v3.25.1
Income Taxes
9 Months Ended
Mar. 31, 2025
Income Taxes  
Income Taxes

18.   Income Taxes

The Company recorded no income tax expense for the three and nine months ended March 31, 2025 and 2024 because the estimated annual effective tax rate was zero. As of March 31, 2025, the Company continues to provide a valuation allowance against its net deferred tax assets since the Company believes it is more likely than not that its deferred tax assets will not be realized.