INCOME TAXES |
3 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | NOTE 16 – INCOME TAXES
No income tax benefit has been recorded for the periods ended June 30, 2026, and 2025, as the Company has incurred operating losses and maintains a full valuation allowance against its net deferred tax assets.
Interim Effective Tax Rate: The Company’s effective tax rate was 0.0% for the three months ended June 30, 2026 and 2025, compared with the U.S. federal statutory income tax rate of 21.0%. The difference between the Company’s effective tax rate and the U.S. federal statutory rate was primarily attributable to the valuation allowance recorded against the Company’s deferred tax assets.
Discrete Items: There have been no discrete items in the period ending June 30, 2026.
Uncertain Tax Positions: There have been no material changes to the total amount of unrecognized tax benefits or our position on uncertain tax standards since June 30, 2026.
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