Employee benefit plans |
3 Months Ended | ||
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Mar. 31, 2026 | |||
| Employee benefit plans | |||
| Employee benefit plans |
We sponsor a voluntary defined-contribution employee retirement plan (the “401(k) plan”) for our U.S. employees. The 401(k) plan provides that each participant may contribute pre-tax or post-tax compensation up to the statutory limit allowable. Under the 401(k) plan, each participant is fully vested in his or her deferred salary contributions when contributed. Beginning January 1, 2024, we adopted a policy to match a portion of employee contributions for all qualified employees participating in the 401(k) plan. We recorded an expense for matching contributions of $0.4 million and $0.3 million for the three months ended March 31, 2026 and 2025, respectively.
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