v3.25.1
Income Taxes
3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

12. Income Taxes

The Company’s effective tax rate for the three months ended March 31, 2025 and 2024 was (17.5)% and (14.1)%, respectively. The Company's effective tax rate is driven by current federal and state income taxes in taxable jurisdictions and changes in the Company's valuation allowances relative to pretax earnings.