Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Components of the provision for (benefit from) income taxes

The components of the provision for (benefit from) income taxes were as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Current
Federal	$	—	$	—	$	—
State	22		—		—
Foreign	43		—		—
Deferred
Federal	—		—		—
State	—		—		—
Foreign	(5)		—		—
Total	$	60	$	—	$	—

Loss before income tax

Loss before income taxes was as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
United States	$	(51,777)	$	(40,278)	$	(32,060)
Foreign	147		(143)		—
Total	$	(51,630)	$	(40,421)	$	(32,060)

Reconciliation of effective tax rate

The following reconciles the differences between the federal statutory income tax rate in effect in each year to the Company’s effective tax rate:

	Year Ended December 31,
	2021		2020		2019
Statutory federal tax rate	21.00	%	21.00	%	21.00	%
State tax, net of federal tax effect	2.64		(0.74)		(0.14)
Stock compensation	3.51		(3.49)		(0.11)
Change in valuation allowance	(27.21)		(16.34)		(20.12)
Other	(0.06)		(0.43)		(0.63)
Effective tax rate	(0.12)	%	—	%	—	%

Components of deferred tax assets and liabilities

The components of deferred tax assets and (liabilities) were as follows (in thousands):

	December 31, 2021		December 31, 2020
Deferred tax assets:
Net operating losses	$	41,167	$	28,540
Sales and use tax reserves	195		195
Stock compensation	1,808		711
Compensation related accruals	846		564
Interest expense limitations	527		226
Leases	1,123		—
Other	55		54
Fixed Assets	475		223
Valuation allowance	(40,101)		(26,052)
Total deferred tax assets - net	6,095		4,461
Deferred tax liabilities:
State taxes	(1,193)		(827)
Intangible assets	(528)		(154)
Deferred contract acquisition costs	(4,369)		(3,480)
Total deferred tax liabilities	(6,090)		(4,461)
Net deferred taxes assets (liabilities)	$	5	$	—

Activity of deferred tax asset valuation allowance

Activity of the deferred tax asset valuation allowance was as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Balance at beginning of the year	$	26,052	$	20,537	$	13,093
Charged to costs and expense	14,049		5,515		7,444
Balance at end of the year	$	40,101	$	26,052	$	20,537