Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Pre-tax Income

The domestic and foreign components of pre-tax income are as follows:

	Years Ended December 31,
$ in thousands	2021		2020
Domestic	$	(141,536)	$	(7,437)
Foreign	(653)		—
Total loss before tax	$	(142,189)	$	(7,437)

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rate of the provision for income tax differs from the federal statutory rate as follows for the periods indicated:

	Years Ended December 31,
$ in thousands	2021						2020
U.S. federal statutory income tax rate	$	(29,860)	21.0	%			$	(1,562)	21.0	%
State taxes, net of federal benefit	(3,929)		2.8	%			(75)		1.0	%
SAFE instruments remeasurement	18,250		(12.8)	%			—		—	%
Warrant liability remeasurement	1,397		(1.0)	%			—		—	%
Transaction costs	(1,531)		1.1	%			—		—	%
Valuation allowance	15,875		(11.2)	%			1,770		(23.8)	%
Other	(200)		0.1	%			(133)		1.8	%
Income tax expense	$	2	—	%	—	%	$	—	—	%

Schedule of Deferred Tax Assets and Liabilities

The components of the deferred tax assets are as follows for the periods indicated:

	Years Ended December 31,
$ in thousands	2021		2020
Deferred tax assets:
Net operating loss carryforwards	$	21,265	$	5,605
Stock compensation	1,705		158
Operating lease liability	4,896		171
Other	1,662		606
Gross deferred tax assets	29,528		6,540
Less: Valuation allowance	(22,640)		(6,258)
Net deferred tax assets	6,888		282
Deferred tax liabilities:
Depreciation and amortization	(887)		(111)
Right of use asset	(4,824)		(171)
Other	(1,177)		—
Net deferred income taxes	$	—	$	—