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Retirement Savings Plan
 12 Months Ended
Dec. 31, 2021
Retirement Savings Plan  
Retirement Savings Plan

Note 8 – Retirement Savings Plan

We have a qualified retirement plan under the provisions of Section 401(k) of the Internal Revenue Code covering all U.S. employees. Participants in this plan may contribute between 1% and 60% of their eligible pay on a pretax basis, up to the annual Internal Revenue Service dollar limits. The Company will make matching contributions in an amount equal to 50% of the participant’s deferral contributions, not to exceed $500. All contributions, including the Company match, are vested immediately. Our matching contributions to the plan were $5 thousand and $3 thousand in 2021 and 2020, respectively.