401(K) Savings Plan

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

401(K) Savings Plan

12. 401(K) Savings Plan

The Company established a defined-contribution savings plan under Section 401(k) of the Internal Revenue Code of 1986, as amended. 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 pretax basis. Beginning in 2021, the Company makes matching contributions of up to 3% of the eligible employees’ compensation to the 401(k) plan. During the years ended December 31, 2022 and 2021, the Company made contributions to the 401(k) plan of $0.5 million and $0.3 million, respectively.