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Income Taxes
6 Months Ended
Jun. 30, 2023
Income Taxes [Abstract]  
INCOME TAXES

NOTE 6 – INCOME TAXES

 

The Company’s effective tax rate is calculated by dividing the total income tax expense by the sum of income before the income tax expense and the net income attributable to noncontrolling interests. The Company has maintained a full valuation allowance for federal and the majority of its state jurisdictions.

 

  

For the three months ended

June 30,

 
   2023   2022 
           
Effective income tax rate   0.00%   0.00%

 

  

For the six months ended

June 30,

 
   2023   2022 
           
Effective income tax rate   0.00%   0.00%

 

The Company’s effective tax rate is calculated by dividing the total income tax expense by the sum of income before the income tax expense and the net income attributable to noncontrolling interests. The Company has maintained a full valuation allowance for federal and the majority of its state jurisdictions.