INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Reconciliation of Income Taxes

Reconciliations of the Company’s effective tax rates and the statutory tax rate for the years ended December 31, 2022 and 2021 were as follows:

	Year ended December 31,
	2022		2021
U.S federal taxes at the statutory rate	21.0	%	21.0	%
State taxes net of federal benefit	12.8	%	16.5	%
Section 280E adjustment	11.6	%	14.7	%
Stock-based compensation	2.2	%	10.5	%
FIN 48 reserve	19.5	%	—	%
Return to Provision adjustments	(48.7)	%	(19.8)	%
Other	8.2	%	0.9	%
Valuation allowance	2.0	%	19.5	%
Effective tax rate	28.6	%	63.3	%

Schedule of Deferred Tax Assets

The income tax effect of the Company’s loss carryforwards and temporary differences at December 31, 2022 and 2021 were as follows:

	Year ended December 31,
	2022		2021
Deferred tax assets:
Net operating loss carryforwards	$	6,947	6,981
Allowance for doubtful accounts	256		11,810
Stock compensation	2,557		2,557
Loss on equity investments	8,602		8,633
Goodwill write-offs	1,188		1,263
Change in fair value of investments	616		599
Lease payments	525		171
Reserves	225		148
Other	95		—
Deferred tax liabilities:
Depreciation	(4,758)		(2,520)
Real estate revenue	(500)		(1,000)
Net deferred tax asset	15,753		28,642
Valuation allowance	(15,753)		(28,642)
Total	$	—	$	—

Schedule of Unrecognized Tax Benefits Roll Forward

The Company's gross unrecognized tax benefits for the years ended December 31, 2022 and 2021 were as follows (in thousands):

	Year ended December 31,
	2022		2021
Balance at January 1,	$	—	$	—
Additions based on tax positions related to prior years	4,014		—
Balance at December 31,	$	4,014	$	—