Quarterly report pursuant to Section 13 or 15(d)

Employee Benefit Plan

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Employee Benefit Plan
 9 Months Ended
Sep. 30, 2021
Retirement Benefits [Abstract]  
Employee Benefit Plan

Note 11 – Employee Benefit Plan

 

The Company maintains a defined contribution benefit plan under section 401(k) of the Code covering substantially all qualified employees of the Company (the “401(k) Plan”). Under the 401(k) Plan, the Company matches 100% up to a 3% contribution, and 50% over a 3% contribution, up to a maximum of 5%.

 

The Company made matching contributions to the 401(k) Plan totaling $4,244 and $7,132 for the three and nine months ended September 30, 2021 and $0 for the three and nine months ended September 30, 2020.