XML 66 R44.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Deferred Tax Assets and Liabilities | Net deferred income tax assets consist of the following components as of December 31, 2023 and 2022:
| As of December 31, |  |
(Amounts in thousands) | 2023 |  | 2022 |  |
Deferred tax assets (liabilities): |  |  |  |  |
Net operating loss carryforwards | $ | 114,028 |  |  | $ | 70,296 |  |  |
Accrued settlements | 5,216 |  |  | — |  |  |
Pass-through equity interests | 8,830 |  |  | — |  |  |
Fair market value adjustments | (12,763) |  |  | — |  |  |
Tax credit carryforwards | 1,643 |  |  | 1,643 |  |  |
Reserves | 3,429 |  |  | 3,352 |  |  |
Stock-based compensation | 2,350 |  |  | 2,843 |  |  |
Depreciation and amortization | (55,130) |  |  | (19,109) |  |  |
Interest expense carryforward | 6,979 |  |  | 8,697 |  |  |
Right of use assets | 442 |  |  | 179 |  |  |
Other | (156) |  |  | 1,452 |  |  |
Total deferred tax assets, net | 74,868 |  |  | 69,353 |  |  |
Less valuation allowance | (74,868) |  |  | (69,353) |  |  |
Net deferred tax assets | $ | — |  |  | $ | — |  |  |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the provision for income taxes with the amounts computed by applying the statutory Federal income tax to income before provision for income taxes is as follows:
| Years Ended December 31,
| 2023 |  | 2022
U.S. federal statutory rate | 21.0 | % |  | 21.0 | %
State taxes, net of federal benefit | 6.4 | % |  | 4.9 | %
Change in fair value of warrant liability | 0.1 | % |  | 1.6 | %
Option and RSU expense | 0.4 | % |  | 0.2 | %
Other | (8.6) | % |  | (1.5) | %
True-up to prior years' return | 7.8 | % |  | 0.8 | %
Change in valuation allowance | (9.2) | % |  | (37.1) | %
Purchase accounting | (17.9) | % |  | 10.1 | %
Effective tax rate | — | % |  | — | %

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration