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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The following are the domestic and foreign components of our (loss) income before income taxes (in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Domestic | $ | (49,383) |  |  | $ | (119,195) |  |  | $ | 25,272 |
Foreign | 1,710 |  |  | (420) |  |  | (12,947) |
Total (loss) income before income taxes | $ | (47,673) |  |  | $ | (119,615) |  |  | $ | 12,325 |
Schedule of Components of Income Tax Expense (Benefit) | The details for the provision for (benefit from) for income taxes by jurisdiction are as follows (in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Current |  |  |  |  |
Federal | $ | 647 |  |  | $ | (194) |  |  | $ | 846 |
State | 1,143 |  |  | 760 |  |  | 243 |
Foreign | 63 |  |  | 78 |  |  | 15 |
Total current provision | 1,853 |  |  | 644 |  |  | 1,104 |
Deferred |  |  |  |  |
Federal | 1,142 |  |  | (9,605) |  |  | 2,322 |
State | (1,935) |  |  | (1,990) |  |  | (997) |
Foreign | — |  |  | — |  |  | — |
Total deferred provision | (793) |  |  | (11,595) |  |  | 1,325 |
Total provision for (benefit from) income tax | $ | 1,060 |  |  | $ | (10,951) |  |  | $ | 2,429 |
Schedule of Effective Income Tax Rate Reconciliation | The provision for (benefit from) income taxes for December 31, 2022, 2021, and 2020, differed from the amounts computed by applying the U.S. Federal income tax rate of 21% to (loss) income before income taxes as a result of the following (in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
(Benefit from) provision for income taxes at statutory rate | $ | (10,012) |  |  | $ | (25,120) |  |  | $ | 2,588 |
State income taxes, net of federal benefit | (1,424) |  |  | (2,309) |  |  | (891) |
Rate differential on foreign earnings | (104) |  |  | (68) |  |  | (1,217) |
Research and development credits | (1,346) |  |  | (887) |  |  | (1,340) |
Change in valuation allowance | 304 |  |  | 809 |  |  | 5,011 |
Stock-based compensation | 2,021 |  |  | (3,065) |  |  | (2,162) |
Nondeductible stock-based compensation | 10,012 |  |  | 18,267 |  |  | — |
Unrecognized tax benefits | 975 |  |  | 703 |  |  | 978 |
Non-deductible expenses | 630 |  |  | 287 |  |  | (52) |
Other | 4 |  |  | 432 |  |  | (486) |
Total provision for (benefit from) income taxes | $ | 1,060 |  |  | $ | (10,951) |  |  | $ | 2,429 |
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of our deferred tax assets and liabilities consisted of the following as of December 31, 2022 and 2021, (in thousands):
| As of December 31,
| 2022 |  | 2021
Deferred tax assets |  |  |
Deferred revenue | $ | 316 |  |  | $ | 697 |
Accrued expenses | 7,995 |  |  | 5,321 |
Stock-based compensation | 9,293 |  |  | 7,631 |
Impairment on investment | 1,445 |  |  | 1,445 |
Net operating loss carryforwards | 15,117 |  |  | 17,206 |
Tax credit carryforwards | 12,839 |  |  | 12,112 |
Lease liabilities | 2,934 |  |  | — |
Interest expense carryforwards | 6,004 |  |  | 10,851 |
Capital loss carryforwards | 453 |  |  | 452 |
Capitalized research expenses | 6,674 |  |  | — |
Total deferred tax assets | 63,070 |  |  | 55,715 |
Valuation allowance | (14,644) |  |  | (14,170) |
Net deferred tax assets | 48,426 |  |  | 41,545 |
Deferred tax liabilities |  |  |
Depreciation and amortization | (12,780) |  |  | (10,865) |
Right of use asset | (2,900) |  |  | — |
State taxes | (3,366) |  |  | (3,026) |
Net deferred tax liabilities | (19,046) |  |  | (13,891) |
Net deferred tax assets and liabilities | $ | 29,380 |  |  | $ | 27,654 |
Summary of Valuation Allowance | The following table summarizes the valuation allowance:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Beginning balance | $ | 14,170 |  |  | $ | 12,950 |  |  | $ | 7,816 |
Net increase in current year | 91 |  |  | 1,312 |  |  | 4,646 |
Net increase (decrease) in valuation prior period | 383 |  |  | (14) |  |  | 528 |
Net decrease in valuation allowance from acquisitions | — |  |  | (78) |  |  | (40) |
Ending balance | $ | 14,644 |  |  | $ | 14,170 |  |  | $ | 12,950 |
Schedule of Unrecognized Tax Benefits Roll Forward | The following table summarizes the changes in unrecognized tax benefits for the years ended December 31, 2022, 2021, and 2020 (in thousands):
| Gross Unrealized Tax Benefits
Balance at December 31, 2019 | $ | 6,256 |
Additions for tax positions related to the current year | 916 |
Additions for tax positions related to prior years | 59 |
Balance at December 31, 2020 | $ | 7,231 |
Additions for tax positions related to the current year | 887 |
Reductions for tax positions related to prior years | (245) |
Balance at December 31, 2021 | $ | 7,873 |
Additions for tax positions related to the current year | 999 |
Additions for tax positions related to prior years | 48 |
Balance at December 31, 2022 | $ | 8,920 |

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