EMPLOYEE BENEFIT PLAN

12 Months Ended

Dec. 31, 2017

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN

14. EMPLOYEE BENEFIT PLAN

In November 2006, the Company adopted a 401(k) plan (the “Plan”) covering all employees. Employees must be 21 years of age in order to participate in the Plan. Under the Plan, the Company has the option to make matching contributions. For the years ended December 31, 2017,  2016 and 2015, the Company made matching contributions in the form of shares of the Company’s common stock. For the years ended December 31, 2017,  2016, and 2015, the Company issued 98,319,  37,528, and 17,437 shares of its common stock, respectively, with related fair values of $183,  $208, and $201, respectively, which were recorded as expense in the statement of operations.