Employee Benefit Plan

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plan

8. Employee Benefit Plan

In November 2014, the Company adopted a 401K plan for the benefit of the employees. The Company did not make any contributions to the plan for the year ended December 31, 2014.

In 2013 and prior, the Company had a SIMPLE IRA defined contribution plan covering all qualified employees. An officer of the Company served as trustee of the plan. The Company provided a matching contribution of up to 3% of each employee’s salary. Company contributions to this plan amounted to approximately $136 for the year ended December 31, 2013. On December 31, 2013 the Company ceased contributions and terminated the plan.