v3.25.2
Income Taxes
6 Months Ended
Jun. 30, 2025
Income Taxes [Abstract]  
Income taxes

Note 12 — Income taxes

 

As of June 30, 2025 and December 31, 2024, the Company’s deferred tax asset had a full valuation allowance recorded against it. The effective tax rate for the three and six months ended June 30, 2025, were 0.00% and (0.05)%, respectively. The effective tax rate for the three and six months ended June 30, 2024 were 0.00% and (0.06)%, respectively. The effective tax rate differs from the federal and state statutory tax rate of 21.0% primarily due to the valuation allowance on the deferred tax assets.   The Company continues to maintain a full valuation allowance against its deferred tax assets due to historical losses and uncertainty around future taxable income.