XML 85 R73.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Effective Income Tax Rate Reconciliation, Amount [Abstract]    
Computed Federal income tax benefit (expense) at the statutory rate $ 6,908,000 $ 7,602,000
R&D credits 837,000 698,000
Equity-based expenses 2,366,000 (63,000)
State income taxes, net of federal benefit 3,272,000 1,783,000
State net operating loss carryforward true up 0 154,000
Change in statutory rates 813,000 163,000
Other (1,017,000) 39,000
Valuation allowance (13,179,000) (10,376,000)
Total income tax benefit (provision) $ 0 $ 0
Effective Income Tax Rate Reconciliation, Percent [Abstract]    
Computed Federal income tax benefit (expense) at the statutory rate 21.00% 21.00%
R&D credits 2.54% 1.93%
Equity-based expenses 7.19% (0.17%)
State income taxes, net of federal benefit 9.95% 4.92%
State net operating loss carryforward true up 0.00% 0.42%
Change in statutory rates 2.47% 0.45%
Other (3.09%) 0.11%
Valuation allowance (40.06%) (28.66%)
Income tax benefit (provision) 0.00% 0.00%