Income Taxes

6 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes

13. Income Taxes

The Company recognized no income tax expense during the three and six months ended June 30, 2022, compared to an income tax benefit of $77,000 and $0.1 million during the three and six months ended June 30, 2021, respectively. The income tax benefit during the three and six months ended June 30, 2021 was due to the tax effect of the reduction in the deferred tax liability associated with the basis differences from IPR&D.

The Company maintains a full valuation allowance against its deferred tax assets due to the Company’s history of losses as of June 30, 2022.