Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Benefit from Income Taxes

The components of the benefit from income taxes were as follows (in thousands):

	Year Ended December 31,
	2021			2020
Current income taxes:
Federal	$	270		$	—
State		355			150
Total current income taxes		625			150
Deferred income taxes:
Federal		(500	)		(2,334	)
State		(747	)		(442	)
Total deferred income taxes		(1,247	)		(2,776	)
Total benefit from income taxes	$	(622	)	$	(2,626	)

Reconciliation of United States Federal Statutory Rate to Effective Income Tax Rate

A reconciliation of the United States federal statutory rate to the Company’s effective income tax rate is as follows for the years indicated:

	Year Ended December 31,
	2021			2020
U.S. federal statutory rate		21.0	%		21.0	%
Permanent adjustments		(3.8	)%		(0.4	)%
State taxes, net of federal benefit		5.0	%		6.2	%
Stock/equity-based compensation expense		(11.6	)%		6.2	%
Valuation allowance		(4.2	)%		—	%
State rate change		—	%		(4.8	)%
Other adjustments		0.1	%		—	%
Effective income tax rate		6.5	%		28.2	%

Schedule of Components of Deferred Tax Assets and Liabilities

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

	Year Ended December 31,
	2021			2020
Deferred tax assets:
Net operating loss carryforwards	$	9,801		$	12,350
Accrued expenses		3,212			1,466
Stock/equity-based compensation expense		840			115
Deferred transaction costs		237			262
Interest expense carryforward		1,645			1,891
Restructuring liability		317			583
Other		(618	)		116
Total deferred tax assets		15,434			16,783
Valuation allowance		(392	)		—
Total deferred tax assets, net of valuation allowance		15,042			16,783
Deferred tax liabilities:
Amortization		(19,266	)		(22,254	)
Total deferred tax liabilities		(19,266	)		(22,254	)
Net deferred tax liabilities	$	(4,224	)	$	(5,471	)