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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2024
Commitments and Contingencies [Abstract] |
Schedule of Board of Directors Approved the Director’s Compensation Program | On October 31, 2024, the Company’s Board of Directors approved the director’s compensation program, as follows:
Element |  | Amount |
Annual equity award |  | $ | 160,000 |
Annual board cash retainer |  | $ | 60,000 |
Annual Audit Committee Member Retainer |  | $ | 10,000 |
Annual Compensation Committee Member retainer |  | $ | 7,500 |
Annual Nominating/Governance Committee Member Retainer |  | $ | 7,500 |
Annual Board Chair Additional retainer |  | $ | 40,000 |
Annual Audit Chair Additional retainer |  | $ | 20,000 |
Annual Compensation Chair Additional retainer |  | $ | 15,000 |
Annual Nominating/Governance Chair Additional retainer |  | $ | 15,000 |
Schedule of Stock Price and Market Capitalization Goals | The CEO Agreement also provides Mr. Gutterman with the opportunity to earn an incentive bonus (the “Incentive Bonus”), with will become payable, if ever, in tranches following the Company’s attainment of certain stock price and market capitalization goals. The specific goals are as follows:
|  | Company Stock Price Goal |  | Company Market Capitalization Goal |  | Amount of Incentive Bonus Payable for Achievement of Tranche Goals
Tranche 1 |  | $2.50 based on 30-day VWAP |  | $150 Million |  | 100% of Base Salary
Tranche 2 |  | $2.50 based on 30-day VWAP |  | $250 Million |  | 200% of Base Salary
Tranche 3 |  | $5.00 based on 30-day VWAP |  | $500 Million |  | 300% of Base Salary
Tranche 4 |  | $10.00 based on 30-day VWAP |  | $1 Billion |  | 500% of Base Salary

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- Definition Tabular disclosure of board of directors approved the director’s compensation program. + References No definition available. + Details
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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 + Details
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