Retirement Plan

12 Months Ended

Dec. 31, 2022

Retirement Plan [Abstract]

Retirement Plan

F. Retirement Plan

The Company maintains its own incentive savings plan (the “Plan”) covering substantially all employees. Company contributions to the Plan are determined annually by Company Board of Directors but may not exceed the amount permitted as a deductible expense under the Internal Revenue Code. There were no amounts expensed in 2022. Amounts expensed for allocated contributions to this Plan, resulted in a credit of $(10,295) for the year ended December 31, 2021 as reductions in headcount reduced the Plan contribution.