13.Employee Benefit Plans

The Company sponsors a qualified 401(k) defined contribution plan covering eligible employees. Participants may contribute a portion of their annual compensation limited to a maximum annual amount set by the Internal Revenue Service. In November 2025, the Company’s board of directors approved a Company match of 100% of participating employee’s deferral contribution up to 3% of eligible compensation and a 50% match of participating employees’ deferral contribution from 3% to 5% of eligible compensation, effective from January 1, 2026. The Company contributed $0.4 million and $1.4 million to the 401(k) plan during the three and six months ended June 30, 2026, respectively.

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