v3.26.1
Employee Benefit Plans
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Employee Benefit Plans

7. Employee Benefit Plans

 

eXoZymes sponsors an individual 401(k) defined contribution plan for the benefit of employees when eligible. The plan allows eligible employees to contribute a portion of their annual compensation, not to exceed annual limits for the employee as established by the Department of Treasury. eXoZymes makes matching contributions for participating employees up to a certain percentage of the employee contributions; matching contributions were funded for the three months ended March 31, 2026, and 2025. Benefits under this plan were available to all employees, and employees become fully vested in the employer’s contribution upon receipt. A total of $36,323 and $43,508 were contributed to the 401(k) plan for the three months ended March 31, 2026 and 2025, respectively.

 

eXoZymes also provides health and related benefit plans for eligible employees.