Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Income taxes (Tables)

v3.22.1
Income taxes (Tables)
 12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
The components of the net loss before the provision for income taxes for the years ended December 31, 2019, 2020 and 2021 were as follows:
December 31,
2019 2020 2021
Domestic $ (19,014) $ (23,959) $ (69,245)
Foreign 1,765  2,603  1,247 
Total net loss $ (17,249) $ (21,356) $ (67,998)
Schedule of Components of Income Tax Expense (Benefit)
The provision for income taxes for the years ended December 31, 2019, 2020 and 2021 was as follows:
December 31,
2019 2020 2021
Current:
Domestic $ —  $ —  $ 11 
Foreign 272  375  569 
Total current income tax expense 272  375  580 
Deferred:
Domestic —  —  — 
Foreign 186  265  401 
Total deferred income tax expense 186  265  401 
Total provision for income taxes $ 458  $ 640  $ 981 
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the Company’s theoretical income tax expense to actual income tax expense for the years ended December 31, 2019, 2020 and 2021 is as follows:
December 31,
2019 2020 2021
Tax Rate Tax Rate Tax Rate
Theoretical tax benefit $ (3,967) 23  % $ (4,912) 23  % $ (15,640) 23  %
Increase (decrease) in effective tax rate due to:
Change in valuation allowance 3,863  (23) 4,283  (20) 13,598  (20)
Effect of entities with different tax rates 11  0  68  0  125  0 
Non-deductible expenses 564  (3) 1,294  (6) 2,439  (4)
Change in tax reserve for uncertain tax positions 60  0  60  0  101  0 
Other (73) 0  (153) 0  358  (1)
Total effective income taxes $ 458  (3) % $ 640  (3) % $ 981  (2) %
Schedule of Deferred Tax Assets and Liabilities
The following table presents the significant components of the Company’s deferred tax assets and liabilities:
December 31,
2019 2020 2021
Deferred tax assets:
Net operating loss carryforwards $ 25,632  $ 29,824  $ 41,699 
Research and development expenses and other 4,348  4,817  7,995 
Accruals and reserves 557  1,068  1,553 
Share-based compensation 119  265  669 
Issuance costs —  —  2,368 
Other —  —  97 
Gross deferred tax assets 30,656  35,974  54,381 
Valuation allowance (29,983) (34,266) (51,417)
Total deferred tax assets $ 673  $ 1,708  $ 2,964 
Deferred tax liabilities:
Intangible assets —  —  (3,342)
Deferred contract acquisition costs (736) (2,012) (2,269)
Property and equipment (121) (129) (212)
Other (19) (18) — 
Gross deferred tax liabilities (876) (2,159) (5,823)
Net deferred taxes $ (203) $ (451) $ (2,859)
Schedule of Unrecognized Tax Benefits Roll Forward
The following table shows the changes in the gross amount of unrecognized tax benefits as of December 31, 2019, 2020 and 2021.
Unrecognized
Tax
positions
Balance as of January 1, 2019 $ 182 
Increases related to current year tax positions 60 
Balance as of December 31, 2019 242 
Increases related to current year tax positions 60 
Balance as of December 31, 2020 302 
Increases related to current year tax positions 101 
Balance as of December 31, 2021 $ 403