Significant accounting policies |
6 Months Ended |
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Jun. 30, 2025 | |
Accounting Policies [Abstract] | |
Significant accounting policies | 2. Significant accounting policies There have been no material changes to the Company’s significant accounting policies as described in its 2024 Form 10-K. Recently issued accounting standards Issued but not yet effective as of June 30, 2025 In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2023-09, Accounting Standards Update 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). The amendment enhances the transparency and decision usefulness of income tax disclosures. ASU 2023-09 is effective for public business entities for annual periods beginning after December 15, 2024. This new pronouncement is not expected to have a material impact on the Company’s consolidated financial statements. Additional accounting pronouncements issued during the three and six months ended June 30, 2025 were either not relevant to the Company or did not impact the Company’s consolidated financial statements. Reclassifications Certain comparative figures have been reclassified to conform to the current year presentation.
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