Quarterly report pursuant to Section 13 or 15(d)

Income taxes

v3.22.2.2
Income taxes
9 Months Ended
Sep. 30, 2022
Income Tax Disclosure [Abstract]  
Income taxes Income taxesFor the three and nine months ended September 30, 2022, the Company recorded minimal income tax expense and for the three and nine months ended September 30, 2021, the Company recorded no income tax expense. For the three and nine months ended September 30, 2022, the Company's effective tax rate was less than 1% and for the three and nine months ended September 30, 2021, the Company’s effective tax rate was 0%. The Company’s effective tax rate differs from the U.S. federal statutory rate of 21% primarily because the Company’s losses have been fully offset by a valuation allowance due to uncertainty of realizing the tax benefit of net operating losses ("NOLs”) for the nine months ended September 30, 2022 and for the year ended December 31, 2021.