Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v3.3.1.900
Employee Benefit Plan
12 Months Ended
Dec. 31, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Employee Benefit Plans
14. 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, 2015, 2014 and 2013, the Company paid a matching contribution of $118,000, $83,000 and $107,000, respectively.