Retirement Plan

6 Months Ended

Jun. 30, 2025

Retirement Benefits [Abstract]

Retirement Plan

9. Retirement Plan

The Company has a defined-contribution plan under Section 401(k) of the Internal Revenue Code (the “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. The 401(k) Plan allows for discretionary matching contributions of 100% of the first 4% of elective contributions, which vest immediately. Contributions under the plan were approximately $0.4 million and $0.4 million for the three months ended June 30, 2025 and 2024, respectively. Contributions under the plan were approximately $1.2 million and $0.9 million for the six months ended June 30, 2025 and 2024, respectively.