Income Tax - Summary of Net Deferred Tax Assets (Details) - USD ($) $ in Thousands |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Deferred tax asset | ||
Net operating loss carryforward | $ 22,183 | $ 13,442 |
Research and development tax credits | 11,074 | 3,721 |
Capitalized research and development costs | 46,260 | 33,435 |
Stock-based compensation | 4,396 | 1,857 |
Accrued bonus | 1,090 | 1,924 |
Lease Liability | 1,165 | 953 |
Other | 0 | 26 |
Total deferred tax assets | 86,168 | 55,358 |
Deferred tax liabilities: | ||
Unrealized gain on marketable securities | 0 | 0 |
Right of use asset | (1,036) | (896) |
Other | (9) | 0 |
Total deferred tax liabilities | (1,045) | (896) |
Valuation allowance | (85,123) | (54,462) |
Net deferred tax assets | $ 0 | $ 0 |
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- Definition Amount of deferred tax assets attributable to taxable temporary differences from research and development costs. No definition available.
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- Definition Deferred tax assets lease liability. No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable for incentive compensation awarded to employees and directors or earned by them based on the terms of one or more relevant arrangements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences from provisions, reserves, allowances, and accruals, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from leasing arrangements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains on trading securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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