XML 61 R37.htm IDEA: XBRL DOCUMENT v3.20.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Composition of the income tax (benefit) provision

		December 31,
		2020			2019			2018
Current
Federal		$	—		$	—		$	(1,446)
State			191			12			(331)
Total Current			191			12			(1,777)
Deferred:
Federal			(28,852)			—			—
State			(9,119)			—			—
Total Deferred			(37,971)			—			—
Total provision/(benefit) from Income taxes		$	(37,780)		$	12		$	(1,777)

Reconciliation of the statutory income tax rate to the effective tax rate

		December 31,
		2020			2019			2018
Income tax provision at statutory rate		21	%		21	%		21	%
State income taxes, net of federal benefit		(38)			6			5
Share-based compensation		(100)			56			(2)
Warrant valuation		—			(45)			(10)
Change in valuation allowance		(317)			(35)			13
State rate change		—			—			2
Other		(2)			(3)			(3)
Effective tax rate		(436)	%		—	%		26	%

Components of net deferred tax assets and liabilities

		December 31,
		2020			2019
Deferred tax assets:
Net operating loss carryforwards		$	29,291		$	24,104
Capitalized start‑up costs			11			13
Research and development credits			1,039			1,039
Stock-based compensation			3,241			1,444
Accruals and reserves			4,116			1,416
Operating lease liabilities			2,475			—
Property and equipment			154			103
Intangibles			195			624
Indirect tax			313			—
Total deferred tax assets			40,835			28,743
Valuation allowance			(225)			(28,743)
Deferred tax assets after valuation allowance		$	40,610		$	—
Deferred tax liabilities:
Goodwill			(392)			—
Operating lease right-of-use assets			(2,247)			—
Total deferred tax liabilities			(2,639)			—
Net deferred tax assets		$	37,971		$	—

Reconciliation of unrecognized tax benefits

		December 31,
		2020			2019			2018
Balance at the beginning of the year		$	390		$	397		$	397
Reductions based upon tax positions related to the current year			—			(7)			—
Balance at the end of the year		$	390		$	390		$	397

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 income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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=121610041&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=84230637&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration