INCOME TAXES |
9 Months Ended |
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Sep. 30, 2025 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The Company recognized income tax expense of $0.1 million and $0.3 million for the three and nine months ended September 30, 2025, respectively, representing effective income tax rates of (2.5)% and (0.7)%, respectively. The Company recognized no income taxes for the three months ended September 30, 2024 and an income tax benefit of $0.4 million for the nine months ended September 30, 2024, representing effective tax rates of 0.0% and 1.8%, respectively. The difference between the U.S. federal income tax rate of 21.0% and the Company's overall income tax rate in all periods presented was primarily due to state income tax and a change in the valuation allowance for federal and state tax purposes. On July 4, 2025, the U.S. federal legislation commonly referred to as the One Big Beautiful Bill Act (“OBBBA”) was enacted into law, introducing significant changes to the U.S. tax code. The Company determined that the provisions of the OBBBA are not expected to have a material impact on its effective income tax rate or income tax accounts.
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