XML 50 R33.htm IDEA: XBRL DOCUMENT v3.22.0.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of federal and state income tax expense
   For the Years Ended
December 31,
 
   2021   2020 
Current        
Federal  $
-
   $
-
 
State   
-
    
-
 
Total current   
-
    
-
 
Deferred          
Federal   (8,918)   (6,211)
State   4,294    (2,439)
Total deferred   (4,624)   (8,650)
Change in valuation allowance   4,624    8,650 
Total income tax expense (benefit)  $
-
   $
-
 

 

Schedule of deferred tax assets and liabilities
    As of
December 31,
 
    2021     2020  
Deferred tax assets:            
Net operating loss carry forwards   $ 23,350     $ 19,371  
Stock option expense     920       443  
Research and development credits     1,551       70  
Operating lease liability     1,564       330  
RSU expense     1,960       1,796  
Other     7       10  
Total deferred tax assets     29,352       22,020  
Valuation allowance     (27,803 )     (21,698 )
Deferred tax assets, net of valuation allowance     1,549       322  
Deferred tax liabilities:                
Operating right-of-use asset     (1,549 )     (322 )
Total deferred tax liabilities     (1,549 )     (322 )
Deferred tax assets, net of valuation allowance and deferred tax liabilities   $
-
    $
-
 

 

Schedule of federal income tax to income before provision for income taxes
   For the Years Ended
December 31,
 
   2021   2020 
U.S. federal statutory rate   (21.0)%   (21.0)%
State taxes, net of federal benefit   (0.6)%   (9.4)%
Research and development credits   (3.3)%   -%
Option expense   1.1%   1.2%
Other   1.2%   1.9%
True-up to prior years return   8.2%   1.8%
State rate change   1.5%   
-
%
Change in valuation allowance   12.9%   25.5%
Effective tax rate   
-
%   
-
%