Annual report pursuant to Section 13 and 15(d)

Note 18 - 401(k) Savings Plan

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Note 18 - 401(k) Savings Plan
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Postemployment Benefits Disclosure [Text Block]

18.                

401(k) Savings plan

 

The Company maintains a defined-contribution savings plan under Section 401(k) of the Internal Revenue Code (the “401(k) Plan”). The 401(k) Plan covers all employees who meet defined minimum age and service requirements and allows participants to defer a portion of their annual compensation on a pretax or after tax basis. Beginning in January 2021, the Plan included a maximum of 4% employer matching contributions with immediate vesting. We recognized $111,000 and $71,000 of expenses related to employer contributions for the 401(k) savings plan during the years ended  December 31, 2022 and 2021, respectively.