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Defined contribution plan
9 Months Ended
Sep. 30, 2022
Defined contribution plan  
Defined contribution plan

Note 16—Defined contribution plan

The Company has a 401(k) Employee Savings Plan (“401(k) Plan”) that is available to all employees of the Company. The Company has elected a Safe-Harbor provision for the 401(k) Plan in which participants are always fully vested in their employer contributions. The Company matches 100% of the first 3% of participating employee contributions and 50% of the next 2% of participating employee contributions. Contributions are made in cash. Contributions were approximately $249 and $88 for the three months ended September 30, 2022 and 2021, respectively, and $644 and $449 for the nine months ended September 30, 2022 and 2021 respectively. Such contribution expense has been recognized in the consolidated statement of operations for each period.