Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Provision for Income Tax Expense

Loss before provision for income taxes consisted of the following for the periods indicated (in thousands):

	December 31, 2018			December 31, 2019
Domestic	$	(31,609	)	$	(58,718	)
International		(159	)		(42	)
Total	$	(31,768	)	$	(58,760	)

Schedule of Components of Income Tax Provision

The components of the Company’s income tax provision were as follows for the periods indicated (in thousands):

	December 31, 2018		December 31, 2019
Current:
Federal	$	—	$	—
State		3		21
Foreign		52		8
Total current		55		29
Deferred:		—		—
Federal		—		—
State		—		—
Foreign		—		—
Total deferred		—		—
Income tax provision	$	55	$	29

Schedule of Federal Statutory Income Tax Rate Reconciliation

The reconciliation of the Federal statutory income tax provision to the Company’s effective income tax provision is as follows for the periods indicated (in thousands):

	December 31, 2018			December 31, 2019
Income tax benefit at statutory rates	$	(6,666	)	$	(12,339	)
Permanent differences		70			325
Foreign rate differential		14			(4	)
State income taxes, net of federal tax benefit		(1,081	)		(2,034	)
Effect of tax rate change		—			—
Other		441			45
Valuation allowance		7,277			14,036
Total income tax expense	$	55		$	29

Components of Deferred Tax Assets and Liabilities

The Company’s deferred tax assets and liabilities as of the dates indicated were as follows (in thousands):

	December 31, 2018			December 31, 2019
Deferred tax assets:
Sales returns reserve	$	79		$	112
Allowance for doubtful accounts		—			9
Net operating loss carryforwards		14,204			20,286
Stock options		180			8,409
Deferred revenue		12			6
Fixed assets		21			13
Goodwill		—			(12	)
Interest expense limitation		574			1,109
Other		97			(729	)
Less: valuation allowances		(15,167	)		(29,203	)
Net deferred tax assets		—			—
Deferred tax liabilities:
Foreign currency exchange gain/loss		—			—
Accrued expenses		—			—
Net deferred tax liabilities		—			—
Net deferred tax assets		—			—
Net deferred tax assets (liabilities)	$	—		$	—