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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Current and Deferred Income Tax Expense

The current and deferred expense is as follows:

	Year Ended December 31,
	2019				2018
Current provision:
Federal	$	—			$	—
State	28				—
Total current provision	28				—
Deferred (benefit) provision:
Federal	(10,299		)		44
State	(4,756		)		21
Total deferred (benefit) provision	(15,055		)		65
Total (benefit) provision for income taxes	$	(15,027	)		$	65

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities were as follows:

	As of December 31,
	2019				2018
Deferred income tax assets:
Net operating losses	$	42,756			$	27,929
Stock compensation	2,430				1,455
Other deferred assets	2,470				2,176
Accrued compensation	1,962				608
Operating lease liabilities	1,274				—
Contingent obligation - imputed interest	199				101
Other, net	12				11
Valuation allowance	(36,972		)		(32,280		)
Total deferred income tax assets	14,131				—
Deferred income tax liabilities:
Intangible amortization	(12,970		)		(15,055		)
Operating lease right-of-use assets	(1,017		)		—
Fixed asset depreciation	(144		)		—
Total deferred income tax liabilities	(14,131		)		(15,055		)
Net deferred income taxes	$	—			$	(15,055	)

Schedule of Effective Income Tax

A reconciliation of the difference between the provision (benefit) for income taxes and income taxes at the statutory U.S. federal income tax rate is as follows:

	As of December 31,
	2019				2018
Income tax at statutory rate	$	(22,063	)		$	(9,828	)
State income taxes, net of Federal benefit	(3,905		)		(3,148		)
California NOL write-off	5,174				—
Revaluation of contingent royalty obligation	1,040				2,938
Meals and entertainment	1,002				17
Change in state tax rate	(1,371		)		—
Stock compensation	521				474
Research and development tax credit	(294		)		(294		)
Promissory note - debt discount	128				105
Other, net	50				—
Valuation allowance	4,691				9,801
Income tax provision (benefit)	$	(15,027	)		$	65

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	As of December 31,
	2019				2018
Beginning balance	$	2,435			$	2,109
Increases to current year tax positions	326				326
Ending balance	$	2,761			$	2,435

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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.

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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.

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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.

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Tabular disclosure of the change in unrecognized tax benefits.

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