Income Taxes (Tables)
|
3 Months Ended |
12 Months Ended |
Mar. 31, 2022 |
Dec. 31, 2021 |
| Income Tax Disclosure [Abstract] |
|
|
| Schedule of expense or (benefit) for income taxes |
|
| |
|
Year
Ended
December 31, |
|
|
Six
Months
Ended
December 31, |
|
|
Year
Ended
June 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2020 |
|
| Income tax |
|
|
|
|
|
|
|
|
|
| Current income taxes |
|
|
|
|
|
|
|
|
|
| U.S.
federal |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30,985 |
|
| U.S.
state |
|
|
5,800 |
|
|
|
200 |
|
|
|
— |
|
| Foreign |
|
|
6,270 |
|
|
|
— |
|
|
|
|
|
| Total
current income taxes |
|
$ |
12,070 |
|
|
$ |
200 |
|
|
$ |
30,985 |
|
| |
|
Year
Ended
December 31, |
|
|
Six
Months
Ended
December 31, |
|
|
Year
Ended
June 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2020 |
|
| Deferred income tax |
|
|
|
|
|
|
|
|
|
| U.S.
federal |
|
$ |
(2,274,295 |
) |
|
$ |
— |
|
|
$ |
— |
|
| U.S.
state |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Total deferred income tax
benefit |
|
$ |
(2,274,295 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
| Schedule of statutory federal income tax rate to actual rates based on income or loss before income taxes |
|
| |
|
Year
Ended
December 31, |
|
|
Six
Months
Ended
December 31, |
|
|
June
30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2020 |
|
| Income tax expense (benefit) attributable to: |
|
|
|
|
|
|
|
|
|
| Federal |
|
$ |
(6,692,267 |
) |
|
$ |
(3,560,998 |
) |
|
$ |
(3,255,706 |
) |
| State,
net of federal benefit |
|
|
(672,148 |
) |
|
|
(553,871 |
) |
|
|
(862,690 |
) |
| Foreign
tax rate differential |
|
|
(138,292 |
) |
|
|
29,617 |
|
|
|
(2,645 |
) |
| Permanent
differences |
|
|
2,428,631 |
|
|
|
1,263,151 |
|
|
|
312,525 |
|
| Rate
change |
|
|
54,295 |
|
|
|
60,220 |
|
|
|
— |
|
| Changes
in valuation allowance |
|
|
3,361,603 |
|
|
|
2,762,081 |
|
|
|
3,884,440 |
|
| Provision
to return adjustment |
|
|
273,489 |
|
|
|
— |
|
|
|
(45,134 |
) |
| Losses
from flow-through entity not subject to tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Deferred
True-Ups |
|
|
(928,743 |
) |
|
|
— |
|
|
|
— |
|
| Other
adjustments |
|
|
51,207 |
|
|
|
— |
|
|
|
195 |
|
| Effective
income tax expense (benefit) |
|
$ |
(2,262,225 |
) |
|
$ |
200 |
|
|
$ |
30,985 |
|
|
| Schedule of deferred tax assets and liability |
| |
|
Preliminary
Fair Value |
|
| Cash |
|
$ |
527 |
|
| Accounts receivable |
|
|
486 |
|
| Prepaid expenses and other current asset |
|
|
261 |
|
| Fixed Assets |
|
|
93 |
|
| Non-compete agreement |
|
|
80 |
|
| Acquired technology |
|
|
1,040 |
|
| Customer relationships |
|
|
13,810 |
|
| Acquired trade name |
|
|
270 |
|
| Goodwill |
|
|
12,543 |
|
| Accounts payable and accrued expenses |
|
|
(826 |
) |
| Deferred tax liabilities |
|
|
(2,642 |
) |
| Deferred revenue |
|
|
(3,300 |
) |
| Net assets acquired |
|
$ |
22,342 |
|
|
| |
|
December
31, |
|
|
December
31, |
|
| |
|
2021 |
|
|
2020 |
|
| Noncurrent deferred tax assets: |
|
|
|
|
|
|
| Employee
compensation |
|
$ |
820,410 |
|
|
$ |
679,106 |
|
| Debt
issuance costs |
|
|
138,778 |
|
|
|
343,612 |
|
| Revenue
recognition |
|
|
105,735 |
|
|
|
— |
|
| Settlement
accrual |
|
|
146,604 |
|
|
|
182,896 |
|
| Fixed
assets |
|
|
242,006 |
|
|
|
831,196 |
|
| Federal
and state net operating loss |
|
|
10,673,908 |
|
|
|
6,337,897 |
|
| Foreign
net operating loss |
|
|
4,904,857 |
|
|
|
2,586,671 |
|
| Other |
|
|
225,340 |
|
|
|
27,410 |
|
| Total
deferred tax assets |
|
$ |
17,257,638 |
|
|
$ |
10,988,788 |
|
| |
|
|
|
|
|
|
|
|
| Noncurrent deferred tax liabilities: |
|
|
|
|
|
|
|
|
| Fixed
assets |
|
|
— |
|
|
|
— |
|
| Intangibles |
|
|
(6,051,459 |
) |
|
|
(2,717,717 |
) |
| Deferred tax liabilities |
|
$ |
(6,051,459 |
) |
|
$ |
(2,717,717 |
) |
| Valuation
allowance |
|
|
(11,881,470 |
) |
|
|
(8,271,071 |
) |
| Deferred
taxes after valuation allowance |
|
$ |
(675,291 |
) |
|
$ |
— |
|
|