Annual report pursuant to Section 13 and 15(d)

Income Tax - Deferred Tax Assets and Liabilities (Details)

v3.21.1
Income Tax - Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Net Operating Losses $ 26,496,651 $ 22,278,013
R&D Credits 4,572,049 3,829,550
Stock Compensation 1,931,784 878,094
Contingent Consideration 668,994 854,129
Lease Liability (99,761) 9,950
Other Accrued Expenses   20,797
Deferred tax assets 33,569,717 27,870,533
Deferred tax liabilities:    
Intangible Assets (29,781)  
Property, plant and equipment, primarily due to differences in depreciation (1,347,399) (1,347,399)
Other Accrued Expenses (69,882) (91,764)
Deferred tax liabilities (1,447,062) (1,439,163)
Valuation allowance (32,484,566) (26,793,281)
Net deferred tax assets (liabilities) $ (361,911) $ (361,911)