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Pay vs Performance Disclosure - USD ($)
 6 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2023
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table  
Pay-Versus-Performance
Disclosure
The following table sets forth additional compensation information of our principal executive officer (“PEO”) and our
non-PEO
named executive officer, along with total stockholder return and net income (loss) for the fiscal years ended December 31, 2025 and 2024, the transition period from July 1, 2023 to December 31, 2023, and the fiscal year ended December 31, 2023:
 
    
Summary
Compensation
Table Total for
CEO
(1)

($)
     
Compensation
Actually Paid to
CEO
(1) (3)

($)
    
Summary
Compensation
Table Total for
Non-CEO

NEOs
(2)

($)
     
Compensation
Actually Paid to
Non-CEO

NEOs
(2) (3)

($)
     
Value of Initial
Fixed $100
Investment Based
on Total
Stockholder
Return
($)
    
Net income in
000s
($)
  
2025
      2,311,854        5,206,473       1,092,446        1,933,345        441.00       (36,087 ) 
2024
      1,635,900        (1,269,810 )      733,527        538,792        (1,198.00 )      (38,030 ) 
2023 TP
      434,500        568,542       377,500        380,837        (389.00 )      (40,766 ) 
2023
      2,120,000        2,878,850       —         —         348.00       (39,741 ) 
 
(1)
Rick Van Nieuwenhuyse was our PEO for each period presented.
(2)
Mike Clark joined the Company in July 2023. Mr. Clark was the sole
non-PEO
NEO for 2023 TP, 2024 and 2025.
(3)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total, adjusted to reflect the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEO as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718.
 
CEO
   
2025
$
     
2024
$
     
2023 TP
$
     
2023
$
  
Total from Summary Compensation Table (SCT)
      2,311,854        1,635,900        434,500        2,120,000  
- Value of stock awards and options from SCT
      (1,020,354 )       (1,016,100 )       —         (1,478,000 ) 
+
Year-end
value of awards granted in fiscal year that are unvested and outstanding
      2,596,103        470,940        —         1,592,500  
+ Change in fair value of all prior year awards that are unvested and outstanding
      503,370        (2,007,350 )       134,042        669,600  
+ Fair market value of awards granted this fiscal year and that vested in this fiscal year
      —         278,200        —         —   
+ Change in the fair value of all prior year awards that vested this fiscal year
      815,500        (631,400 )       —         452,500  
- Prior year fair value of prior year awards that failed to vest
      —         —         —         (477,750 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Compensation Actually Paid
      5,206,473        (1,269,810 )       568,542        2,878,850  
  
 
 
     
 
 
     
 
 
     
 
 
  
 
Non-CEO
NEO
(1)
   
2025
$
     
2024
$
     
2023 TP
$
     
2023
$
  
Total from Summary Compensation Table (SCT)
      1,092,446        733,527        377,500        —   
- Value of stock awards and options from SCT
      (380,946 )       (382,400 )       (150,000 )       —   
+
Year-end
value of awards granted in fiscal year that are unvested and outstanding
      969,247        190,380        153,337        —   
+ Change in fair value of all prior year awards that are unvested and outstanding
      228,044        (65,111 )       —         —   
+ Fair market value of awards granted this fiscal year and that vested in this fiscal year
      —         84,100        —         —   
+ Change in the fair value of all prior year awards that vested this fiscal year
      24,554        (21,704 )       —         —   
- Prior year fair value of prior year awards that failed to vest
      —         —         —         —   
  
 
 
     
 
 
     
 
 
     
 
 
  
Compensation Actually Paid
      1,933,345        538,792        380,837        —   
  
 
 
     
 
 
     
 
 
     
 
 
  
 
(1)
Mr. Clark
(non-CEO
NEO) joined the Company in July 2023.
   
Named Executive Officers, Footnote   Mike Clark joined the Company in July 2023. Mr. Clark was the sole
non-PEO
NEO for 2023 TP, 2024 and 2025. 		   
PEO Total Compensation Amount $ 434,500 $ 2,311,854 $ 1,635,900 $ 2,120,000
PEO Actually Paid Compensation Amount 568,542 $ 5,206,473 (1,269,810) 2,878,850
Adjustment To PEO Compensation, Footnote  
(3)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total, adjusted to reflect the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEO as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718.
 
CEO
   
2025
$
     
2024
$
     
2023 TP
$
     
2023
$
  
Total from Summary Compensation Table (SCT)
      2,311,854        1,635,900        434,500        2,120,000  
- Value of stock awards and options from SCT
      (1,020,354 )       (1,016,100 )       —         (1,478,000 ) 
+
Year-end
value of awards granted in fiscal year that are unvested and outstanding
      2,596,103        470,940        —         1,592,500  
+ Change in fair value of all prior year awards that are unvested and outstanding
      503,370        (2,007,350 )       134,042        669,600  
+ Fair market value of awards granted this fiscal year and that vested in this fiscal year
      —         278,200        —         —   
+ Change in the fair value of all prior year awards that vested this fiscal year
      815,500        (631,400 )       —         452,500  
- Prior year fair value of prior year awards that failed to vest
      —         —         —         (477,750 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Compensation Actually Paid
      5,206,473        (1,269,810 )       568,542        2,878,850  
  
 
 
     
 
 
     
 
 
     
 
 
  
 
    
Non-PEO NEO Average Total Compensation Amount 377,500 $ 1,092,446 733,527 0
Non-PEO NEO Average Compensation Actually Paid Amount 380,837 $ 1,933,345 538,792 0
Adjustment to Non-PEO NEO Compensation Footnote  
(3)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total, adjusted to reflect the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEO as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718.
 
Non-CEO
NEO
(1)
   
2025
$
     
2024
$
     
2023 TP
$
     
2023
$
  
Total from Summary Compensation Table (SCT)
      1,092,446        733,527        377,500        —   
- Value of stock awards and options from SCT
      (380,946 )       (382,400 )       (150,000 )       —   
+
Year-end
value of awards granted in fiscal year that are unvested and outstanding
      969,247        190,380        153,337        —   
+ Change in fair value of all prior year awards that are unvested and outstanding
      228,044        (65,111 )       —         —   
+ Fair market value of awards granted this fiscal year and that vested in this fiscal year
      —         84,100        —         —   
+ Change in the fair value of all prior year awards that vested this fiscal year
      24,554        (21,704 )       —         —   
- Prior year fair value of prior year awards that failed to vest
      —         —         —         —   
  
 
 
     
 
 
     
 
 
     
 
 
  
Compensation Actually Paid
      1,933,345        538,792        380,837        —   
  
 
 
     
 
 
     
 
 
     
 
 
  
    
Compensation Actually Paid vs. Total Shareholder Return  
Compensation Actually Paid Compared to TSR and Net Income
The following chart reflects the relationship between the amount of “compensation actually paid” to Mr. Van Nieuwenhuyse and the amount of “compensation actually paid” to the Company’s
Non-CEO
NEO, and the Company’s cumulative TSR over the four periods presented in the table. The Company does not use TSR as a performance measure in the overall executive compensation program.
TSR and net income are some indicators of the company’s overall performance that may impact the value of total compensation; however, other performance measures and factors are considered in setting named executive officers’ compensation. See the “
Compensation Discussion and Analysis
” for additional information.
 
LOGO 		   
Compensation Actually Paid vs. Net Income  
Compensation Actually Paid Compared to TSR and Net Income
The following chart reflects the relationship between the amount of “compensation actually paid” to Mr. Van Nieuwenhuyse and the amount of “compensation actually paid” to the Company’s
Non-CEO
NEO, and the Company’s cumulative TSR over the four periods presented in the table. The Company does not use TSR as a performance measure in the overall executive compensation program.
TSR and net income are some indicators of the company’s overall performance that may impact the value of total compensation; however, other performance measures and factors are considered in setting named executive officers’ compensation. See the “
Compensation Discussion and Analysis
” for additional information.
 
LOGO 		   
Total Shareholder Return Amount (389) $ 441 (1,198) 348
Net Income (Loss) (40,766,000) $ (36,087,000) (38,030,000) (39,741,000)
PEO Name   Rick Van Nieuwenhuyse    
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 $ (1,020,354) (1,016,100) (1,478,000)
PEO | 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 2,596,103 470,940 1,592,500
PEO | 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 134,042 503,370 (2,007,350) 669,600
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 278,200 0
PEO | 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 0 815,500 (631,400) 452,500
PEO | 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 0 0 (477,750)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (150,000) (380,946) (382,400) 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 153,337 969,247 190,380 0
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 0 228,044 (65,111) 0
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 0 84,100 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 0 24,554 (21,704) 0
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 $ 0 $ 0 $ 0 $ 0