v3.24.3
INCOME TAXES (Tables)
9 Months Ended
Sep. 30, 2024
INCOME TAXES  
Schedule of reconciliation between statutory federal income tax rate and the Company's effective income tax rate

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

​

2024

    

2023

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2024

    

2023

​

Federal income tax rate

21.0

%  

21.0

%

​

21.0

%  

21.0

%

Stock-based compensation

(0.1)

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—

​

​

(0.2)

​

(0.9)

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State taxes

5.1

​

4.0

​

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6.3

​

4.7

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Credits

(0.9)

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0.2

​

​

(1.2)

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(1.6)

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Nondeductible IPR&D

—

​

—

​

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2.5

​

—

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Valuation allowance

0.4

​

—

​

​

0.4

​

—

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Other

0.4

​

0.6

​

​

0.4

​

0.3

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Total

25.9

%  

25.8

%

​

29.2

%  

23.5

%

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