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v3.23.1

Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Taxes |
Schedule of statutory federal income tax rate to the provision (benefit) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ | ​ | 2022 | ​ | 2021 | ​
Income tax (benefit) provision at federal statutory rate | ​ | 21.0 | % | ​ | 21.0 | % | ​
State income tax, net of federal benefit | ​ | 7.2 | ​ | ​ | 3.5 | ​ | ​
Valuation allowance | ​ | 188.6 | ​ | ​ | (26.2) | ​ | ​
Research credits | ​ | 1.2 | ​ | ​ | 2.5 | ​ | ​
Provision to tax return | ​ | - | ​ | ​ | (1.0) | ​ | ​
Transaction costs | ​ | (3.3) | ​ | ​ | - | ​ | ​
Change in fair value of warrant liabilities | ​ | 11.9 | ​ | ​ | - | ​ | ​
Section 382 limitation adjustment attributes | ​ | (225.1) | ​ | ​ | - | ​ | ​
Other | ​ | (1.5) | ​ | ​ | 0.2 | ​ | ​
Effective tax rate | ​ | - | % | ​ | - | % | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
Schedule of Loss before provision for taxes | Loss before provision for taxes for the years ended December 31, 2022 and 2021 consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | 2022 | ​ | 2021 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss before Income taxes: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic | ​ | $ | (14,559) | ​ | $ | (14,954) | ​
Foreign | ​ | ​ | 592 | ​ | ​ | (330) | ​
​ | ​ | $ | (13,967) | ​ | $ | (15,284) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
Schedule of components of income tax provision (benefit) | The components of income tax provision (benefit) consisted of the following for the years ended December 31, 2022 and 2021:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | 2022 | ​ | 2021 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax Provision (Benefit): | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic | ​ | $ | — | ​ | $ | — | ​
Foreign | ​ | ​ | — | ​ | ​ | — | ​
Total current tax provision (benefit) | ​ | ​ | — | ​ | ​ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic | ​ | ​ | 26,183 | ​ | ​ | (3,932) | ​
Foreign | ​ | ​ | 148 | ​ | ​ | (81) | ​
Total deferred tax provision (benefit) | ​ | ​ | 26,331 | ​ | ​ | (4,013) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in valuation allowance - Domestic | ​ | ​ | (26,183) | ​ | ​ | 3,932 | ​
Change in valuation allowance - Foreign | ​ | ​ | (148) | ​ | ​ | 81 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total tax provision (benefit) | ​ | $ | — | ​ | $ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
Schedule of deferred tax assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | 2022 | ​ | 2021 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Federal and state operating loss carryforwards | ​ | $ | 370 | ​ | $ | 19,904 | ​
Foreign operating loss carryforwards | ​ | ​ | 176 | ​ | ​ | 324 | ​
Acquired intangibles | ​ | ​ | 3,095 | ​ | ​ | 1,683 | ​
Stock-based compensation | ​ | ​ | 467 | ​ | ​ | 276 | ​
Lease liability | ​ | ​ | - | ​ | ​ | 17 | ​
Capitalized R&D Costs | ​ | ​ | 278 | ​ | ​ | 7,023 | ​
Other | ​ | ​ | 16 | ​ | ​ | 44 | ​
Research and development credit carryforwards | ​ | ​ | 26 | ​ | ​ | 1,483 | ​
​ | ​ | ​ | 4,428 | ​ | ​ | 30,754 | ​
Valuation allowance - Domestic | ​ | ​ | (4,252) | ​ | ​ | (30,410) | ​
Valuation allowance - Foreign | ​ | ​ | (176) | ​ | ​ | (324) | ​
Total deferred tax assets, net of valuation allowance | ​ | ​ | - | ​ | ​ | 20 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​
ROU asset | ​ | ​ | - | ​ | ​ | (18) | ​
Other | ​ | ​ | - | ​ | ​ | (2) | ​
Net deferred tax assets | ​ | $ | — | ​ | $ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​

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- 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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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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 https://asc.fasb.org/extlink&oid=121826272&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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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