v3.26.1
Nature of Business and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Accounting Standards Update and Change in Accounting Principle The following table provides a description of accounting standards that are not yet adopted that could have an impact to the consolidated financial statements upon adoption.
Accounting Standard UpdateDescriptionRequired date of adoptionEffect on consolidated financial statements
Accounting Standards Not Yet Adopted
Reporting Comprehensive Income—Expense Disaggregation Disclosures (ASU 2024-03)
This guidance enhances the disaggregated disclosure of income statement expenses.
December 31, 2027
The Company is currently evaluating the impact this guidance may have on the consolidated financial statements.
Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06)This update modernizes the guidance to reflect the software development approaches currently used.December 31, 2028
The Company is currently evaluating the impact this guidance may have on the consolidated financial statements.
Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets (ASU 2025-05)
This update provides a practical expedient that assumes that current conditions as of the balance sheet date do not change for the remaining life of an asset when developing reasonable and supportable forecasts as part of estimating expected credit losses
December 31, 2026
The Company is currently evaluating the impact this guidance may have on the consolidated financial statements and whether the Company will adopt this practical expedient.