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Income Taxes
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company did not record a federal or state income tax provision or benefit for the three and six months ended June 30, 2025 and 2024 as it has incurred net losses since inception. In addition, the net deferred tax assets generated from net operating losses are fully offset by a valuation allowance as the Company believes it is not more likely than not that the benefit will be realized.
The Company accounts for the uncertainty in income taxes by utilizing a comprehensive model for the recognition, measurement, presentation and disclosure in financial statements of any uncertain tax positions that have been taken or are expected to be taken on an income tax return. There has been no change in the estimated uncertain tax benefits recorded as of December 31, 2024.
On July 4, 2025, the One Big Beautiful Bill Act, or OBBBA, was signed into law in the United States. The OBBBA includes a broad range of tax reform provisions affecting businesses. The Company is evaluating the full
effects of these tax law changes, but we currently do not expect the OBBBA to have a material impact on the Company’s financial statements in the current year.