Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes

Schedule of income (loss) before taxes

	2020		2019
U.S. income (loss) before taxes	$	(31,666,084)	$	(18,468,776)
Foreign income (loss) before taxes		—		—
Total income (loss) before taxes	$	(31,666,084)	$	(18,468,776)

Schedule of components of income tax expense

	2020		2019
Statutory U.S. federal rate	$	(6,649,878)	$	(3,878,443)
State income tax net of federal benefit		(1,141,758)		(767,428)
Permanent items		77,747		109,580
Other prior year adjustments		(99,275)		(1,339)
Rate adjustment		(12,921)		65,267
Valuation allowance		7,826,085		4,472,363
Total income tax expense (benefit)	$	—	$	—

Summary of components of deferred tax assets and liabilities

	2020		2019
Net operating loss carryforwards	$	24,923,945	$	18,039,466
Amortizable assets		6,321		7,143
Equity compensation		50,118		77,916
Salaries and wages		1,048,104		151,442
Deferred rent		—		133,387
Deferred revenue		861,120		544,415
Leasehold improvements		611,657		—
Other		303,317		26,535
Total deferred tax assets		27,804,582		18,980,304
Less: valuation allowance		(25,316,127)		(17,490,042)
Net deferred tax asset		2,488,455		1,490,262
Operating lease ROU		(545,045)		—
Fixed assets		(1,943,410)		(1,490,262)
Total deferred tax liabilities		(2,488,455)		(1,490,262)
Net deferred tax assets (liabilities)	$	—	$	—

Schedule of unrecognized tax benefits

Unrecognized Tax Benefits – Beginning	$	239,927
Gross increases – tax positions in prior period		—
Gross decreases – tax positions in prior period		—
Gross increase – current-period tax positions		—
Gross decrease – current-period tax positions		—
Settlements		—
Lapse of statute of limitations		—
Unrecognized Tax Benefits – Ending	$	239,927