Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v3.10.0.1
Employee Benefit Plan
12 Months Ended
Dec. 31, 2018
Retirement Benefits [Abstract]  
Employee Benefit Plan
Employee Benefit Plan

The Company administers a 401(k) retirement plan or the 401(k) Plan in which all employees are eligible to participate. Each eligible employee may elect to contribute to the 401(k) Plan.

In August 2017, the Company’s Board of Directors approved a match benefit to the 401(k) Plan in the form of shares of the Company’s common stock equal to 100% of each employee's elected deferral (up to the statutory limit) for the year ended December 31, 2017 and 50% for each year thereafter. The Company made matching contribution to the 401(k) Plan in an amount equal to 50% and 100% of employee contributions, for the year ended December 31, 2018 and 2017, respectively. The expense related to the contribution was $212 and $509 for the year ended December 31, 2018 and 2017, respectively.