9. RETIREMENT PLAN

Beginning on January 1, 2024, the Company began sponsoring a qualified tax-deferred savings plan in accordance with the provisions of Section 401(k) of the U.S. Internal Revenue Code, which was available to permanent, full-time employees.  Employees may contribute up to 90% of their compensation, but not to exceed the maximum allowable contribution amount under IRS rules.  When an employee meets eligibility requirements, the Company matches 100% of employee contributions of up to 6% of eligible earnings.  Matching contributions are made in cash.  The Company’s expense related to employee matching contributions was $112 and $55 during the years ended December 31, 2025 and 2024, respectively.  

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