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Retirement Plan
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Retirement Plan

16. Retirement Plan

The Company has a defined-contribution plan under Section 401(k) of the Internal Revenue Code (“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 pre-tax basis. As currently established, the Company is not required to make any contributions to the 401(k) Plan. For the years ended December 31, 2024 and 2023, the Company made a discretionary match that matches 50%, up to 6% employee contribution, and therefore a maximum of 3% of employees’ salary. Matching contributions are fully vested at the time of contribution. The Company matched $0.2 million and $0.4 million of employee 401(k) contributions for the years ended December 31, 2024 and 2023, respectively, which is included in the consolidated statements of operations and comprehensive loss.