INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The expense for income tax was $0.3 million (-2.0%) and $0.3 million (-1.1%) for the three and six months ended June 30, 2026, respectively. There was no income tax expense for the three and six months ended June 30, 2025, respectively. The increase in income tax expense was primarily related to changes in state income taxes, valuation allowance and non-deductible stock-based compensation expenses. The Company’s effective tax rate for the three and six months ended June 30, 2026 differed from the U.S. statutory rate of 21% primarily due to changes in state income taxes, valuation allowance and non-deductible stock-based compensation expenses.. The Company’s effective tax rate for the three and six months ended June 30, 2025 differed from the U.S. statutory rate of 21% primarily due to changes in valuation allowance.
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