Note 10 - Retirement Savings Plan

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Retirement Benefits [Text Block]

(10) Retirement Savings Plan

The Company sponsors a Retirement Savings Plan (the ‘Plan’) under the provisions of Section 401 of the Internal Revenue Code. Employees, as defined in the Plan, are eligible to participate in the Plan after 30 days of employment. Under the terms of the Plan, the Company may match employee contributions under such method as described in the Plan and as determined each year by the Board of Directors. During 2022 the Company elected to match of ½% of each of the first 4% of employee contributions paid proportionally each pay period amounting to $94 thousand.  In 2021 the Company accrued a match of ½% of each of the first 2% of employee contributions amounting to $34 thousand, which was paid in 2022.