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Income Taxes
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Income Taxes
(9)
Income Taxes

 

The Company’s effective tax rate was (7)% and (21)% for the three months ended June 30, 2023 and 2024, respectively, and (18)% and (64)% for the six months ended June 30, 2023 and 2024, 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.