Annual report pursuant to Section 13 and 15(d)

VALUATION AND QUALIFYING ACCOUNTS (Tables)

v3.20.4
VALUATION AND QUALIFYING ACCOUNTS (Tables)
12 Months Ended
Dec. 31, 2020
Valuation And Qualifying Accounts [Abstract]  
Valuation Allowance for Deferred Tax Assets

The Company’s valuation allowance for deferred tax assets for the periods presented were as follows: 

 

 

Valuation Allowance for Deferred Taxes

 

Balance at January 1, 2018

 

$

35,246

 

Additions

 

 

22,005

 

Deductions

 

 

(2,526

)

Balance at December 31, 2018

 

$

54,725

 

Additions

 

 

7,611

 

Deductions

 

 

(1,977

)

Balance at December 31, 2019

 

$

60,359

 

Additions

 

 

144,239

 

Deductions

 

 

(992

)

Balance at December 31, 2020

 

$

203,606