		48,827
Less: valuation allowance	(89,903)		(41,111)
Deferred tax assets, net of valuation allowance	11,055		7,716
Deferred tax liabilities:
Commissions	(4,771)		(3,323)
Net deferred tax assets	$	6,284	$	4,393

Schedule of Unrecognized Tax Benefits

The following table presents a reconciliation of the beginning and ending amount of the unrecognized tax benefits (in thousands):

	Year Ended December 31,
	2021
Unrecognized gross tax benefits at the beginning of the period	$	—
Increases related to prior year tax positions	1,269
Decreases related to prior year tax positions	—
Reversal of prior year unrecognized tax benefits	—
Increases in current year unrecognized benefits	958
Unrecognized gross tax benefits at the end of the period	$	2,227