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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Components of Income Tax Benefit (Provision)

The components of the Company’s benefit (provision) for income taxes are as follows (in thousands):

			Year ended December 31,
			2021						2020						2019
Current income tax benefit (expense):
Federal			$	(99)					$	(688)					$	—
State			(239)						(517)						(56)
Foreign			(356)						(81)						(49)
			$	(694)					$	(1,286)					$	(105)
Deferred income tax benefit (expense):
Federal			912						(3,161)						2,169
State			(415)						(232)						687
Foreign			371						17						—
			868						(3,376)						2,856
Total benefit (provision) for income taxes			$	174					$	(4,662)					$	2,751

Schedule of Effective Income Tax Rate Reconciliation

			Year ended December 31,
			2021						2020						2019
Statutory rate			21.0		%				21.0		%				21.0		%
State tax*			4.7		%				20.2		%				42.5		%
Research and development (R&D) credit			5.1		%				2.5		%				12.6		%
Rate differentials for controlled foreign corporations (CFCs) and charitable organizations that affect valuation allowance			(1.9)		%				0.6		%				(2.8)		%
Permanent items and others			1.0		%				3.5		%				(11.2)		%
Stock-based compensation - federal			16.5		%				110.1		%				(13.4)		%
Change in valuation allowance - federal			(18.1)		%				—		%				133.2		%
162(m) limitation			(27.0)		%				—		%				—		%
Total			1.3		%				157.9		%				181.9		%

*State taxes include the impact of stock-based compensation expense related to secondary market transactions in 2020

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax assets are as follows (in thousands):

			As December 31,
			2021						2020
Deferred tax assets (liabilities):
NOL carryforwards			$	415					$	275
Tax credit carryforwards			318						81
Accruals and reserves			169						231
Stock-based compensation			2,364						449
Interest expense limitation			245						—
Lease liabilities			591						984
Charitable contributions			525						—
Property and equipment			271						(650)
Capitalized software development costs			(1,524)						(933)
ROU assets			(554)						(935)
Total			2,820						(498)
Less: valuation allowance			(2,450)						—
Deferred tax assets (liabilities), net			$	370					$	(498)

Schedule of Unrecognized Tax Benefits

A reconciliation of the amount of unrecognized tax benefits is as follows for the years ended December 31, 2021 and 2020 (in thousands):

			Year ended December 31,
			2021						2020
Balance as of January 1			$	1,329					$	1,253
Additions based on tax positions related to current year			336						76
Additions based on tax positions of prior year			(9)						—
Balance as of December 31			$	1,656					$	1,329

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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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