Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

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Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Schedule of Loss before Income Tax Provision (Benefit)
The following table presents the calculation for the Company’s effective tax rate:

  Three Months Ended Six Months Ended
  June 30, June 30,
  2024 2023 2024 2023
(in thousands, except for effective tax rate)
Loss before income tax provision (benefit) and equity method investments $ (80,335) $ (20,328) $ (76,008) $ (36,380)
Gain (loss) from equity method investments 482 (2,386) (1,801) (5,326)
Loss before income tax provision (benefit)
 $ (79,853) $ (22,714) $ (77,809) $ (41,706)
Income tax provision (benefit) $ (652) $ 418 $ 853 $ 24,187
Effective tax rate 0.8% (1.8)% (1.1)% (58.0)%