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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2023
INCOME TAXES |
Schedule of components of income tax provision | The income tax expense (benefit) attributable to the Company’s loss before income taxes consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022
Current Taxes | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ | $ | — | ​ | $ | —
State | ​ |  | 489 | ​ |  | —
​ | ​ |  | 489 | ​ |  | —
Deferred Taxes | ​ |  |  | ​ |  |
Federal | ​ |  | (5,007) | ​ |  | (4,077)
State | ​ |  | (3,108) | ​ |  | (1,279)
Increase in valuation allowance | ​ |  | 8,775 | ​ |  | 5,325
​ | ​ |  | 660 | ​ |  | (31)
​ | ​ | $ | 1,149 | ​ | $ | (31)
Schedule of effective income tax rate reconciliation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31,
​ | ​ | 2023 | ​ | 2022
Tax Rate Reconciliation |  | Percent | ​ | Amount |  | Percent | ​ | Amount
Federal income tax benefit at U.S. statutory rate |  | 21.0 | % | ​ | $ | (4,988) |  | 21.0 | % | ​ | $ | (3,115)
State taxes, net of federal benefit |  | 11.0 | % | ​ |  | (2,621) |  | 8.6 | % | ​ |  | (1,279)
Change in valuation allowance |  | (36.9) | % | ​ |  | 8,775 |  | (35.9) | % | ​ |  | 5,325
Permanent differences |  | (0.7) | % | ​ |  | 168 |  | (0.5) | % | ​ |  | 77
Credits |  | 0.8 | % | ​ |  | (191) |  | 0.7 | % | ​ |  | (110)
Other |  | — | % | ​ |  | 6 |  | 6.3 | % | ​ |  | (929)
​ |  | (4.8) | % | ​ | $ | 1,149 |  | 0.2 | % | ​ | $ | (31)
Schedule of deferred tax assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | December 31,
​ |  | 2023 |  | 2022
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​
Deferred compensation | ​ | $ | 2,452 | ​ | $ | 1,673
Intangible assets and amortization | ​ |  | 6,071 | ​ |  | 3,972
Net operating loss carry-forwards | ​ |  | 12,158 | ​ |  | 8,364
Accrued expenses | ​ |  | 804 | ​ |  | 603
Credits | ​ |  | 1,152 | ​ |  | 916
Loan Fees | ​ | ​ | 1,269 | ​ | ​ | 1,206
Interest limitation | ​ |  | 4,418 | ​ |  | 1,668
Lease liabilities | ​ | ​ | 12,085 | ​ | ​ | 4,718
Deferred revenues | ​ | ​ | 1,781 | ​ | ​ | 789
Valuation allowance | ​ |  | (23,966) | ​ |  | (15,191)
Other | ​ | ​ | 354 | ​ | ​ | 144
​ | ​ |  | 18,578 | ​ |  | 8,862
Deferred tax liabilities: | ​ |  |  | ​ |  |
Depreciation of fixed assets | ​ |  | (1,777) | ​ |  | (423)
Amortization of indefinite-lived intangibles | ​ |  | (5,621) | ​ |  | (4,021)
Right-of-use assets | ​ | ​ | (12,033) | ​ | ​ | (4,739)
Other | ​ |  | (831) | ​ |  | (703)
​ | ​ |  | (20,262) | ​ |  | (9,886)
​ | ​ | $ | (1,684) | ​ | $ | (1,024)

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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://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -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://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -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://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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