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Retirement Plan
12 Months Ended
Dec. 31, 2020
Compensation And Retirement Disclosure [Abstract]  
Retirement Plan

12. Retirement Plan

The Company has a defined-contribution plan under Section 401(k) of the Internal Revenue Code (“401(k) Plan”). The 401(k) Plan covers all employees who meet defined minimum age and service requirements and allows participants to defer a portion of their annual compensation on a pre-tax basis. As currently established, the Company is not required to make any contributions to the 401(k) Plan. For the year ended December 31, 2020, the Company made a discretionary match that matches 50% of employee contributions up to a maximum of 3% of employees’ salary. Matching contributions are fully vested at the time of contribution. During the year ended December 31, 2020, matching contribution costs incurred by the Company were $0.1 million. The Company did not make any matching contributions during the year ended December 31, 2019.