Annual report pursuant to Section 13 and 15(d)

DEFINED CONTRIBUTION PLANS EXPENSE

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DEFINED CONTRIBUTION PLANS EXPENSE
12 Months Ended
Dec. 31, 2023
Defined Contribution Plans Expense  
DEFINED CONTRIBUTION PLANS EXPENSE

 

21. DEFINED CONTRIBUTION PLANS EXPENSE

 

The Company contributes to defined contribution plans for all eligible employees. The Company recorded expenses of approximately $3.3 million and $5.2 million for the years ended December 31, 2023 and 2022, respectively. Employer contributions are accrued as earned by the employees.