Income Taxes (FY) (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes [Abstract]

Provision for Income Taxes

The provision for income taxes consists of the following:

	2020			2019			2018
Current:
Federal	$	6		$	44		$	—
State		(14	)		(12	)		(17	)
		(8	)		32			(17	)
Deferred:
Federal		(94	)		(138	)		(72	)
State		(102	)		(54	)		20
		(196	)		(192	)		(52	)
Provision for income taxes	$	(204	)	$	(160	)	$	(69	)

Reconciliation of Federal Income Tax Rate

The difference between the provision for income taxes and the amount computed by applying the statutory federal income tax rate of 21% to loss before income taxes is as follows:

	2020			2019			2018
Statutory rate applied to pre-tax loss	$	3,533		$	4,755		$	3,814
Permanent items		(256	)		(115	)		(79	)
Stock compensation related expenses		449			(274	)		(103	)
State taxes		458			290			1,226
Valuation allowance		(4,462	)		(4,816	)		(4,930	)
Other		74			—			3
Provision for income taxes	$	(204	)	$	(160	)	$	(69	)

Deferred Tax Assets and Liabilities

The significant components of the Company’s deferred tax assets and liabilities are as follows:

	2020			2019
Deferred tax assets:
Compensation and bonuses	$	1,707		$	986
Intangible assets		2,303			2,355
Stock-based compensation		620			375
Accrued expenses and other		863			184
Net operating loss carryforwards		20,242			18,937
Unearned revenue		3,179			2,575
Other carryforwards		30			23
Interest expense limitation		1,652			534
Deferred rent		641			578
Valuation allowance		(24,178	)		(19,717	)
Deferred tax assets, net of valuation allowance	$	7,059		$	6,830
Deferred tax liabilities:
Deferred implementation costs		(2,707	)		(2,624	)
Fixed assets		(2,723	)		(2,953	)
Goodwill		(2,397	)		(1,825	)
Deferred tax liabilities	$	(7,827	)	$	(7,402	)
Total deferred taxes	$	(768	)	$	(572	)