Income Taxes |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company recorded a provision for income taxes during the six months ended June 30, 2026, of $1.2 million, included in results from discontinued operations, related to the Inpixon sale, discussed below. The income tax provision for the three and six months ended June 30, 2025 was immaterial. The effective tax rate, inclusive of discrete items, was 0.00% and (0.02)% for the six months ended June 30, 2026 and 2025, respectively, which was driven by a combination of permanent adjustments related to partnership income, 162(m) compensation limitations, and acquisition costs and a valuation allowance. The Company evaluated and considered all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance for its deferred tax assets was needed. The deferred tax assets are composed primarily of net operating loss carryforwards. The Company determined that a full valuation allowance against all deferred tax assets was appropriate for the three and six months period ended June 30, 2026 and June 30, 2025.
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