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Income Taxes
3 Months Ended
Mar. 31, 2020
Income Taxes  
Income Taxes

13.  Income Taxes

 

The Company did not record any income tax expense or benefit for the three months ended March 31, 2020 or 2019. The Company has not changed its overall conclusion with respect to the need for a valuation allowance against its net deferred tax assets, which remain fully reserved.

The remaining net deferred tax asset generated from the Company’s net operating loss has been offset by a full valuation allowance because it is more likely than not that the tax benefits of the net operating loss carry forward will not be realized. The Company also recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as a component of income tax expense.