Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Summary of Benefit From Provision for Income Taxes From Continuing Operations

The benefit from for income taxes consists of:

	Year Ended December 31,
(in thousands)	2021		2020		2019
Current income tax:
Federal	$	—	$	—	$	—
State	408		179		182
Foreign	585		(4)		186
	993		175		368
Deferred income tax:
Federal	(9,001)		(3,265)		(3,418)
State	(1,416)		104		(584)
	(10,417)		(3,161)		(4,002)
Benefit from income taxes	$	(9,424)	$	(2,986)	$	(3,634)

Components of (Loss) Income Before Income Taxes

The components of net loss before income taxes for fiscal years 2021, 2020, and 2019 consisted of the following:

	2021		2020		2019
United States	$	(85,391)	$	(39,390)	$	(19,092)
International	168		(158)		(113)
Total net loss before income taxes	$	(85,223)	$	(39,548)	$	(19,205)

Summary of Deferred Tax Liabilities (Assets)

Deferred tax (liabilities) assets are comprised of the following at:

	December 31,
	2021		2020
Deferred tax liabilities:
Subordinated debt	$	(19,998)	$	(6,482)
Indefinite lived intangibles	—		(168)
Operating lease assets	(1,067)		(1,208)
Software development costs	(2,978)		(2,814)
Intangible assets	(21,839)		(281)
Depreciation on property, plant and equipment	(1,490)		(931)
Gross deferred tax liabilities	(47,372)		(11,884)
Deferred tax assets:
Allowances for bad debts and inventory	3,038		3,392
Capitalized inventory costs	223		185
Employee benefit accruals	5,692		2,783
Interest expense limitation under section 163 (j)	4,812		2,798
Operating lease liabilities	1,155		1,208
Federal net operating loss carryforward	42,792		15,719
State net operating loss carryforward	10,353		3,569
Federal and state tax credit carryforwards	11,901		7,549
Other	2,246		944
Gross deferred tax assets	82,212		38,147
Less valuation allowance	(37,157)		(26,431)
Non-current net deferred tax liabilities	$	(2,317)	$	(168)

Schedule of Effective Income Tax Rate Reconciliation

The following table reconciles the Company's effective tax rate from the U.S. federal statutory tax rate of 21% for each of 2021, 2020, and 2019:

	Year Ended December 31,
	2021		2020		2019
Federal statutory tax rate	21.0	%	21.0	%	21.0	%
State taxes, net of federal benefit	1.3		2.8		(4.5)
Nondeductible expenses	(0.8)		(0.2)		(0.3)
Tax credits (including R&D)	1.7		4.5		4.0
Foreign income tax rate differential	(0.5)		—		—
Expired tax credit	—		—		(1.3)
Deferred tax adjustment	—		0.6		(4.8)
Stock based compensation	(0.7)		0.4		1.9
Redemption of notes	—		(2.9)		—
Valuation allowance	(10.7)		(19.6)		3.2
Other	(0.3)		1.0		(0.3)
	11.0	%	7.6	%	18.9	%