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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of Deferred Tax Assets | The significant components of the Company’s deferred tax assets and liabilities are comprised of the following:
| As of December 31, |  |
| 2019 |  | 2018
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 31,575,288 |  |  | $ | 6,864,360 |
Capital loss carryforwards | 7,298,052 |  |  | — |
Start-up costs | 11,234,751 |  |  | — |
Accruals and reserves | 166,611 |  |  | 35,645 |
Intellectual property amortization | 555,352 |  |  | 121,694 |
Stock-based compensation expense | 1,123,100 |  |  | 993,234 |
Convertible debt | — |  |  | 498,236 |
Tax credits | 1,926,677 |  |  | 548,399 |
Lease liability | 96,895 |  |  | — |
Total deferred tax assets | 53,976,726 |  |  | 9,061,568 |
Valuation allowance | (53,877,168) |  |  | (9,061,568) |
Deferred tax assets, net of allowance | $ | 99,558 |  |  | $ | — |
Deferred tax liabilities: |  |  |  |  |
Lease ROU asset | (99,558) |  |  | — |
Net deferred tax assets | $ | — |  |  | $ | — |
Schedule of Effective Income Tax Rate Reconciliation | The reconciliation of federal statutory income tax to the Company's provision for income taxes is as follows:
| As of December 31, |  |
| 2019 |  | 2018
Expected provision at statutory rate | 21.0 | % |  | 21.0 | %
State tax - net of federal benefit | 5.3 | % |  | 7.6 | %
Research and development credits | 3.2 | % |  | 2.1 | %
Permanent differences | (8.1) | % |  | (0.8) | %
Other | 2.9 | % |  | 0.0 | %
Change in valuation allowance | (24.3) | % |  | (29.9) | %
Total provision for income taxes | — | % |  | — | %
Summary of Income Tax Contingencies | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
| Amount
Gross unrecognized tax benefits as of December 31, 2018 | $ | — |
Additions for tax positions taken in a prior year | 303,050 |
Additions for tax positions taken in the current year | — |
Reductions for tax positions taken in the prior year due to settlement | — |
Reductions for tax positions taken in the prior year due to statutes lapsing | — |
Gross unrecognized tax benefits as of December 31, 2019 | $ | 303,050 |

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- 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
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- 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
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319 + Details
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