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DEFINED CONTRIBUTION PLANS
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
DEFINED CONTRIBUTION PLANS

NOTE 8 DEFINED CONTRIBUTION PLANS

 

U.S. employees and non-U.S. employees are eligible to participate in defined contribution plans by contributing a portion of their compensation, which provides for certain matching contributions by the Company. Matching contributions for the U.S. defined contribution plan are 50% of up to 4% of an employee’s salary contribution. Most often, non-U.S. matching contributions are statutory amounts required by law. The Company’s contributions to the retirement plans were $161 and $173 for the three months ended September 30, 2024 and 2023, respectively, and $504 and $528 for the nine months ended September 30, 2024 and 2023, respectively.