Income Taxes (Table)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the expected tax computed at the U.S. statutory federal income tax rate to the total benefit for income taxes for the years ended December 31, 2021 and 2020 is as follows:

	For the Year Ended December 31,
	2021			2020
Statutory federal income tax rate		21.0	%		21.0	%
State tax, net of federal benefit		0.7			5.1
Change in fair value of tranche and warrant liabilities		(16.9	)		1.7
Non-deductible expense		(0.1	)		—
R&D credit		(0.3	)		4.1
Rate change		(0.2	)		—
Other		0.1			—
Change in valuation allowance		(4.3	)		(31.9	)
Income tax provision (benefit)		0.0	%		0.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax assets as of December 31, 2021 and 2020 were as follows (in thousands):

	December 31,
	2021			2020
Deferred tax assets:
Net operating loss	$	10,819		$	6,354
R&D credit		1,381			1,681
Stock compensation		263			85
Accruals and other temporary differences		58			—
Gross deferred tax assets		12,521			8,120
Depreciation		(1	)		—
Valuation allowance		(12,520	)		(8,120	)
Deferred tax assets, net of allowance	$	—		$	—