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Income Tax (FY) (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax [Abstract] |
Net income (loss) before income tax | Net income (loss) before income tax includes the following components:
| ​ | ​ | Successor | ​ | ​ | Predecessor
| ​ | ​ | Year ended December 31, 2021 | ​ | ​ | From June 11, 2020 through December 31, 2020 | ​ | ​ | From January 1, 2020 through June 10, 2020 | ​ | ​ | Year ended December 31, 2019
United States | ​ | ​ | $6,265 | ​ | ​ | $(12,917) | ​ | ​ | $(2,729) | ​ | ​ | $10,147
International | ​ | ​ | 35 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
| ​ | ​ | $6,300 | ​ | ​ | $(12,917) | ​ | ​ | $(2,729) | ​ | ​ | $10,147
Income tax provision (benefit) | Income tax provision (benefit) for the year ended December 31, 2021 and the period from June 11, 2020 through December 31, 2020 for the Successor, and for the period from January 1, 2020 through June 10, 2020 and for the year ended December 31, 2019 for the Predecessor, consisted of the following:
| ​ | ​ | Successor | ​ | ​ | Predecessor
| ​ | ​ | Year ended December 31, 2021 | ​ | ​ | From June 11, 2020 through December 31, 2020 | ​ | ​ | From January 1, 2020 through June 10, 2020 | ​ | ​ | Year ended December 31, 2019
Current income tax provision (benefit): | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Federal | ​ | ​ | $4,828 | ​ | ​ | $1,461 | ​ | ​ | $760 | ​ | ​ | $341
State | ​ | ​ | 711 | ​ | ​ | 521 | ​ | ​ | 193 | ​ | ​ | (73)
International | ​ | ​ | 9 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total current tax provision (benefit): | ​ | ​ | 5,548 | ​ | ​ | 1,982 | ​ | ​ | 953 | ​ | ​ | 268
Deferred income tax provision (benefit): | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Federal | ​ | ​ | (4,436) | ​ | ​ | (3,552) | ​ | ​ | (1,304) | ​ | ​ | 2,170
State | ​ | ​ | 124 | ​ | ​ | (388) | ​ | ​ | (264) | ​ | ​ | 3
International | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total deferred tax provision (benefit): | ​ | ​ | (4,312) | ​ | ​ | (3,940) | ​ | ​ | (1,568) | ​ | ​ | 2,173
Total income tax provision (benefit) | ​ | ​ | $1,236 | ​ | ​ | $(1,958) | ​ | ​ | $(615) | ​ | ​ | $2,441
Components of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to portions of deferred tax assets and deferred tax liabilities are as follows:
| ​ | ​ | Successor
| ​ | ​ | December 31,
| ​ | ​ | 2021 | ​ | ​ | 2020
Deferred tax assets: | ​ | ​ |  | ​ | ​ |
Accrued expenses | ​ | ​ | $474 | ​ | ​ | $393
Net operating losses | ​ | ​ | 4 | ​ | ​ | 10
General business credit | ​ | ​ | 300 | ​ | ​ | 421
Deferred rent | ​ | ​ | 47 | ​ | ​ | —
Accrued compensation | ​ | ​ | 282 | ​ | ​ | 591
Deferred revenue | ​ | ​ | — | ​ | ​ | 204
Tax original issue discount | ​ | ​ | 491 | ​ | ​ | 663
Capitalized interest carryforward | ​ | ​ | 195 | ​ | ​ | —
Gross deferred tax assets | ​ | ​ | 1,793 | ​ | ​ | 2,282
Less: Valuation allowance | ​ | ​ | — | ​ | ​ | (78)
Total deferred tax assets | ​ | ​ | 1,793 | ​ | ​ | 2,204
Deferred tax liabilities: | ​ | ​ |  | ​ | ​ |
Intangible assets | ​ | ​ | (22,551) | ​ | ​ | (27,291)
Other | ​ | ​ | (154) | ​ | ​ | (137)
Total gross deferred tax liabilities: | ​ | ​ | (22,705) | ​ | ​ | (27,428)
Net deferred tax liabilities | ​ | ​ | $(20,912) | ​ | ​ | $(25,224)
Tax Credit Carryforwards | Tax credit carryforwards are as follows:
| ​ | ​ | Successor
| ​ | ​ | December 31, 2021
| ​ | ​ | Amount | ​ | ​ | Expiration Years
Tax credits, state | ​ | ​ | 468 | ​ | ​ | Do Not Expire
| ​ | ​ | Successor
| ​ | ​ | December 31, 2020
| ​ | ​ | Amount | ​ | ​ | Expiration Years
Tax credits, state | ​ | ​ | 603 | ​ | ​ | Do Not Expire
Effective Tax Rate on Income (Loss) Before Income Tax And Statutory Tax Rate | The reconciliation between the Company’s effective tax rate on income (loss) before income tax and the statutory tax rate is as follows:
| ​ | ​ | Successor | ​ | ​ | Predecessor
| ​ | ​ | Year ended December 31, 2021 | ​ | ​ | From June 11, 2020 through December 31, 2020 | ​ | ​ | From January 1, 2020 through June 10, 2020 | ​ | ​ | Year ended December 31, 2019
Income tax provision at the federal statutory rate | ​ | ​ | 21.0% | ​ | ​ | 21.0% | ​ | ​ | 21.0% | ​ | ​ | 21.0%
State taxes | ​ | ​ | 9.6% | ​ | ​ | (0.9)% | ​ | ​ | 2.4% | ​ | ​ | 1.4%
Equity compensation | ​ | ​ | 4.4% | ​ | ​ | (0.8)% | ​ | ​ | (1.2)% | ​ | ​ | 2.3%
Transaction costs | ​ | ​ | —% | ​ | ​ | (4.7)% | ​ | ​ | (0.7)% | ​ | ​ | —%
Foreign derived intangible income deduction | ​ | ​ | (11.0)% | ​ | ​ | 2.1% | ​ | ​ | 9.8% | ​ | ​ | (2.4)%
CARES Act | ​ | ​ | —% | ​ | ​ | —% | ​ | ​ | (6.5)% | ​ | ​ | —%
Change in valuation allowance | ​ | ​ | (1.2)% | ​ | ​ | (0.6)% | ​ | ​ | —% | ​ | ​ | —%
Other items | ​ | ​ | (3.2)% | ​ | ​ | (0.9)% | ​ | ​ | (2.2)% | ​ | ​ | 1.8%
| ​ | ​ | 19.6% | ​ | ​ | 15.2% | ​ | ​ | 22.6% | ​ | ​ | 24.1%
Unrecognized Tax Benefits | The following table summarized the activity related to the gross unrecognized tax benefits as of December 31, 2021 and for the period from June 11, 2020 through December 31, 2020 for the Successor, and for the period from January 1, 2020 and June 10, 2020 and as of December 31, 2019 for the Predecessor:
| ​ | ​ | Successor | ​ | ​ | Predecessor
| ​ | ​ | Year ended December 31, 2021 | ​ | ​ | From June 11, 2020 through December 31, 2020 | ​ | ​ | From January 1, 2020 through June 10, 2020 | ​ | ​ | Year ended December 31, 2019
Balance at the beginning of the year | ​ | ​ | $232 | ​ | ​ | $171 | ​ | ​ | $149 | ​ | ​ | $128
Increase related to current year tax positions | ​ | ​ | 109 | ​ | ​ | 61 | ​ | ​ | 22 | ​ | ​ | 21
Balance at end of the year | ​ | ​ | $341 | ​ | ​ | $232 | ​ | ​ | $171 | ​ | ​ | $149

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