v3.26.1
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
Income taxes
11.
Income taxes

The tax provisions for the three and six months ended June 30, 2026, and 2025 were computed using the estimated effective tax rates applicable to the taxable jurisdictions for the full year. The Company’s tax rate is subject to management’s quarterly review and revision, as necessary. The Company’s effective tax rate was 0% for the three and six months ended June 30, 2026, and 2025. The Company paid no income taxes for the three and six months ended June 30, 2026, and 2025.

The Company records a provision or benefit for income taxes on pre-tax income or loss based on its estimated effective tax rate for the year. Given the Company’s uncertainty regarding future taxable income, the Company maintains a full valuation allowance on its deferred tax assets.