Income Taxes |
6 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company’s income tax expense was $0.1 million and $0.3 million for the three and six months ended June 30, 2026, respectively. The Company’s income tax expense was $0.2 million and $0.3 million for the three and six months ended June 30, 2025, respectively. Income tax expense consists primarily of income taxes in the United Kingdom and India. Due to the Company’s history of losses in the United States, a full valuation allowance on all of the Company’s deferred tax assets, including net operating loss carryforwards, deferred expenses, stock compensation and other book versus tax differences, was maintained. The Company’s effective tax rate was (1.58)% and (1.53)% of the loss before income taxes for the three and six months ended June 30, 2026, respectively. The Company’s effective tax rate was (1.98)% and (1.59)% of the loss before income taxes for the three and six months ended June 30, 2025, respectively. The Company’s effective tax rate is mainly affected by tax rates and relative income earned in the United Kingdom and India, state taxes and changes in the valuation allowance.
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