Employee Benefit Plan
|12 Months Ended|
Dec. 31, 2020
|Compensation And Retirement Disclosure [Abstract]|
|Employee Benefit Plan||
NOTE 14—EMPLOYEE BENEFIT PLAN
The Company sponsors a defined-contribution savings plan under Section 401(k) of the Internal Revenue Code covering all full-time employees (“Molecular Templates 401(k) Plan”). Participants meeting certain criteria, as defined in the plan document, are eligible for a matching contribution, in amounts determined at the discretion of the Company. Contributions to the Molecular Templates 401(k) Plan by the Company were $0.5 million and $0.2 million for the years ended December 31, 2020 and 2019, respectively.
The entire disclosure for retirement benefits.
Reference 1: http://www.xbrl.org/2003/role/exampleRef