Employee Retention Credit	6 Months Ended
Jun. 30, 2021
Employee Retention Credit
Employee Retention Credit	10. Employee Retention Credit The employee retention credit (ERC) for 2020 was established under the CARES Act and amended by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the “Relief Act”) provided for changes in the employee retention credit for 2020 and provided an additional credit for the first and second calendar quarters of 2021. The Company evaluated its eligibility for the employee retention credit for the three and six months ending June 30, 2021. In order to qualify for the ERC in the second quarter of 2021, the Company needed to experience a 20% reduction in gross receipts from either (1) the same quarter in 2019 or (2) the immediate preceding quarter to the corresponding calendar quarter in 2019. It was determined that the Company qualified for the employee retention credit under both scenarios for June 30, 2021. As a result, for the three and six month periods ending June 30, 2021 approximately $1,914,000 and $3,644,000, respectively was as recognized in other income for the employee retention credit.

Employee Retention Credit

6 Months Ended

Jun. 30, 2021

10. Employee Retention Credit

The employee retention credit (ERC) for 2020 was established under the CARES Act and amended by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the “Relief Act”) provided for changes in the employee retention credit for 2020 and provided an additional credit for the first and second calendar quarters of 2021.

The Company evaluated its eligibility for the employee retention credit for the three and six months ending June 30, 2021. In order to qualify for the ERC in the second quarter of 2021, the Company needed to experience a 20% reduction in gross receipts from either (1) the same quarter in 2019 or (2) the immediate preceding quarter to the corresponding calendar quarter in 2019. It was determined that the Company qualified for the employee retention credit under both scenarios for June 30, 2021. As a result, for the three and six month periods ending June 30, 2021 approximately $1,914,000 and $3,644,000, respectively was as recognized in other income for the employee retention credit.