XML 58 R44.htm IDEA: XBRL DOCUMENT v3.22.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of U.S. Federal statutory tax rate and effective tax rate for financial statement purposes
   December 31,
   2021  2020
US Federal statutory tax rate   21.00%   21.00%
State taxes   3.8%   3.0%
Permanent differences and other   0.1%   0.0%
Debt extinguishment   1.7%   (5.5)%
Derivative liabilities   0.0%   (2.8)%
Debt discount   0.0%   (6.3)%
Prior period adjustments to opening deferred tax   2.2%   0.0%
Stock-based compensation   (2.4)%   0.0%
Change in valuation allowance   (26.4)%   (9.4)%
    0.00%   0.00%

 

Schedule of deferred tax assets and liabilities
   December 31, 
(Dollar Amounts in Thousands)  2021   2020 
Net operating loss carryforward  $12,565   $4,324 
Accruals, reserves, and other   2,529    
 
Stock-based compensation   491    
 
Research and development tax credit carryforward   571    
 
Lease liability   333    
 
Total deferred tax assets   16,489    4,324 
Valuation allowance   (13,852)   (3,077)
Net deferred tax assets  $2,637   $1,247 
Fixed assets   (144)   (24)
Intangible assets   (1,888)   26 
Debt discount   
    (1,249)
Right of use asset   (323)   
 
Deferred commissions   (307)   
 
Total deferred tax liabilities  $(2,662)  $
 
Net deferred tax liabilities  $(25)  $