Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.22.0.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of Domestic and Foreign Components of Pre-tax Loss
The domestic and foreign components of pre-tax loss for the years ended December 31, 2021 and 2020 were as follows:
Years Ended December 31,
2021 2020
Domestic $ (9,069) $ (14,954)
Foreign (695) (871)
Loss before income taxes $ (9,764) $ (15,825)
Schedule of Income Tax Expense (Benefit) Differed from Amounts Computed by Applying Statutory Federal Income Tax Rate to Pretax Income (Loss) Income tax expense (benefit) for the years ended December 31, 2021 and 2020 differed from the amounts computed by applying the statutory federal income tax rate of 21% to pretax loss as a result of the following:
Years Ended December 31,
2021 2020
Federal tax at statutory rate 21.0  % 21.0  %
State tax, net of federal tax effect —  — 
R&D credit 0.4  — 
Change in valuation allowance (31.3) (16.6)
Unrealized gain on warrant 8.5  (4.5)
PPP Loan Forgiveness 2.4  — 
Other (1.9) 0.6 
Foreign exchange 0.9  (0.5)
Total tax expense (benefit) —  % —  %
Schedule of Tax Effects of Temporary Differences and Related Deferred Tax Assets and Liabilities
The tax effects of temporary differences and related deferred tax assets and liabilities as of December 31, 2021 and 2020 were as follows:
December 31,
2021 2020
Deferred tax assets:
Depreciation and other $ 257  $ 235 
Net operating loss carryforwards 47,579  43,241 
Research and development tax credits 1,899  1,837 
Accruals and reserves 395  380 
Deferred revenue 377  401 
Stock compensation expense 2,763  2,547 
Lease assets 30  110 
Other 20  37 
Deferred tax liabilities:
Lease liabilities (28) (88)
Prepaid expenses (32) (27)
Less: Valuation allowance (53,260) (48,673)
Net deferred tax asset (liability) $ —  $ — 
Schedule of Reconciliation of Unrecognized Tax Benefits
A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31, 2021 and 2020, were as follows:
Years Ended December 31,
2021 2020
Beginning balances as of January 1, 2021 and 2020 $ 645  $ 637 
Increase of unrecognized tax benefits taken in prior years 1  1 
Increase of unrecognized tax benefits related to current year 22  7 
Ending balances as of January 1, 2021 and 2020 $ 668  $ 645