INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023 and 2022 were as follows:

	Year ended December 31,
	2023		2022
U.S federal taxes at the statutory rate	21.0	%	21.0	%
State taxes net of federal benefit	(4.2)	%	12.8	%
Section 280E adjustment	(49.3)	%	11.6	%
Stock-based compensation	(0.7)	%	2.2	%
Non-cash interest	(9.4)	%	—	%
FIN 48 reserve	(28.1)	%	19.5	%
Return to Provision adjustments	45.9	%	(48.7)	%
Other	(7.3)	%	8.2	%
Valuation allowance	(96.9)	%	2.0	%
Effective tax rate	(129.0)	%	28.6	%

Schedule of Deferred Tax Assets

The income tax effect of the Company’s loss carryforwards and temporary differences at December 31, 2023 and 2022 were as follows:

	Year ended December 31,
	2023		2022
Deferred tax assets:
Net operating loss carryforwards	$	14,693	6,947
Allowance for doubtful accounts	207		256
Stock compensation	2,434		2,557
Loss on equity investments	8,094		8,602
Goodwill write-offs	115		1,188
Change in fair value of investments	229		616
Lease payments	2,621		525
Reserves	484		225
Other	448		95
Deferred tax liabilities:
Depreciation	(6,925)		(4,758)
Real estate revenue	(2,477)		(500)
Net deferred tax asset	19,923		15,753
Valuation allowance	(19,923)		(15,753)
Total	$	—	$	—

Schedule of Unrecognized Tax Benefits Roll Forward

The Company's gross unrecognized tax benefits for the years ended December 31, 2023 and 2022 were as follows (in thousands):

	Year ended December 31,
	2023		2022
Balance at January 1,	$	4,014	$	—
Additions based on tax positions related to prior years	1,636		4,014
Balance at December 31,	$	5,650	$	4,014