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Income Taxes
9 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
Income Taxes
(10)
Income Taxes

 

The Company’s effective tax rate was (171)% and (26)% for the three months ended September 30, 2022 and 2023, respectively, and (18)% and (24)% for the nine months ended September 30, 2022 and 2023, respectively. These rates differ from the federal statutory rate of 21% due to the effect of state income taxes and certain expenses that are not deductible for tax purposes.