v3.26.1
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes

Note 10 – Income Taxes

 

For the three months ended June 30, 2026, the Company recognized expense from income taxes of $19,168, representing an effective tax rate of 0.3%. For the six months ended June 30, 2026, the Company recognized expense from income taxes of $19,688, representing an effective tax rate of 0.1%. The Company’s effective tax rate will generally differ from the U.S. Federal statutory rate of 21.0%, primarily due to the full valuation allowance as well as state taxes, permanent items, and discrete items. For the three and six months ended June 30, 2025, the Company recognized expense from income taxes of $12,327 and $24,331, respectively.