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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Components of Loss Before Provision for Income Taxes

The components of loss before provision for income taxes are as follows for the years ended December 31, 2021, 2020, and 2019:

(in thousands)			December 31, 2021						December 31, 2020						December 31, 2019
Loss before provision for income taxes
United States			$	(45,527)					$	(29,889)					$	(3,573)
Foreign			967						(84)						(7,279)
			$	(44,560)					$	(29,973)					$	(10,852)

(Provision) Benefit for Income Taxes

Our total (provision) benefit for income taxes consists of the following for the years ended December 31, 2021, 2020, and 2019:

(in thousands)			December 31, 2021						December 31, 2020						December 31, 2019
Current:
Federal			$	(185)					$	4,024					$	(425)
State			19						(48)						(148)
Foreign			(392)						(217)						(64)
			(558)						3,759						(637)
Deferred
Federal			(75)						—						(2,686)
State			—						—						(460)
Foreign			(177)						354						108
			(252)						354						(3,038)
			$	(810)					$	4,113					$	(3,675)

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of our effective tax rate to the statutory federal rate of 21% for the years ended December 31, 2021, 2020, and 2019, is as follows:

(in thousands)			December 31, 2021						December 31, 2020						December 31, 2019
Income tax benefit at statutory rate			(21.00)		%				(21.00)		%				(21.00)		%
State income taxes-net of federal provision (benefit)			(5.84)		%				(3.77)		%				6.05		%
Foreign rate differential			0.10		%				0.22		%				(2.21)		%
Stock-based compensation			(1.77)		%				3.83		%				4.61		%
Warrant fair value adjustment			5.01		%				(0.52)		%				2.57		%
Charitable contribution			(0.06)		%				(0.43)		%				(2.57)		%
Return to provision and other			1.67		%				(0.14)		%				(2.45)		%
Benefits provided by the CARES Act			(0.02)		%				(6.22)		%				—		%
Uncertain tax positions			0.66		%				1.16		%				1.64		%
Tax credits			(2.64)		%				(6.93)		%				(4.76)		%
Other			0.39		%				—		%				1.04		%
Valuation allowance			25.33		%				20.08		%				50.95		%
			1.83		%				(13.72)		%				33.87		%

Schedule of Deferred Tax Assets and Liabilities

Significant components of our net deferred tax assets as of December 31, 2021 and 2020, which are included in other assets in the consolidated balance sheets, are as follows:

(in thousands)			December 31, 2021						December 31, 2020
Deferred tax asset:
Inventory			$	2,792					$	1,469
Deferred rent			2,339						1,568
Accruals			1,237						782
Stock-based compensation			1,032						673
Net operating loss carryforwards			9,403						3,903
R&D credits			3,246						1,700
Charitable contributions			2,492						2,269
Intangibles			1,473						—
Deferred revenue			831						406
Advertising			971						740
Intercompany payable			552						552
Other			519						308
Total gross deferred tax assets			26,887						14,370
Less: valuation allowance			(21,607)						(10,319)
Total deferred tax assets			5,280						4,051
Deferred tax liabilities:
Prepaid expenses			(88)						(205)
Depreciation			(5,089)						(3,477)
State taxes			—						(15)
Total deferred tax liabilities			(5,177)						(3,697)
Net deferred tax assets			$	103					$	354

Reconciliation of Total Amounts of Unrecognized Tax Benefits

A tabular reconciliation of the total amounts of unrecognized tax benefits for the year presented is as follows:

(in thousands)			December 31, 2021						December 31, 2020						December 31, 2019
Unrecognized tax benefits - at beginning of year			$	691					$	417					$	124
Increases in balances related to tax positions taken in prior years			23						—						80
Decreases in balances related to tax positions taken in prior years			(63)						(13)						—
Increases in balances related to tax positions taken in current year			614						287						213
Lapses in statutes of limitations			—						—						—
Unrecognized tax benefits - at end of year			$	1,265					$	691					$	417

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