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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

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,
		2022				2021
Current:
U.S. federal		$	(13	)		$	—
State and local			24				12
Foreign			43				218
Total current provision			54				230
Deferred:
U.S. federal			10				(2,203	)
State and local			20				(76	)
Total deferred provision (benefit)			30				(2,279	)
Total tax provision		$	84			$	(2,049	)

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, 2022 and 2021, respectively, are as follows (in thousands):

		For the Years Ended December 31,
		2022				2021
Income taxes at statutory rates		$	(1,802	)		$	(2,549	)
State income tax, net of federal benefit			44				(64	)
Permanent items			52				86
Equity based compensation			298				(364	)
Change in fair value of contingent consideration			—				428
Federal research credits			(374	)			(313	)
Federal return to provision			(1	)			73
Foreign taxes			43				218
Other			77				74
Change in federal valuation allowance			1,747				362
		$	84			$	(2,049	)

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 are as follows (in thousands):

		December 31,
		2022				2021
Deferred tax assets:
Net operating loss carryforwards		$	5,374			$	7,247
Research and AMT credits			3,742				3,365
Stock based compensation			1,891				1,360
Lease liability			611				746
Section 174 R&D Capitalization			2,319				—
Accrued and other			1,100				506
			15,037				13,224
Less valuation allowance			(11,884	)			(9,452	)
Deferred tax assets, net of allowance			3,153				3,772
Deferred tax liabilities:
Fixed assets			(520	)			(449	)
Goodwill			(418	)			(349	)
Right-of-use asset			(556	)			(676	)
Intangible asset			(1,798	)			(2,407	)
Deferred tax liabilities			(3,292	)			(3,881	)
Total deferred tax liabilities		$	(139	)		$	(109	)

We have established a valuation allowance against our net deferred tax assets due to the uncertainty surrounding the

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):

		2022				2021
Beginning unrecognized tax benefits		$	1,217			$	879
Gross increases - tax positions in prior period			(50	)			178
Gross decreases – tax positions in prior period			(9	)			—
Gross increases - current year tax positions			147				123
Purchase accounting			—				37
Ending unrecognized tax benefits		$	1,305			$	1,217

The unrecognized tax benefit amounts are reflected in the determination of the Company’s deferred tax assets. If recognized,

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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 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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