v3.26.1
Summary of Significant Accounting Policies
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies 2. Summary of Significant Accounting PoliciesChanges to GAAP are established by the Financial Accounting Standards Board (“FASB”) in the form of accounting standards
updates (“ASU”) to the FASB Accounting Standards Codification. The Company considers the applicability and impact of all ASUs.
FUTURE APPLICATION OF ACCOUNTING STANDARDS
Disaggregation of Income Statement Expenses
In November 2024, the FASB issued an ASU to improve the disclosures about a company’s business expenses. The standard
requires disclosure about specific types of expenses, such as depreciation, intangible asset amortization and employee
compensation, included in the expense captions presented on the face of the income statement as well as disclosures about selling
expenses. The standard is effective for public companies for annual periods beginning after December 15, 2026 and interim reporting
periods beginning after December 15, 2027. The standard is allowed to be applied on either a prospective or retrospective basis. We
are assessing the impact of this standard.