Employee Benefit Plans	9 Months Ended
Sep. 30, 2024
Employee Benefit Plans
Employee Benefit Plans	7. Employee Benefit Plans Invizyne sponsors an individual 401(k) defined contribution plan for the benefit of employees when eligible. The plan allows eligible employees to contribute a portion of their annual compensation, not to exceed annual limits for the employee as established by the Department of Treasury. Invizyne makes matching contributions for participating employees up to a certain percentage of the employee contributions; matching contributions were funded for the six months ended September 30, 2024 and 2023. Benefits under this plan were available to all employees, and employees become fully vested in the employer’s contribution upon receipt. A total of $84,003 and $97,769 was contributed to the 401 (k) plan for the nine months ended on September 30, 2024 and 2023, respectively. Invizyne also provides health and related benefit plans for eligible employees.

Employee Benefit Plans

9 Months Ended

Sep. 30, 2024

7. Employee Benefit Plans

Invizyne sponsors an individual 401(k) defined contribution plan for the benefit of employees when eligible. The plan allows eligible employees to contribute a portion of their annual compensation, not to exceed annual limits for the employee as established by the Department of Treasury. Invizyne makes matching contributions for participating employees up to a certain percentage of the employee contributions; matching contributions were funded for the six months ended September 30, 2024 and 2023. Benefits under this plan were available to all employees, and employees become fully vested in the employer’s contribution upon receipt. A total of $84,003 and $97,769 was contributed to the 401 (k) plan for the nine months ended on September 30, 2024 and 2023, respectively.

Invizyne also provides health and related benefit plans for eligible employees.