Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Provision for Income Taxes

Our provision for income taxes consists of the following:

	For the Year Ended December 31,
	2024		2023		2022
Current:
Federal	$	—	$	(168)	$	—
State	467		613		710
	467		445		710
Deferred:
Federal	—		—		—
State	—		—		—
	—		—		—
Income tax provision	$	467	$	445	$	710

Schedule of Reconciliation of Effective Tax Rate and the U.S. Federal Statutory Income Tax Rate

A reconciliation of our effective tax rate and the U.S. federal statutory income tax rate is as follows:

	For the Year Ended December 31,
	2024		2023		2022
Taxes at statutory U.S. federal income tax rate	21.0	%	21.0	%	21.0	%
Nontaxable income	(21.0)	%	(21.0)	%	(21.0)	%
Federal excise tax	—	%	0.1	%	—	%
State and local income taxes, net of federal tax benefit	(0.1)	%	(0.2)	%	(4.5)	%
Effective tax rate	(0.1)	%	(0.1)	%	(4.5)	%

Schedule of Significant Components of our Deferred Tax Assets and Liabilities

Significant components of our deferred tax assets and liabilities were as follows:

	For the Year Ended December 31,
	2024		2023
Deferred tax assets:
Deferred income	$	2,388	$	1,849
Fair market value adjustment	(1,862)		—
Other	1,225		1,196
Tax loss carryforwards	102,940		83,707
	104,691		86,752
Valuation allowance	(104,691)		(86,752)
	—		—
Net deferred income taxes	$	—	$	—