Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v3.23.1
Employee Benefit Plan
12 Months Ended
Dec. 31, 2022
Employee Benefit Plan  
Employee Benefit Plan

16. 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, 2022 and 2021, the Company paid a matching contribution of $1.1 million and $0.8 million, respectively.