Income Taxes |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Taxes | |
| Income Taxes | 16. Income Taxes The Company recorded income tax expense of $44 thousand and $92 thousand during the three months ended September 30, 2026 and 2025, respectively. The Company recorded income tax expense of $292 thousand and $104 thousand during the nine months ended September 30, 2026 and 2025, respectively. The income tax expense for the three and nine months ended September 30, 2026 was primarily attributable to current tax incurred in foreign jurisdictions. The Company has not changed its overall conclusion with respect to the need for a valuation allowance against its net deferred tax assets in the United States, which remain fully reserved. Except for a few service entities mainly in Europe, all deferred tax assets are offset by a full valuation allowance because it is more likely than not that the tax benefits of the net operating loss carryforwards and other deferred tax assets will not be realized. As of September 30, 2026, the Company’s Netherlands subsidiary maintains a full valuation allowance on its deferred tax assets that will not be realized. |