Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The components of loss before income taxes for the years ended December 31, 2022 and 2021 are as follows:

	Year Ended December 31,
	2022		2021
United States	$	(49,948)	$	(117,761)
Foreign	(3,875)		(1,173)
Total	$	(53,823)	$	(118,934)

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision for income taxes for the years ended December 31, 2022 and 2021 are as follows:

	Year Ended December 31,
	2022		2021
Current expense:
Federal	$	—	$	—
State	224		8
Foreign	818		181
Total current expense:	$	1,042	$	189
Deferred expense:
Federal	$	—	$	—
State	—		—
Foreign	(2,077)		(516)
Total deferred expense:	$	(2,077)	$	(516)
Total income tax expense	$	(1,035)	$	(327)

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets (liabilities) as of December 31, 2022 and 2021 are as follows:

	December 31,
	2022		2021
Reserves and accruals	$	116	$	310
Investment in Ay Dee Kay, LLC	44,114		41,788
Net operating loss (“NOL”) carryforwards	13,458		11,493
Total Deferred Tax Assets before Valuation Allowance	57,688		53,591
Valuation Allowance	(56,115)		(53,430)
Deferred Tax Assets – net of Valuation Allowance	1,573		161
Fixed Assets	$	(104)	$	(56)
Intangibles	(9,292)		(19,637)
Total Deferred Tax Liabilities	(9,396)		(19,693)
Net Deferred Tax Liabilities	$	(7,823)	$	(19,532)

Summary of Valuation Allowance

Changes in the valuation allowance for deferred tax assets during the years ended December 31, 2022 and 2021, are as follows:

	2022		2021
Valuation Allowance as on January 1st	$	53,430	$	1,040
Increases recorded to tax provision	2,685		52,390
Decreases recorded as a benefit to income tax provision	—		—
Valuation Allowance as on December 31st	$	56,115	$	53,430

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective tax rate for the years ended December 31, 2022 and 2021 are as follows:

	December 31,
	2022		2021
Income tax provision at U.S. statutory federal rate	$	(11,286)	$	(25,509)
State income tax provision, net of federal income tax effect	(5)		(5,891)
Foreign taxes provision	(250)		22
Noncontrolling interest	1,844		6,764
Change in valuation allowance	6,728		24,150
Research and other tax credits	—		(270)
Tax benefits on vested and exercised equity awards	542		404
Partnership/non-taxable income	—		—
GILTI inclusion, net	1,301		—
Other	91		3
Provision for income taxes	$	(1,035)	$	(327)