Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes

Schedule of net deferred tax assets

	2019		2018
Federal net operating losses	$	3,445	$	3,840
State net operating losses		972		1,300
Stock based compensation		860		552
Federal and state tax credits		1,254		366
Capitalized research and development costs		8,288		—
Accrued expense		432		203
Total gross deferred tax assets		15,251		6,261
Less: valuation allowance		(15,251)		(6,261)
Net deferred tax assets	$	—	$	—

Schedule of reconciliation between the effective tax rate and the federal statutory rate

	2019		2018
Federal Statutory Rate	21.0	%	21.0	%
Stock based compensation	(1.4)		(2.2)
Federal and state credits	2.7		1.6
State Taxes	5.0		6.3
Change in valuation allowance	(27.3)		(26.5)
Other	-		(0.2)
Effective Tax Rate	0.0	%	0.0	%