XML 86 R70.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAXES - Schedule of Effective Income Tax Rate (Details)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
National statutory tax rate 21.00% 24.94% 24.94%
Increase/(reduction) in income tax rate:      
U.S. state and local income taxes, net 14.39% (6.35%) (0.14%)
Effect of rates different from statutory 17.60% 4.50% 0.36%
Nondeductible officer compensation (5.19%) 0.04% 1.59%
Tax on undistributed earnings 22.53% 3.55% 3.73%
Section 250 deduction 0.67% (0.59%) (0.71%)
Nontaxable gain/loss on earn-out liability 0.00% (2.48%) (2.71%)
Founders advisory fees 29.48% (48.09%) (30.09%)
Tax rate changes 0.67% (0.15%) (0.94%)
Changes in prior year estimates 0.78% 3.38% (1.95%)
Write-off of deferred taxes in exited jurisdiction (57.72%) 0.00% 0.00%
Change in valuation allowance 45.34% 11.58% 10.90%
Other, net (2.15%) 0.08% 0.64%
Effective tax rate 87.40% (9.59%) 5.62%