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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision (Benefit)

The income tax provision (benefit) is as follows (in thousands):

		For the Years Ended December 31,
		2021				2020
Current:
U.S. federal		$	—			$	—
State and local			12				(2	)
Foreign			218				269
Total current provision			230				267
Deferred:
U.S. federal			(2,203	)			10
State and local			(76	)			(4	)
Total deferred provision (benefit)			(2,279	)			6
Total tax provision		$	(2,049	)		$	273

Schedule of Reconciliation of Income Tax Provision to Statutory Federal Income Tax Rate

Reconciliations of the total income tax provision tax rate to the statutory federal income tax rate of 21% for the years ended December 31, 2021 and 2020, respectively, are as follows (in thousands):

		For the Years Ended December 31,
		2021				2020
Income taxes at statutory rates		$	(2,549	)		$	(631	)
State income tax, net of federal benefit			(64	)			(6	)
Permanent items			86				(20	)
Equity based compensation			(364	)			81
Change in fair value of contingent consideration			428				—
Federal research credits			(313	)			(168	)
Federal return to provision			73				(136	)
Foreign taxes			218				269
Other			74				29
Change in federal valuation allowance			362				855
		$	(2,049	)		$	273

Deferred Income Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, are as follows (in thousands):

		December 31,
		2021				2020
Deferred tax assets:
Net operating loss carryforwards		$	7,247			$	4,741
Research and AMT credits			3,365				2,664
Stock based compensation			1,360				733
Lease liability			746				—
Accrued and other			506				928
			13,224				9,066
Less valuation allowance			(9,452	)			(8,520	)
Deferred tax assets, net of allowance			3,772				546
Deferred tax liabilities:
Fixed assets			(449	)			(344	)
Goodwill			(349	)			(260	)
Right-of-use asset			(676	)			—
Intangible asset			(2,407	)			—
Deferred tax liabilities			(3,881	)			(604	)
Total deferred tax liabilities		$	(109	)		$	(58	)

Summary of Reconciliation of Unrecognized Tax Benefit Activity

The following table summarizes the reconciliation of the unrecognized tax benefits activity during the years ended December 31 (in thousands):

		2021				2020
Beginning unrecognized tax benefits		$	879			$	765
Gross increases - tax positions in prior period			178				36
Gross increases - current year tax positions			123				78
Purchase accounting			37				—
Ending unrecognized tax benefits		$	1,217			$	879

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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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