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Income Taxes
9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

12. Income taxes

During the three and nine months ended September 30, 2025 and 2024, the Company recorded a full valuation allowance on federal and state deferred tax assets since there is insufficient evidence that the deferred tax assets are more likely than not realizable. The Company did not have any tax provision for the nine months ended September 30, 2025 and recorded a tax provision of less than $0.1 million for the nine months ended September 30, 2024.

On July 4, 2025, the One Big Beautiful Bill Act, or OBBBA, was signed into law, which includes a broad range of tax reform provisions. The OBBBA made permanent certain provision of the Tax Cuts and Jobs Act of 2017, including 100% bonus depreciation, domestic research cost expensing, and the business interest limitations. The legislation has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. The tax provision for the nine months ended September 30, 2025 was not impacted due to the full valuation allowance on deferred tax assets. The legislation could impact the Company’s annual disclosure of its deferred tax assets depending on elections made for the expensing of capitalized research and development costs.