Deferred Compensation Plan |
9 Months Ended | ||
|---|---|---|---|
Sep. 30, 2024 | |||
| Deferred Compensation Plan [Abstract] | |||
| Deferred Compensation Plan |
Effective October 1st, 2021, the Company began offering a 401(k) plan (“401K Plan”) to its employees. All employees
are eligible to participate in the 401K Plan. The Company makes
matching contributions equal to 100% on the first 3% of compensation that is deferred as an elective deferral and an additional 50% on the next 2% of compensation. The Company’s matching contributions are made on a
payroll-by-payroll basis. During the three months ended September 30, 2024 and 2023, the Company contributed $40,000 and $21,000 to the 401K Plan, respectively. During the nine months ended September 30, 2024
and 2023, the Company contributed $141,000 and $77,000 to the 401K Plan, respectively.
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