XML 27 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Pay vs Performance Disclosure - USD ($)
 1 Months Ended 5 Months Ended 12 Months Ended
Dec. 31, 2024
Jan. 31, 2024
Nov. 30, 2024
Jun. 30, 2024
Dec. 29, 2024
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table        
Year
Summary Compensation Table Total for CEO ($)(1)
Summary Compensation Table Total for Former CEO #1 ($)(2)
Summary Compensation Table Total for Former CEO #2 ($)(3)
Summary Compensation Table Total for Former CEO #3 ($)(4)
Compensation Actually Paid to CEO ($)(1)(7)
Compensation Actually Paid to Former CEO #1 ($)(2)(8)
Compensation Actually Paid to Former CEO #2 ($)(3)(9)
Compensation Actually Paid to Former CEO #3 ($)(4)(10)
Average Summary Compensation Table Total for Non-CEO NEOs ($)(5)
Average Compensation Actually Paid to Non-CEO NEOs ($)(5)(11)
Value of Initial Fixed $100 Investment Based On:
GAAP Consolidated Net Loss Attributable to Common Stock ($)(13)
Adjusted EBITDA ($)(14)
TSR(12)
Peer Group TSR (6)
20242,080,755 2,509,985 5,311,609 2,419,538 1,990,245 2,518,143 683,042 1,319,250 1,459,000 818,916 85.43 135.71 (6,724)233,508 
Company Selected Measure Name         djusted EBITDA
Named Executive Officers, Footnote         Amounts shown in this column relate to Mr. Brown, who became CEO of the Company in December 2024. 
(2)Amounts shown in this column relate to Mr. Caudill, who became Interim CEO of the Company in July 2024 and whose service terminated in December 2024 upon the hiring of Mr. Brown as CEO.
(3)Amounts shown in this column relate to Mr. Fehrman, who became CEO of the Company in January and resigned July 2024.
(4)Amounts shown in this column relate to Mr. Daily, who retired as CEO of the Company in January 2024.
(5)The non-chief executive officer (“CEO”) NEOs reflected in this column for 2024 were: Messrs. Izenstark, Adams, Connell, Lyons and Wilcock.
Peer Group Issuers, Footnote         The Company’s peer group for Pay Versus Performance Table purposes is the compensation peer group used in executive benchmarking (see “Executive Compensation – Compensation Discussion and Analysis – How We Determine Amounts Paid for Each Element of Compensation – Peer Group”).
Adjustment To PEO Compensation, Footnote        
YearFair Value Increase of Unvested Awards Granted in Applicable Fiscal Year As of Fiscal Year End ($)Fair Value Increase of Awards Granted in Applicable Fiscal Year that Vested in Applicable Fiscal Year as of Vesting Date ($)Change from Prior Year End Fair Value of Unvested Awards Granted in Prior Fiscal Year to Applicable Fiscal Year End Fair Value ($)Change from Prior Year End Fair Value of Awards Granted in Prior Fiscal Year That Vested in Applicable Fiscal Year to Vesting Date Fair Value ($)Deduction for Awards Forfeited During Applicable Fiscal Year ($)Deduction for Stock Awards Column in SCT ($)
20241,409,476 — — — — (1,499,986)
(8)CAP was calculated according to the SEC’s definition of CAP as directed by Item 402(v) of Regulation S-K, and is not the same as compensation received. To calculate CAP to Mr. Caudill, the former Interim CEO, the following amounts were deducted from and added to SCT total compensation:
YearFair Value Increase of Unvested Awards Granted in Applicable Fiscal Year As of Fiscal Year End ($)Fair Value Increase of Awards Granted in Applicable Fiscal Year that Vested in Applicable Fiscal Year as of Vesting Date ($)Change from Prior Year End Fair Value of Unvested Awards Granted in Prior Fiscal Year to Applicable Fiscal Year End Fair Value ($)Change from Prior Year End Fair Value of Awards Granted in Prior Fiscal Year That Vested in Applicable Fiscal Year to Vesting Date Fair Value ($)Deduction for Awards Forfeited During Applicable Fiscal Year ($)Deduction for Stock Awards Column in SCT ($)Deduction for Change in Pension Value in SCT ($)
2024— 508,143 — — — (499,985)— 
(9)CAP was calculated according to the SEC’s definition of CAP as directed by Item 402(v) of Regulation S-K, and is not the same as compensation received. To calculate CAP to Mr. Fehrman, the former CEO, the following amounts were deducted from and added to SCT total compensation:
YearFair Value Increase of Unvested Awards Granted in Applicable Fiscal Year As of Fiscal Year End ($)Fair Value Increase of Awards Granted in Applicable Fiscal Year that Vested in Applicable Fiscal Year as of Vesting Date ($)Change from Prior Year End Fair Value of Unvested Awards Granted in Prior Fiscal Year to Applicable Fiscal Year End Fair Value ($)Change from Prior Year End Fair Value of Awards Granted in Prior Fiscal Year That Vested in Applicable Fiscal Year to Vesting Date Fair Value ($)Deduction for Awards Forfeited During Applicable Fiscal Year ($)Deduction for Stock Awards Column in SCT ($)Deduction for Change in Pension Value in SCT ($)
2024— — — — — (4,628,567)— 
(10)CAP was calculated according to the SEC’s definition of CAP as directed by Item 402(v) of Regulation S-K, and is not the same as compensation received. To calculate CAP to Mr. Daily, the former CEO, the following amounts were deducted from and added to SCT total compensation:
YearFair Value Increase of Unvested Awards Granted in Applicable Fiscal Year As of Fiscal Year End ($)Fair Value Increase of Awards Granted in Applicable Fiscal Year that Vested in Applicable Fiscal Year as of Vesting Date ($)Change from Prior Year End Fair Value of Unvested Awards Granted in Prior Fiscal Year to Applicable Fiscal Year End Fair Value ($)Change from Prior Year End Fair Value of Awards Granted in Prior Fiscal Year That Vested in Applicable Fiscal Year to Vesting Date Fair Value ($)Deduction for Awards Forfeited During Applicable Fiscal Year ($)Deduction for Stock Awards Column in SCT ($)Deduction for Change in Pension Value in SCT ($)
2024— — 52,382 212,885 (1,365,555)— — 
2023
Non-PEO NEO Average Total Compensation Amount         $ 1,459,000
Non-PEO NEO Average Compensation Actually Paid Amount         $ 818,916
Adjustment to Non-PEO NEO Compensation Footnote         CAP was calculated according to the SEC’s definition of CAP as directed by Item 402(v) of Regulation S-K, and is not the same as compensation received. To calculate average CAP to the non-CEO NEOs, the following amounts were deducted from and added to average SCT total compensation:
YearAverage Fair Value Increase of Unvested Awards Granted in Applicable Fiscal Year As of Fiscal Year End ($)Average Change from Prior Year End Fair Value of Unvested Awards Granted in Prior Fiscal Year to Applicable Fiscal Year End Fair Value ($)Average Change from Prior Year End Fair Value of Awards Granted in Prior Fiscal Year That Vested in Applicable Fiscal Year to Vesting Date Fair Value ($)Average Deduction for Awards Forfeited During Applicable Fiscal Year ($)Average Deduction for Stock Awards Column in SCT ($)Average Deduction for Change in Pension Value in SCT ($)Average Increase for Service Cost for Pension Plan ($
2024369,895 — 36,025 12,776 (608,958)(449,822)— 
2023
Tabular List, Table        
Most Important Performance Measures
Relative TSRAdjusted EBITDAEnterprise Value
Free Cash FlowSafety (DART)Safety (TRIR)
Total Shareholder Return Amount         $ 85.43
Peer Group Total Shareholder Return Amount         135.71
Net Income (Loss)         $ (6,724,000)
Company Selected Measure Amount         233,508,000
Additional 402(v) Disclosure         Compensation Actually Paid (“CAP”) was calculated according to the SEC’s definition of CAP as directed by Item 402(v) of Regulation S-K, and is not the same as compensation received. To calculate CAP to Mr. Brown, the following amounts were deducted from and added to Summary Compensation Table (“SCT”) total compensation: As required by Item 402(v)(2)(iv) and Item 201(e) of Regulation S-K, the Company’s cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period (assuming dividend reinvestment) and the difference between the Company’s stock price at the end and the beginning of the measurement period by the Company’s stock price at the beginning of the measurement period. Net loss attributable to common stock in this column is the Company’s GAAP consolidated net loss attributable to common stock reflected in the Company’s audited financial statements for the applicable year. Amounts shown in thousands (000s).
Measure:: 1          
Pay vs Performance Disclosure          
Name         Relative TSR
Non-GAAP Measure Description         The Company-Selected Measure is Adjusted EBITDA, which is a non-GAAP measure. The measure reflects addbacks for certain one-time costs such as CEO transition costs, severance, A/R securitization transaction fees and IPO related costs. Amounts shown in thousands (000s).
Measure:: 2          
Pay vs Performance Disclosure          
Name         Free Cash Flow
Measure:: 3          
Pay vs Performance Disclosure          
Name         Adjusted EBITDA
Measure:: 4          
Pay vs Performance Disclosure          
Name         Safety (DART)
Measure:: 5          
Pay vs Performance Disclosure          
Name         Enterprise Value
Measure:: 6          
Pay vs Performance Disclosure          
Name         Safety (TRIR)
Brown [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         $ 2,080,755
PEO Actually Paid Compensation Amount         1,990,245
PEO Name Mr. Brown        
Caudill [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         2,509,985
PEO Actually Paid Compensation Amount         2,518,143
PEO Name     Mr. Caudill    
Fehrman [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         5,311,609
PEO Actually Paid Compensation Amount         683,042
PEO Name       Mr. Fehrman  
Daily [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         2,419,538
PEO Actually Paid Compensation Amount         1,319,250
PEO Name   Mr. Daily      
PEO | Brown [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         1,409,476
PEO | Brown [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Brown [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Brown [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Brown [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Brown [Member] | Deduction For Stock Awards Column [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (1,499,986)
PEO | Caudill [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Caudill [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Caudill [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         508,143
PEO | Caudill [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Caudill [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Caudill [Member] | Deduction For Stock Awards Column [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (499,985)
PEO | Caudill [Member] | Deduction For Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Fehrman [Member] | Deduction For Stock Awards Column [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (4,628,567)
PEO | Fehrman [Member] | Deduction For Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Daily [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Daily [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         52,382
PEO | Daily [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Daily [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         212,885
PEO | Daily [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (1,365,555)
PEO | Daily [Member] | Deduction For Stock Awards Column [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
PEO | Daily [Member] | Deduction For Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         369,895
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         36,025
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         12,776
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (608,958)
Non-PEO NEO | Deduction For Stock Awards Column [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (449,822)
Non-PEO NEO | Deduction For Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         $ 0