Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Provision of Income Taxes

The provision of income taxes for the years ended December 31, 2022 and 2021 were as follows:

(Dollars in thousands)	2022			2021
Expected federal income tax benefit	$	(3,190	)	$	(431	)
State income taxes after credits		(1,074	)		(145	)
Change in allowance		4,264			576
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)	2022			2021
Deferred tax assets
Net operating loss carryforwards	$	21,325		$	16,642
Stock-based compensation		895			894
Total deferred tax assets		22,220			17,536
Deferred tax liability
Depreciation and amortization		(2,070	)		(1,650	)
Total deferred tax liability		(2,070	)		(1,650	)
Valuation Allowance		(20,150	)		(15,886	)
Net deferred tax assets	$	-		$	-