Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.20.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Taxes (Tables)  
Deferred Tax Assets

 

2019

 

2018

 

Capitalized start-up costs

 

$

0.4

 

$

0.5

 

Stock-based compensation

 

3.0

 

2.9

 

Partnership basis differences

 

(0.3

)

 

 

Net operating loss carry-forward

 

22.3

 

19.7

 

Research and development tax credits

 

0.3

 

0.2

 

Less: valuation allowance

 

(25.7

)

 

(23.3

)

Total

 

$

 

$

 

Income taxes (benefit)

 

December 31,

 

December 31,

 

2019

 

2018

 

Tax benefit at US federal statutory rates

 

$

(2.2

)

 

$

(3.3

)

Tax benefit at state statutory rates

 

(0.1

)

 

(0.7

)

Tax benefit from federal and state R&D tax credits

 

(0.1

)

 

(0.2

)

Increase (decrease) in valuation allowance

 

2.4

 

4.2

 

Total provision for income tax benefit

 

$

 

$