Note 9 - Income Taxes

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Income Tax Disclosure [Text Block]

NOTE 9—INCOME TAXES

As of March 31, 2025 and December 31, 2024, the Company had no unrecognized tax benefits recorded. The Company's effective tax rate for the three months ended March 31, 2025 was a benefit of 312.8% versus an expense of 6.2% for the three months ended March 31, 2024. In both periods, the effective tax rate differs from the statutory rate because of the mix of jurisdictions generating income and the valuation allowance against certain loss and interest carryforwards in the United States.