Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

The components of loss before taxes for the years ended December 31, 2021 and 2020 are as follows:


	2021		2020
United States	$	(63,143,175)	$	(29,879,368)
International	(11,966,772)		(2,482,408)
Total	$	(75,109,947)	$	(32,361,776)

The income tax expense components for the years ended December 31, 2021 and 2020 are as follows:


	2021		2020
Current tax expense
Federal	$	—	$	—
Foreign	—		—
State	58,416		30,964
Deferred tax expense
Federal	—		—
Foreign	—		—
State	—		—
Income tax expense	$	58,416	$	30,964

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax assets and liabilities as of December 31, 2021 and December 31, 2020 are as follows:


	2021		2020
Deferred tax assets:
Net operating loss carryforwards	$	17,865,584	$	5,849,989
Allowance for uncollectible accounts	6,171,512		2,822,803
Equity based compensation	3,273,873		773,546
Lease liability	50,408		31,855
Startup costs	10,517		10,857
Accruals	328,154		1,722,143
Nondeductible interest	945,153		—
Other	290,029		144,194
Total net deferred tax assets	28,935,230		11,355,387
Valuation allowance	(28,842,025)		(11,227,262)
Deferred tax liabilities:
Depreciation and amortization	(36,457)		(93,439)
Equity based compensation	(356)		(1,664)
Right-of-use asset	(56,392)		(33,022)
Total net deferred tax liabilities	(93,205)		(128,125)
Net deferred tax asset (liability)	$	—	$	—

Schedule of federal income tax rate

A reconciliation of the Company’s provision for income taxes at the federal statutory rate to the reported income tax provision for the years ended December 31, 2021 and 2020 are as follows:


	2021		2020
Computed "expected" tax benefit	(21.0)	%	(21.0)	%
State income tax benefit, net of federal tax effect	(2.6)		(1.7)
Nondeductible equity based compensation	1.2		0.1
Other permanent differences	0.3		—
Change in valuation allowance	23.5		23.4
Foreign rate differentials and other	(1.3)		(0.7)
Income tax expense	0.1	%	0.1	%