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Income Taxes (Tables)
3 Months Ended
Sep. 30, 2022
Income Taxes  
Income Taxes

Nine months ended September 30,

 

2022

 

 

2021

 

Federal statutory rate

 

 

21.0%

 

 

21.0%

Stock-based awards

 

 

0.1

 

 

 

(0.9)

State taxes

 

 

3.6

 

 

 

3.6

 

Impact of uncertain tax positions

 

 

(6.2)

 

 

(1.1)

Valuation allowance

 

 

(20.0

 

 

(34.3)

PPP forgiveness

 

 

-

 

 

 

10.5

 

Other

 

 

(0.1)

 

 

(0.1)

 

 

 

 

 

 

 

 

 

Effective federal income tax rate

 

 

(1.6)%

 

 

(1.3)%