Employee Retirement Plan

3 Months Ended

Mar. 31, 2023

Retirement Benefits [Abstract]

EMPLOYEE RETIREMENT PLAN

9. EMPLOYEE RETIREMENT PLAN

The Company maintains a defined contribution 401(k) profit-sharing plan (the “Plan”) for all employees. Under the Plan, participants may make voluntary contributions up to the maximum amount allowable by law. The Plan is based on employees’ salary deferral, and the Company matches employees’ contributions up to 4% of the employees’ base salary. Employees are 100% vested in the Company’s match contributions. During the three months ended March 31, 2023 and 2022, the Company's matching contributions were $89 thousand and $106 thousand, respectively.