Quarterly report pursuant to Section 13 or 15(d)

Income taxes

v3.23.1
Income taxes
3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
Income taxes Income taxesFor the three months ended March 31, 2023 and March 31, 2022, the Company recorded income tax provision of less than $0.1 million. For the three months ended March 31, 2023 and 2022, the Company's effective tax rate was less than 1%, respectively. The Company’s effective tax rate differs from the U.S. federal statutory rate of 21% primarily because the Company’s losses have been fully offset by a valuation allowance due to uncertainty of realizing the tax benefit of net operating losses (“NOLs”) for the three months ended March 31, 2023 and March 31, 2022.