Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Effective Tax Rates Reconciliation

The provision of income taxes for the years ended December 31, 2020 and 2019 were as follows:

(Dollars in thousands)	2020			2019
Expected federal income tax benefit	$	(1,934	)	$	(3,390	)
State income taxes after credits		(651	)		(1,141	)
Change in allowance		2,585			4,531
Total provision for income taxes	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax assets and liabilities as of December 31 consisted of the following:

(Dollars in thousands)	2020			2019
Deferred tax assets
Net operating loss carryforwards	$	15,731		$	12,730
Stock-based compensation		887			808
Total deferred tax assets		16,618			13,538
Deferred tax liabilities:
Depreciation and amortization		(1,431	)		(813	)
Total deferred tax liabilities		(1,431	)		(813	)
Valuation Allowance		(15,310	)		(12,725	)
Net deferred tax assets	$	-		$	-