INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) Before Income Taxes by Tax Jurisdiction

Income (loss) before income taxes by tax jurisdiction consists of the following for the periods shown below (in thousands):

	Years Ended December 31,
	2022		2021		2020
United States	$	(27,615)	$	25,181	$	8,738
Foreign	3,997		(14,702)		2,398
Total income (loss)	$	(23,618)	$	10,479	$	11,136

Schedule of Provision for (Benefit from) Current and Deferred Income Taxes

Provision for (benefit from) current and deferred income taxes consists of the following for the periods shown below (in thousands):

	Years Ended December 31,
	2022		2021		2020
Current tax expense:
Federal	$	(422)	$	959	$	945
State	(314)		731		297
Foreign	2,632		396		791
Total current tax expense	$	1,896	$	2,086	$	2,033
Deferred tax expense:
Federal	$	(6,818)	$	1,443	$	(3,045)
State	197		(404)		(748)
Foreign	(1,110)		(3,383)		89
Total deferred tax expense	$	(7,731)	$	(2,344)	$	(3,704)
Income tax benefit	$	(5,835)	$	(258)	$	(1,671)

Schedule of Difference Between the Actual Rate and the Federal Statutory Rate

The difference between the actual rate and the federal statutory rate is as follows:

	Years Ended December 31,
	2022		2021		2020
Statutory rate	21.0	%	21.0	%	21.0	%
Foreign provision	—		0.6		(0.3)
State/province income tax	5.8		4.0		0.1
Stock compensation	8.9		(1.6)		(19.2)
Unrecognized tax benefits	0.9		8.9		—
Other effects of check-the-box election	—		—		(6.2)
Research credit	3.5		(11.0)		(11.5)
Adjustment to carrying value	0.8		1.5		(4.0)
Foreign tax credit	(10.2)		(4.6)		(9.1)
Valuation allowance	(3.6)		3.2		9.0
Foreign-derived intangible income deduction (FDII)	0.3		—		(2.7)
Global intangible low taxed income (GILTI)	(0.5)		—		—
Non-deductible expenses-other	(2.3)		3.4		2.4
Foreign branch income	(3.5)		1.3		4.5
Foreign tax deduction	2.4		—		—
Fair value adjustment on warrants	0.9		(27.9)		—
Other	0.2		(1.3)		1.0
Effective tax rate	24.6	%	(2.5)	%	(15.0)	%

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consist of the following (in thousands):

	December 31,
	2022		2021
Deferred tax assets:
Net operating loss carryforwards	$	8,704	$	10,384
Tax credit carryforwards	3,213		4,929
Accrued liabilities	1,308		785
Stock compensation	4,712		2,221
Charitable contribution	651		697
Deferred rent	—		41
Operating lease assets and lease liabilities, net	181		—
Other	—		89
Total gross deferred tax assets	$	18,769	$	19,146
Less: Valuation allowance	(2,191)		(1,334)
Total deferred tax assets	$	16,578	$	17,812
Deferred tax liabilities:
Intangibles	373		176
Property and equipment	748		10,189
Prepaid expenses	1,031		1,165
Other	457		—
Total deferred tax liabilities	$	2,609	$	11,530
Deferred tax assets (liability), net	$	13,969	$	6,282

Schedule of Deferred Tax Asset Valuation Allowances

The following is a tabular reconciliation of the total amounts of deferred tax asset valuation allowance:

	Years Ended December 31,
	2022		2021		2020
Balance at beginning of period	$	1,334	$	1,002	$	—
Increase	2,191		332		1,002
Decrease	(1,334)		—		—
Balance at end of period	$	2,191	$	1,334	$	1,002

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:

	Years Ended December 31,
	2022		2021		2020
Balance at beginning of period	$	637	$	—	$	—
Increases for tax positions of prior years	313		609		—
Increases for tax positions of current year	—		148		—
Decreases for tax positions of prior years	—		—		—
Settlements	(183)		(120)		—
Decreases for lapses in statute of limitations	(234)		$	—	$	—
Balance at end of period	$	533	$	637	$	—