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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The loss before income taxes on continuing operations includes the following components (in thousands):
| For the Years Ended December 31,
| 2024 |  | 2023 |  | 2022
United States | $ | 178,697 |  |  | $ | 283,988 |  |  | $ | 399,941 |
International | (1,578) |  |  | 9,993 |  |  | 26,770 |
Loss before income taxes | $ | 177,119 |  |  | $ | 293,981 |  |  | $ | 426,711 |
Schedule of Components of Income Tax (Provision) Benefit | The (provision) benefit of income taxes on continuing operations consist of the following (in thousands):
| For the Years Ended December 31,
| 2024 |  | 2023 |  | 2022
U.S. Federal |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | — |
Deferred | — |  |  | 620 |  |  | 1,351 |
State and local |  |  |  |  |
Current | (314) |  |  | (116) |  |  | — |
Deferred | — |  |  | 145 |  |  | 315 |
Foreign |  |  |  |  |
Current | (127) |  |  | — |  | —
Deferred | (218) |  |  | 230 |  |  | —
Income tax (provision) benefit | $ | (659) |  |  | $ | 879 |  |  | $ | 1,666 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the statutory federal rate on continuing operations to the Company’s effective tax rate on continuing operations is as follows:
| December 31,
| 2024 |  | 2023 |  | 2022
Federal rate | 21.00 | % |  | 21.00 | % |  | 21.00 | %
State income taxes, net of federal benefit | 3.48 |  |  | 2.57 |  |  | 0.07 |
Other nontaxable of nondeductible items | (3.46) |  |  | (0.05) |  |  | — |
Stock-based compensation | 0.44 |  |  | (1.33) |  |  | (0.67) |
Effect of cross-border tax laws | (0.54) |  |  | — |  |  | — |
Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes | — |  |  | — |  |  | (0.08) |
Amortization of debt discount | — |  |  | — |  |  | (0.67) |
Foreign rate differential | (0.04) |  |  | 0.14 |  |  | 0.34 |
Effect of changes in tax laws or rates enacted in the current period | (0.32) |  |  | (0.83) |  |  | — |
Change in valuation allowance | (20.13) |  |  | (21.73) |  |  | (18.94) |
Other | (0.82) |  |  | 0.53 |  |  | (0.66) |
Income tax (provision) benefit | (0.39) | % |  | 0.30 | % |  | 0.39 | %
Schedule of Deferred Tax Assets and Liabilities | The components of our deferred tax assets are as follows (in thousands):
| December 31,
| 2024 |  | 2023
Deferred tax assets: |  |  |
Net operating losses | $ | 384,838 |  |  | $ | 366,837 |
Accruals and deferrals | 13,461 |  |  | 15,115 |
Stock-based compensation | 16,984 |  |  | 16,235 |
Interest expense limitation | 18,352 |  |  | 14,860 |
Leasing assets | 9,023 |  |  | 9,375 |
Deferred financing fees | 7,582 |  |  | — |
Other | 39 |  |  | 30 |
Total deferred tax assets | 450,279 |  |  | 422,452 |
Less: Valuation allowance | (420,749) |  |  | (385,461) |
Net deferred tax assets | $ | 29,530 |  |  | $ | 36,991 |
Deferred tax liabilities: |  |  |
Intangible assets | $ | 21,875 |  |  | $ | 29,073 |
Property and equipment | 7,643 |  |  | 7,688 |
Deferred state income tax | — |  |  | — |
Total deferred tax liabilities | $ | 29,518 |  |  | $ | 36,761 |
Net deferred tax assets | $ | 12 |  |  | $ | 230 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
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