Note 8 - Income Taxes |
3 Months Ended |
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Mar. 31, 2025 | |
| Notes to Financial Statements | |
| Income Tax Disclosure [Text Block] |
8. Income Taxes
The Company had an effective tax rate of 26.8% for the three months ended March 31, 2025, and 1062.6% for the three months ended March 31, 2024.
The change in effective tax rates for the three-month period ended March 31, 2025 as compared to the three-month period ended March 31, 2024 was primarily due to the mix of pre-tax income (loss) results by jurisdictions taxed at different rates, the impact of foreign inclusions and stock-based compensation.
The Company continues to evaluate the realizability of its deferred tax assets on a quarterly basis and will adjust such amounts in light of changing facts and circumstances. In making such an assessment, management would consider all available supporting data, including the level of historical taxable income, future reversals of existing temporary differences, tax planning strategies, and projected future taxable income.
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