XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.19.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Taxes | The provision for income taxes for the Company consists of the following for the periods ended December 31, 2018 and 2017:
|  | December 31, 2018 |  |  | December 31, 2017 |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | — |  |  | $ | — |
State |  |  | — |  |  |  | — |
Total current expense |  |  | — |  |  |  | — |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 1,900 |  |  |  | 1,308 |
State |  |  | 679 |  |  |  | 468 |
Change in valuation allowance |  |  | (2,579 | ) |  |  | (1,776 | )
Total deferred expense |  |  | — |  |  |  | — |
Total Provision |  | $ | — |  |  | $ | — |
Schedule of Deferred Tax Assets | The significant components of the Company’s deferred tax assets as of December 31, 2018 and 2017 are as follows:
|  | December 31, 2018 |  |  | December 31, 2017 |
Net operating losses |  | $ | 3,968 |  |  | $ | 1,610 |
Stock-based expenses |  |  | 233 |  |  |  | 102 |
Accruals and other |  |  | 154 |  |  |  | 64 |
Total deferred tax assets |  |  | 4,355 |  |  |  | 1,776 |
Valuation allowance |  |  | (4,355 | ) |  |  | (1,776 | )
Net deferred tax assets |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Statutory Federal Tax Rate | A reconciliation of the statutory federal tax rate to effective tax rate is shown below:
|  | Year ended December 31, 2018 |  |  | Period from April 27, 2017 (inception) through December 31, 2017 |
Benefit at statutory rate |  |  | (21.0)% |  |  |  | (34.0)% |
Permanent items (primarily warrants and stock compensation) |  |  | 6.0 |  |  |  | 4.4 |
State tax benefit |  |  | (5.3) |  |  |  | (5.5) |
Federal rate change |  |  | — |  |  |  | 10.2 |
Other items |  |  | — |  |  |  | — |
Establishment of valuation allowance |  |  | 20.3 |  |  |  | 24.9 |
Income tax expense |  |  | —% |  |  |  | —% |

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