Income Taxes |
6 Months Ended |
|---|---|
Jun. 30, 2024 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company’s income tax provisions for all periods consist of federal, state and foreign income taxes. The income tax provision for the three and six months ended June 30, 2024 and 2023 were based on estimated full-year effective tax rates, including the mix of income for the period between higher-taxed and lower-taxed jurisdictions, after giving effect to significant items related specifically to the interim periods, and loss-making entities for which it is not more likely than not that a tax benefit will be realized. The Company’s effective tax rate for each of the three and six months ended June 30, 2024 and 2023 was less than 1%. For the three months ended June 30, 2024, the Company’s income tax benefit was insignificant. For the three months ended June 30, 2023, the Company’s income tax expense was $0.2 million. For the six months ended June 30, 2024 and 2023, the Company’s income tax expense was $0.2 million and $0.3 million, respectively. To date, the Company has not been required to pay U.S. federal income taxes because of current and accumulated net operating losses.
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