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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2021
Schedule of net deferred tax assets

December 31, 

    

2020

    

2021

Reserves and allowances

$

22

$

18

R&D expenses

 

482

 

399

Intangible assets

 

44

 

31

Stock-based compensation

 

134

 

33

Loss carryforward

 

1,551

 

3,322

Deferred tax assets before valuation allowance

 

2,233

 

3,803

Less valuation allowance

 

(2,233)

 

(3,803)

Net deferred tax assets

$

$

Schedule of income tax provision

Year ended
December 31,

    

2019

    

2020

    

2021

Current:

Israel

$

$

$

Foreign

 

146

 

158

 

7

Total current income tax expense

 

146

 

158

 

7

Deferred:

 

  

 

  

 

  

Domestic (Israel)

 

 

 

Foreign

 

 

 

Total deferred income tax expense

 

 

 

Income tax expense

$

146

$

158

$

7

CIK 0001822935 Healthcare Capital Corp  
Schedule of net deferred tax assets

December 31, 

December 31, 

    

2021

    

2020

Deferred tax assets:

Net operating loss carryforward

$

38,737

$

289

Start-up and organizational costs

 

274,984

 

Total deferred tax assets

 

313,721

 

289

Valuation Allowance

 

(313,721)

 

(289)

Net deferred tax assets

$

$

Schedule of income tax provision

December 31, 

December 31, 

    

2021

    

2020

Federal

Current

$

$

Deferred

 

(313,432)

 

(289)

State and Local

 

  

 

  

Current

 

 

Deferred

 

 

Change in valuation allowance

 

313,432

 

289

Income tax provision

$

$

Schedule of reconciliation of the federal income tax rate

December 31, 

December 31, 

 

    

2021

    

2020

 

Statutory federal income tax rate

 

21.0

%  

21.0

%

Change in fair value of warrants

 

(29.3)

%  

0.0

%

Transaction costs allocated to warrant liabilities

 

2.0

%  

0.0

%

Fair value of warrant liability in excess of purchase price paid for Private Placement Warrants

 

1.6

%  

0.0

%

Facilitative Merger Costs

 

1.0

%  

Valuation allowance

 

3.6

%  

(21.0)

%

Income tax provision

 

0.0

%  

0.0

%