Retirement Plan

3 Months Ended

Mar. 31, 2022

Retirement Plan [Abstract]

Retirement Plan

5. Retirement Plan

The Company participates in Associated Capital’s incentive savings plan (the “Plan”), covering substantially all employees. Company contributions to the Plan are determined annually by management of the Company and AC’s Board of Directors but may not exceed the amount permitted as a deductible expense under the Internal Revenue Code. Amounts expensed for allocated contributions to this Plan amounted to approximately $0 and $4,436 for the three months ended March 31, 2022 and 2021, respectively, and were recorded as compensation and related costs in the Condensed Consolidated Statements of Operations.