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INCOME TAXES
3 Months Ended
Mar. 31, 2025
INCOME TAXES  
INCOME TAXES

NOTE 6—INCOME TAXES

The Company’s effective tax rate for the three months ended March 31, 2025 and 2024 was 37.9% and 6.4%, respectively, based on pretax income and loss of $2.4 million and $3.6 million, respectively. The Company’s effective tax rate for the quarter ended March 31, 2025 was impacted by non-deductible expenses and earnings and losses in certain foreign jurisdictions.