v3.25.2
Employee 401(k) Plan
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Employee 401(k) Plan [Abstract]    
EMPLOYEE 401(k) PLAN

16 - EMPLOYEE 401(k) PLAN

 

The Company sponsors a 401(k) plan (the “Plan”) to provide retirement benefits for its employees.

 

As allowed under Section 401(k) of the Internal Revenue Code, the Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. The Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. Employee contributions are limited to a maximum annual amount as set periodically by the Internal Revenue Code. The Company matches pretax and Roth employee contributions up to 4% of eligible earnings that are contributed by employees. All matching contributions vest immediately. The Company’s matching contributions to the Plan for the three months ended March 31, 2025 and 2024, totaled $37,240 and $40,553, respectively.

18 - EMPLOYEE 401(k)  PLAN

 

The Company sponsors a 401(k) plan (the “Plan”) to provide retirement benefits for its employees.

 

As allowed under Section 401(k) of the Internal Revenue Code, the Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. The Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. Employee contributions are limited to a maximum annual amount as set periodically by the Internal Revenue Code. The Company matches pretax and Roth employee contributions up to 4% of eligible earnings that are contributed by employees. All matching contributions vest immediately. The Company’s matching contributions to the Plan for the years ended December 31, 2024 and 2023 totaled $164,098 and $159,562, respectively.