Income Taxes (Tables) - EOS ENERGY STORAGE, LLC [Member]

12 Months Ended

Dec. 31, 2019

Schedule of Income tax expense (benefit)

	2019		2018
Current expense (benefit):
U.S. federal	$	—	$	—
U.S. state and local		—		—
Total current income tax (benefit) provision		—		—
Deferred expense (benefit):
U.S. federal	$	—	$	—
U.S. state and local		—		—
Total deferred income tax (benefit) provision		—		—
Total income tax (benefit) provision	$	—	$	—

Schedule of reconciliation of our income tax rate computed using the federal statutory rate to our actual income tax rate

	2019			2018
Income (loss) before income taxes	$	(79,483	)	$	(28,498	)
Statutory U.S. federal income tax (21%)		(16,691	)		(5,985	)
State and local income tax		1,548			768
Disallowed interest expense		11,903			—
Federal R&D credit		(1,002	)		(1,065	)
Valuation allowance		4,215			6,276
Other		27			6
Total income tax expense		—			—
Effective tax rate		0	%		0	%

Schedule of net deferred tax assets

	2019			2018
Deferred tax assets:
NOL carryforwards	$	30,540		$	26,858
Tax credit carryforwards		4,346			4,390
Employee compensation		187			211
Accruals and reserves		543			136
Organizational costs		194			24
Deferred tax assets, gross	$	35,810			31,619
Valuation allowance	$	(34,773	)		(30,558	)
Total deferred tax assets, net	$	1,037		$	1,061
Deferred tax liabilities:
Fixed assets		(1,010	)		(1,061	)
Investment in partnership		(27	)		—
Deferred tax liabilities		(1,037	)		(1,061	)
Total deferred tax asset (liability)	$	—		$	—