INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of loss before income taxes by source

The following table reflects Loss before income taxes by source for the years ended December 31, 2020 and 2019 (in thousands):

	Year ended December 31,
	2020		2019
U.S.	$	(45,327)	$	(222,484)
Outside the U.S.	(186)		—
Net loss before income taxes	$	(45,513)	$	(222,484)

Schedule of (benefit from) provision for income taxes

The following table reflects benefit provision for income taxes for the years ended December 31, 2020 and 2019 (in thousands):

	Year ended December 31,
	2020		2019
Current:
Federal	$	(9,100)	$	(1,231)
State	155		1,715
Total current taxes	$	(8,945)	$	484
Deferred:
Federal	$	(7,037)	$	(5,767)
State	(1,387)		—
Total deferred taxes	(8,424)		(5,767)
Total benefit for income taxes	$	(17,369)	$	(5,283)

Schedule of reconciliation of income taxes at the statutory federal income tax rate to the actual tax rate

The following table reflects a reconciliation of income taxes at the statutory federal income tax rate to the actual tax rate included in the Statements of Comprehensive Income for the years ended December 31, 2020 and 2019 (in thousands):

	Year ended December 31,
	2020		2019
Tax at federal statutory rate	$	(9,558)	$	(46,722)
State tax, net of federal benefit	276		(3,845)
Goodwill impairment	3,661		—
Disallowed officers' compensation	818		—
Non-deductible transaction cost	451		—
Non-deductible meals and entertainment	148		129
Stock based compensation	17		2,038
Change in valuation allowance	(13,029)		48,943
Uncertain tax provisions	(190)		(5,758)
Non-deductible other expense	37		5,837
Research credit	—		(138)
Intraperiod tax allocations	—		(5,767)
Total tax benefit	$	(17,369)	$	(5,283)

Schedule of significant components of the Company's deferred tax assets

The following table reflects significant components of the Company’s deferred tax assets are as of December 31, 2020 and 2019 (in thousands):

	December 31,
	2020		2019
Deferred tax assets:
Net operating losses	$	81,471	$	5,885
Tax credit carryforwards	3,360		1,411
Intangible assets	—		82,582
Stock-based compensation	2,999		1,907
Operating lease liabilities	1,248		1,577
Fixed assets	1,315		—
Reserves and other accruals not currently deductible	20,652		9,729
Disallowed interest carryforward	15,496		718
Total deferred tax assets	$	126,541	$	103,809
Valuation allowance for deferred tax assets	(103,906)		(90,820)
	$	22,635	$	12,989
Deferred tax liabilities:
Intangible assets	$	(21,739)	$	—
Convertible debt	(459)		(12,247)
Fixed Assets	—		(109)
Operating lease right-of-use assets	(437)		(633)
Net deferred tax liability	$	—	$	—

Summary of the activity related to the entity's unrecognized tax benefits

The following table reflects activity related to the Company’s unrecognized tax benefits for the years ended December 31, 2020 and 2019 (in thousands):

Unrecognized tax benefits—December 31, 2018	$	16,064
Increases related to current year tax positions	212
Changes in prior year tax positions	(232)
Decreases related to lapse of statutes	(12,011)
Unrecognized tax benefits—December 31, 2019	$	4,033
Increases related to current year tax positions	194
Changes in prior year tax positions	(2)
Decreases related to lapse of statutes	(124)
Unrecognized tax benefits—December 31, 2020	$	4,101