Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Provision

The components of income tax provision consisted of the following:

	For the year ended December 31,
	2022		2021		2020
(In thousands)
Current
Federal	$	—	$	—	$	—
State	110		77		89
Foreign	—		—		—
	110		77		89
Deferred
Federal	—		—		—
State	—		—		—
Foreign	—		—		—
	—		—		—
Income tax provision	$	110	$	77	$	89

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of the income tax benefit computed at the U.S. federal statutory rate of 21% to the Company’s income tax provision is as follows:

	For the year ended December 31,
	2022		2021		2020
(In thousands)
Income tax benefit at the federal statutory rate	$	(10,271)	$	(8,106)	$	(3,019)
State income taxes, net of federal benefit	(625)		(143)		831
Permanent differences for equity compensation	2,604		5,156		2,353
Nondeductible items	53		84		82
Nondeductible compensation	302		1,349		—
Change in valuation allowance	8,047		1,737		(158)
Income tax provision	$	110	$	77	$	89

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities were as follows:

	As of December 31,
(In thousands)	2022		2021
Deferred tax assets
Intangible assets	$	95	$	122
Property and equipment	815		—
Accrued expenses	653		2,602
Deferred revenue	51		13
Allowances, reserves and other	2,796		2,915
Stock-based compensation	8,335		9,592
Section 174 capitalized expenses	1,456		—
Net operating loss and other carryforwards	85,176		77,548
Total deferred tax assets	99,377		92,792
Valuation allowance	(94,103)		(86,659)
Net deferred tax assets	5,274		6,133
Deferred tax liabilities
Deferred revenue	—		—
Property and equipment	—		(544)
Prepaid expenses	(364)		(539)
State taxes	(4,910)		(5,050)
Total deferred tax liabilities	(5,274)		(6,133)
Net deferred taxes	$	—	$	—

Schedule of Changes in Valuation Allowance

The following table summarizes the changes in the valuation allowance:

	For the year ended December 31,
	2022		2021		2020
(In thousands)
Beginning balance	$	86,659	$	84,934	$	85,083
Increase (decrease) to valuation allowance	8,047		1,737		(158)
Decrease due to adoption of ASC 842	(613)		—		—
Other increases (decreases)	10		(12)		9
Ending balance	$	94,103	$	86,659	$	84,934