INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of loss before income taxes by source

The following table reflects Net income (loss) before income taxes by source for the years ended December 31, 2022 and 2021 (in thousands):

	Year ended December 31,
	2022		2021
U.S.	$	30,734	$	(574)
Outside the U.S.	432		21
Net income (loss) before income taxes	$	31,166	$	(553)

Schedule of (benefit from) provision for income taxes

The following table reflects (benefit) provision for income taxes for the years ended December 31, 2022 and 2021 (in thousands):

	Year ended December 31,
	2022		2021
Current:
Federal	$	1,023	$	124
State	893		387
Total current taxes	$	1,916	$	511
Deferred:
Federal	$	(61,077)	$	—
State	(19,298)		217
Total deferred taxes	(80,375)		217
Total (benefit) provision for income taxes	$	(78,459)	$	728

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 Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2022 and 2021 (in thousands): 

	Year ended December 31,
	2022		2021
Tax at federal statutory rate	$	6,545	$	(116)
State tax, net of federal benefit	1,358		242
Disallowed officers' compensation	829		207
Stock based compensation	1,998		1,083
Change in valuation allowance	(89,251)		(2,131)
Uncertain tax provisions	198		233
Tax return benefit	—		(63)
Return to provision	(171)		1,247
Other	35		26
Total tax (benefit) provision	$	(78,459)	$	728

Schedule of significant components of the Company's deferred income taxes

The following table reflects significant components of the Company’s deferred income taxes as of December 31, 2022 and 2021 (in thousands): 

	December 31,
	2022		2021
Deferred tax assets:
Net operating losses	$	67,927	$	78,085
Tax credit carryforwards	1,362		2,813
Stock-based compensation	1,529		2,770
Operating lease liabilities	96		545
Reserves and other accruals not currently deductible	22,519		19,800
Disallowed interest carryforward	12,060		15,147
Total deferred tax assets	105,493		119,160
Valuation allowance for deferred tax assets	(12,524)		(101,775)
	$	92,969	$	17,385
Deferred tax liabilities:
Intangible assets	$	(12,554)	$	(16,812)
Convertible debt	—		(228)
Fixed Assets	(180)		(349)
Operating lease right-of-use assets	(33)		(168)
Net deferred tax asset (liability)	$	80,202	$	(172)

Schedule of 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, 2022 and 2021 (in thousands):

Unrecognized tax benefits—December 31, 2020	$	4,101
Increases related to current year tax positions	—
Changes in prior year tax positions	—
Decreases related to lapse of statutes	—
Unrecognized tax benefits—December 31, 2021	$	4,101
Increases related to current year tax positions	—
Changes in prior year tax positions	—
Decreases related to lapse of statutes	—
Unrecognized tax benefits—December 31, 2022	$	4,101