INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | NOTE 14 – INCOME TAXES
For the periods ended June 30, 2026, and June 30, 2025, the Company used a discrete effective tax rate method for recording income taxes, as compared to an estimated full-year annual effective tax rate method, as an estimate of the annual effective tax rate cannot be made.
Provision for Income taxes for the three and six months ended June 30, 2026 was ($520) and ($2,553), resulting in an effective tax rate of (0.0)% and (0.0)%. Provision for Income taxes for the three and six months ended June 30, 2025 was $1,000 and $11,000, resulting in an effective tax rate of 0.0% and 0.02%. The provision for income taxes was primarily impacted by pretax book income, permanent differences, and by the change in valuation allowance on deferred tax assets.
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