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EMPLOYEE SAVINGS PLAN
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
EMPLOYEE SAVINGS PLAN

NOTE 17. EMPLOYEE SAVINGS PLAN

 

The Company has established an employee savings plan pursuant to Section 401(k) of the Internal Revenue Code, effective January 1, 2014. The plan allows participating employees to deposit into tax deferred investment accounts up to 100% of their salary, subject to annual limits. The Company makes certain matching contributions to the plan in amounts up to 4% of the participants’ annual cash compensation, subject to annual limits. The Company contributed approximately $953,000 and $594,000 to the plan during the years ended December 31, 2024 and 2023, respectively.