We maintain a 401(k) defined contribution plan (the “401(k) Plan”), which covers eligible employees as defined in the 401(k) Plan. Participants are allowed to make contributions of up to 60% of their annual salary but may not exceed the annual maximum contribution limitations established by the Internal Revenue Service. The company match was 50% on the first 5% of the amounts contributed by each participant. The match was suspended in March 2020 to reduce costs and conserve cash as a result of the economic impact of the pandemic. The company contributed and expensed $0.8 million and $1.9 million, respectively, into the 401(k) Plan during each of the years ended December 31, 2020 and 2019.