v3.25.2
SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

12.SUBSEQUENT EVENTS

Quarterly Cash Dividend

On July 24, 2025, the Company’s Board declared a dividend of $0.05 per share which is expected to be payable on August 29, 2025, to stockholders of record as of the close of business on August 15, 2025. The ex-dividend date is expected to be on or around August 14, 2025. The dividend will be paid in cash.

On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was enacted into U.S. law. The Company is evaluating its impact, including potential changes to deferred tax assets and liabilities and the effective tax rate. The financial effect of OBBBA cannot be made at this time. In accordance with ASC 740, any potential impact resulting from the evaluation, will be reflected in the third quarter of 2025.