Annual report [Section 13 and 15(d), not S-K Item 405]

Employee Benefit Plan

v3.25.1
Employee Benefit Plan
12 Months Ended
Dec. 31, 2024
Employee Benefit Plan  
Employee Benefit Plan

15. Employee Benefit Plan

On January 1, 2008, the Company adopted a defined contribution 401(k) plan which allows employees to contribute up to a percentage of their compensation, subject to IRS limitations and provides for a discretionary Company match up to a maximum of 4% of employee compensation. For the years ended December 31, 2024 and 2023, the Company paid a matching contribution of $0.8 million and $1.1 million, respectively.