v3.25.4
Income Taxes
6 Months Ended
Dec. 31, 2025
Income Taxes  
Income Taxes

9. Income Taxes.

Income tax benefit and the effective tax rates were as follows:

  ​ ​ ​

Three Months Ended

Six Months Ended

December 31, 

December 31, 

2025

2024

2025

2024

Income tax benefit

$

(661,000)

$

(1,045,000)

$

(1,382,000)

 

$

(1,781,000)

Effective income tax rate

 

20

%

24

%

19

%

 

27

%

For the three and six months ended December 31, 2025, the rate differs from the federal statutory rate of 21% due to state taxes, foreign taxes, and other permanent items. For the three and six months ended December 31, 2024, the rate differs from the federal statutory rate of 21% due to state and foreign taxes, valuation allowance change, nondeductible transaction costs, and other permanent items.