INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Loss before Income Tax Expense (Benefit)

Loss before income tax (benefit), expense consists of the following:

In thousands	December 31, 2021		December 31, 2020
Domestic	$	(36,781)	$	(8,657)
Foreign	(4,533)		—
Loss before income taxes	$	(41,314)	$	(8,657)

Schedule of Components of Income Tax Benefit

The components of the income tax benefit are as follows:

In thousands	December 31, 2021		December 31, 2020
Deferred:
Domestic - Federal	569		—
Foreign	762		—
Deferred income tax benefit	$	1,331	$	—

Schedule of Deferred Tax Assets and Liabilities

As of December 31, 2021 and 2020, the Company’s deferred tax assets and liabilities are as follows:

In thousands	December 31, 2021		December 31, 2020
Deferred Tax Assets
Accrued expenses	$	430	$	63
Right-of-use asset	14,484		2,357
Federal NOL	21,050		10,338
State NOL	2,222		697
Research and development credits	266		354
Valuation allowances	(20,508)		(10,761)
Total deferred tax assets	$	17,944	$	3,048
Deferred Tax Liabilities
Property, plant and equipment	$	522	$	648
Intangibles	12,241		—
Prepaid expenses	133		6
Lease liability	13,495		2,394
Total deferred tax liability	$	26,391	$	3,048
Net deferred tax assets	$	(8,447)	$	—

Schedule of Effective Income Tax Rate Reconciliation

The effective income tax rate differs from the statutory rate as follows:

	2021		2020
Statutory rate	22.00	%	22.00	%
Foreign rate difference	-1.60	%	-1.00	%
Permanent differences	-1.30	%	0.70	%
Research and development credits	0.00	%	-0.90	%
State income tax, net	3.50	%	-1.90	%
Valuation allowance	-23.90	%	-18.90	%
Other	4.20	%	0.00	%
Effective tax rate	2.90	%	0.00	%