XML 38 R25.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Taxes | The provision for income taxes differs from the amount expected by applying the federal statutory rate to the loss before taxes as follows:
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Federal statutory income tax rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
State income taxes |  |  | 0.7 | % |  |  | (1.9 | %) |  |  | 7.0 | %
Change in valuation allowance |  |  | (25.2 | %) |  |  | (21.5 | %) |  |  | (31.4 | %)
Research tax credits |  |  | 3.8 | % |  |  | 2.7 | % |  |  | 3.6 | %
Other permanent differences |  |  | (0.3 | %) |  |  | (0.3 | %) |  |  | (0.4 | %)
Change in fair value of redeemable convertible preferred stock liability |  |  | 0.0 | % |  |  | 0.0 | % |  |  | 0.2 | %
Provision for income taxes |  |  | 0.0 | % |  |  | 0.0 | % |  |  | 0.0 | %
Schedule of Tax Effects of Temporary Differences and Carryforwards of Deferred Tax Assets | The tax effects of temporary differences and carryforwards of the deferred tax assets are presented below (in thousands):
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 27,324 |  |  | $ | 13,418 |
Research and development credit carryforwards |  |  | 5,939 |  |  |  | 3,813 |
Lease liability |  |  | 1,097 |  |  |  | 1,420 |
Intangible assets |  |  | 1,179 |  |  |  | 1,274 |
Stock-based compensation |  |  | 1,725 |  |  |  | 705 |
Accruals and reserves |  |  | 882 |  |  |  | 505 |
Deferred revenue |  |  | 12,575 |  |  |  | 17,332 |
Gross deferred tax assets |  |  | 50,721 |  |  |  | 38,467 |
Less: Valuation allowance |  |  | (49,575 | ) |  |  | (36,879 | )
Deferred tax assets, net of valuation allowance |  |  | 1,146 |  |  |  | 1,588 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Right-of-use assets |  |  | (825 | ) |  |  | (1,100 | )
Property and equipment |  |  | (321 | ) |  |  | (488 | )
Net deferred tax assets |  | $ | — |  |  | $ | — |
Summary of Activity Related to Company?s Unrecognized Tax Benefits | The following table summarizes the activity related to the Company’s unrecognized tax benefits (in thousands).
Balance as of January 1, 2020 |  | $ | 746 |
Increase related to prior year tax positions |  |  | 2 |
Increase related to current year tax positions |  |  | 153 |
Balance as of December 31, 2020 |  | $ | 901 |
Increase related to prior year tax positions |  |  | 73 |
Increase related to current year tax positions |  |  | 330 |
Balance as of December 31, 2021 |  | $ | 1,304 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=124434304&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration