Income Taxes

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

9. Income Taxes

The Company’s provision for income taxes was $9,000 and $19,000 for the three months ended March 31, 2022 and 2021, with an effective tax rate of 0.04% and 0.1% for the three months ended March 31, 2022 and 2021, respectively. The effective tax rate in each period differs from the U.S. statutory tax rate primarily due to the valuation allowances on the Company’s deferred tax assets as it is more likely than not that some or all of the Company’s deferred tax assets will not be realized. The tax expense recorded for the three months ended March 31, 2022 and March 31, 2021, respectively, relates to state taxes.