Note 17 - Employee Benefit Plan |
12 Months Ended | ||
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Dec. 31, 2021 | |||
Notes to Financial Statements | |||
Compensation and Employee Benefit Plans [Text Block] |
We maintain an employee benefit plan under Section 401(k) of the IRC (the “401(k) Plan”). The 401(k) Plan allows employees to make contributions and we may, but are not obligated to, match a portion of the employee’s contribution with our Common Stock, up to a defined maximum. We also pay certain expenses related to maintaining the 401(k) Plan. Beginning January 1, 2021, the Company’s Board of Directors increased the Company match rate from 40% of employee contributions to the 401(k) Plan up to 5% of the employee’s salary, to 100% of employee contributions to the 401(k) Plan up to 6% of the employee’s salary. We recorded expenses related to the 401(k) Plan of $148,000 and $49,000 during 2021 and 2020, respectively
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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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