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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
The Compensation Committee approves and administers our executive compensation program, which is designed to attract, incentivize, reward, and retain our executive officers. Our program aligns our executive officer’s pay with our stockholder interests and links pay to performance through a combination of short-term and long-term incentive compensation programs. This high utilization of incentive compensation results in higher total realized pay when our executive officers exceed the Compensation Committee-approved performance targets. Conversely, failure to achieve the approved targets results in lower realized pay, including the possibility that some awards pay zero at the end of their performance period.
As required by Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between the compensation actually paid (as calculated under applicable SEC rules) to our CEO and other Named Executive Officers and certain aspects of our financial performance. For further information concerning our pay for performance philosophy and how the Company aligns executive compensation with performance, please refer to the “
Compensation Discussion and Analysis
.”
2024
Pay-Versus-Performance
Table
 
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                                  
Value of Initial Fixed $100
Investment Based On:
          
Year

(a)
  
Summary
Compensation
Table Total for
PEO (Current)
(b)
  
Compensation
Actually Paid
to PEO
(Current)
(c)
  
Summary
Compensation
Table Total for
PEO
(Former)
(1)
(d)
  
Compensation
Actually Paid
to PEO
(Former)
(2)
(e)
  
Summary
Compensation
Table Total for
Non-PEO

Named
Executive
Officer
(1)
(f)
  
Compensation
Actually Paid
to
Non-PEO

Named
Executive
Officer
(2)
(g)
  
Total
Shareholder
Return
(3)
  
Peer Group
Total
Shareholder
Return
(4)
  
Net
Income
(5)
  
Adjusted
EBITDA
(6)
2024
  
$2,449,488
  
$3,048,492
  
N/A
  
N/A
  
$1,171,918
  
$1,812,135
  
$183
  
$108
  
$16,183,000
  
$56,417,000
2023
  
$1,213,482
  
1,497,516
  
$6,443,582
  
$7,195,056
  
$1,126,919
  
$1,421,254
  
$116
  
$116
  
($17,679,000)
  
$6,494,000
2022
  
N/A
  
N/A
  
$3,868,401
  
($919,661)
  
$1,492,460
  
($240,381)
  
$76
  
$99
  
($59,546,000)
  
($29,889,000)
2021
  
N/A
  
N/A
  
$3,913,187
  
$4,808,588
  
$1,543,590
  
$1,714,588
  
$236
  
$143
  
$17,721,000
  
$36,585,000
2020
  
N/A
  
N/A
  
$2,275,770
  
$7,318,108
  
$1,113,160
  
$2,996,248
  
$228
  
$118
  
$38,746,000
  
$61,448,000
 
(1)
The dollar amounts reported in columns (b), (d) and (f) represent the amount of total compensation reported for the following Named Executive Officers for each corresponding covered fiscal year in the “Total” column of the Summary Compensation Table for each applicable fiscal year. Please refer to “
Executive Compensation—2024 Summary Compensation Table
.”
 
  •  
In column (b), PEO 1: Cris Keirn, our Interim CEO from July 2023 to March 2024 and CEO beginning in March 2024; Mr. Keirn was not a Named Executive Officer from January 2020 through June 30, 2023
 
  •  
In column (d), PEO (Former): Juergen Stark, our former CEO from September 2012 through June 30, 2023
 
  •  
In column (f), Other
Non-PEO
Named Executive Officer (“
Other NEO
”) for fiscal 2020—2024: John Hanson, our CFO from September 2013 through February 3, 2025.
 
(2)
The dollar amounts reported in columns (c), (e) and (g) represent the amount of “compensation actually paid” to our PEO 1 (Mr. Keirn), Former PEO (Mr. Stark) through 2023 and our Other NEO (Mr. Hanson) as computed in accordance with Item 402(v) of Regulation
S-K
for each covered fiscal year, except Mr. Stark’s 2023 compensation actually paid reflects amounts paid under the Stark Separation Agreement – please refer to our Proxy Statement for our 2024 Annual Meeting of Stockholders under the heading “
Executive Compensation—2023 Summary Compensation Table
” for more details. The dollar amounts do not reflect the actual amount of compensation earned or received by Messrs. Keirn, Stark or Hanson during the applicable fiscal year. Figures for compensation paid to our current PEO and Other NEO in 2022 and 2023 are slightly different from the executive compensation disclosure reflected in our 2024 definitive proxy statement filed with
 
 
  the SEC on April 29, 2024 to correct minor adjustments in the calculations of the number of unvested PSUs at year end. In accordance with the of Item 402(v) of Regulation
S-K,
the following adjustments were made to total compensation for each fiscal year to determine the “compensation actually paid” for PEO and the Other NEO:
 
Year
Executive
Reported
Summary
Compensation
Table Total
Reported
Grant Date
Fair Value of
Equity Awards
in Summary
Compensation
Table
(a)
Equity
Award
Adjustments
(b)
Compensation
Actually Paid
       
2024
  
 
 PEO 1
Other NEO
 
  
 
 
  
 
 $2,449,488
$1,171,918
 
  
 
 
  
 
 $1,525,522
$  500,398
 
  
 
 
  
 
 $2,124,526
$1,140,615
 
  
 
 
  
 
 $3,048,492
$1,812,135
 
  
 
 
           
2023
  
 
 PEO 1
PEO (Former)
Other NEO
 
  
 
 
 
  
 
 $1,213,482
$6,443,582
$1,126,919
 
  
 
 
 
  
 
 $  460,658
$1,703,400
$  450,900
 
  
 
 
 
  
 
 $  744,692
$2,454,875
$  745,235
 
  
 
 
 
  
 
 $1,497,516
$7,195,056
$1,421,254
 
  
 
 
 
       
2022
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,868,401
$1,492,460
 
  
 
 
  
 
 $2,976,312
$  972,884
 
  
 
 
  
 
 ($1,811,750)
($  759,957)
 
  
 
 
  
 
 ($ 919,661)
($ 240,381)
 
  
 
 
           
2021
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,913,187
$1,543,590
 
  
 
 
  
 
 $2,743,000
$  932,620
 
  
 
 
  
 
 $3,638,401
$1,103,618
 
  
 
 
  
 
 $4,808,588
$1,714,588
 
  
 
 
       
2020
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $2,275,770
$1,113,160
 
  
 
 
  
 
 $  696,325
$  333,025
 
  
 
 
  
 
 $5,738,663
$2,216,113
 
  
 
 
  
 
 $7,318,108
$2,996,248
 
  
 
 
 
  (a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for each covered fiscal year.
 
  (b)
The equity award adjustments for each covered fiscal year include the addition (or subtraction, as applicable) to the applicable reported Summary Compensation Table Total of the following: (i) the
year-end
fair value of any equity awards granted in the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year; (ii) the amount equal to the change as of the end of the covered fiscal year (from the end of the prior fiscal year) in fair value of any equity awards granted in prior fiscal years that are outstanding and unvested as of the end of the covered fiscal year; (iii) for equity awards that are granted and vest in same covered fiscal year, the fair value as of the vesting date; (iv) for equity awards granted in prior fiscal years for which all applicable vesting conditions were satisfied at the end of or during the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; and (v) for equity awards that are granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year, the amount equal to the fair value at the end of the prior fiscal year. The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
  
Executive
  
Year End
Fair Value
of Equity
Awards
Granted in
Covered
Fiscal Year
  
Year
over Year
Change in
Fair Value of
Equity
Awards
  
Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in
Covered
Fiscal Year
  
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Fiscal
Years that
Vested in
Covered
Fiscal Year
  
Fair Value at
End of Prior
Fiscal Year
of Equity
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Vesting
Conditions
during
Covered
Fiscal Year
  
Total
Equity Award
Adjustments
               
2024
   PEO 1
Other NEO
 
   $1,512,219
$  504,067
 
   $  310,368
$  347,326
 
   $   33,994
$        0
 
   $  315,395
$  340,322
 
   $   47,450
$   51,100
 
   $2,124,526
$1,140,615
 
               
2023
   PEO 1
PEO (Former)
Other NEO
 
   $  502,944
$        0
$  493,254
 
   $  182,959
$        0
$  196,554
 
   $        0
$1,866,600
$        0
 
   $  120,929
$  863,120
$  122,347
 
   $   62,140
$  274,845
$   66,920
 
   $  744,692
$2,454,875
$  745,235
 
               
2022
   PEO (Former)
Other NEO
 
   $1,000,726
$  330,441
 
   ($2,337,449)
($  900,655)
 
   $        0
$        0
 
   ($  475,028)
($  189,744)
 
   $        0
$        0
 
   ($1,811,750)
($  759,957)
 
               
2021
   PEO (Former)
Other NEO
 
   $2,226,000
$  667,800
 
   $   99,477
$   43,683
 
   $        0
$        0
 
   $1,312,923
$  392,135
 
   $        0
$        0
 
   $3,638,401
$1,103,618
 
               
2020
   PEO (Former)
Other NEO
 
   $3,200,793
$1,530,814
 
   $2,180,289
$  627,722
 
   $        0
$        0
 
   $  357,581
$   57,577
 
   $        0
$        0
 
   $5,738,663
$2,216,113
 
Equity Award Valuations:
Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of date of grant. The valuation assumptions used to calculate the fair values of the stock options held by the PEO, PEO (former) and the Other NEO that vested during or were outstanding and unvested as of the end of each covered fiscal year differed from those valuation
 
 
 
assumptions disclosed at the time of grant in the following respects: the expected term assumptions varied from 3.65 years to 3.80 years, risk-free
interest
rate assumptions varied from 3.9% to 4.4% and the stock price volatility assumptions varied from 51.4% to 53.8%, depending on the specific stock option the fair value which was being recalculated. Time-based RSU award grant date fair values are calculated using the stock price as of date of grant. The valuation assumptions used to calculate the fair values of the time-based RSU awards held by the PEO, PEO (former) and the Other NEO that vested during or were outstanding as of the end of each covered fiscal year have been adjusted using the stock price as of
year-end
and as of each vesting date. PSU award grant date fair values are calculated using the stock price as of date of grant assuming target performance. The valuation assumptions
used to calculate the fair values of the PSU awards held by the PEO, PEO (former) and the Other NEO that were earned and vested during or were outstanding as of the end of each covered fiscal year have been adjusted using the stock price as of the
year-end
and as of the end of each performance period.
 
(3)
Cumulative total stockholder return (“
TSR
”) is calculated by dividing the sum of the cumulative amount of dividends during the measurement period, assuming dividend reinvestment, and the difference between our share price at the end of the applicable measurement period and the beginning of the measurement period (December 31, 2019) by our share price at the beginning of the measurement period.
 
(4)
Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 500 Consumer Durables and Apparel Index, a published industry index.
 
(5)
The dollar amounts reported represent the amount of net income (loss) reflected in our audited financial statements for each covered fiscal year.
 
(6)
Refers to adjusted EBITDA, a
non-GAAP
financial measure, which is defined in our Annual Report on Form
10-K
as net income (loss) before interest, taxes, depreciation and amortization, stock-based compensation
(non-cash)
and certain
non-recurring
special items that we believe are not representative of core operations.
       
Company Selected Measure Name adjusted EBITDA        
Named Executive Officers, Footnote Other
Non-PEO
Named Executive Officer (“
Other NEO
”) for fiscal 2020—2024: John Hanson, our CFO from September 2013 through February 3, 2025. 		       
Peer Group Issuers, Footnote Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 500 Consumer Durables and Apparel Index, a published industry index.        
Adjustment To PEO Compensation, Footnote
(2)
The dollar amounts reported in columns (c), (e) and (g) represent the amount of “compensation actually paid” to our PEO 1 (Mr. Keirn), Former PEO (Mr. Stark) through 2023 and our Other NEO (Mr. Hanson) as computed in accordance with Item 402(v) of Regulation
S-K
for each covered fiscal year, except Mr. Stark’s 2023 compensation actually paid reflects amounts paid under the Stark Separation Agreement – please refer to our Proxy Statement for our 2024 Annual Meeting of Stockholders under the heading “
Executive Compensation—2023 Summary Compensation Table
” for more details. The dollar amounts do not reflect the actual amount of compensation earned or received by Messrs. Keirn, Stark or Hanson during the applicable fiscal year. Figures for compensation paid to our current PEO and Other NEO in 2022 and 2023 are slightly different from the executive compensation disclosure reflected in our 2024 definitive proxy statement filed with
 
 
  the SEC on April 29, 2024 to correct minor adjustments in the calculations of the number of unvested PSUs at year end. In accordance with the of Item 402(v) of Regulation
S-K,
the following adjustments were made to total compensation for each fiscal year to determine the “compensation actually paid” for PEO and the Other NEO:
 
Year
Executive
Reported
Summary
Compensation
Table Total
Reported
Grant Date
Fair Value of
Equity Awards
in Summary
Compensation
Table
(a)
Equity
Award
Adjustments
(b)
Compensation
Actually Paid
       
2024
  
 
 PEO 1
Other NEO
 
  
 
 
  
 
 $2,449,488
$1,171,918
 
  
 
 
  
 
 $1,525,522
$  500,398
 
  
 
 
  
 
 $2,124,526
$1,140,615
 
  
 
 
  
 
 $3,048,492
$1,812,135
 
  
 
 
           
2023
  
 
 PEO 1
PEO (Former)
Other NEO
 
  
 
 
 
  
 
 $1,213,482
$6,443,582
$1,126,919
 
  
 
 
 
  
 
 $  460,658
$1,703,400
$  450,900
 
  
 
 
 
  
 
 $  744,692
$2,454,875
$  745,235
 
  
 
 
 
  
 
 $1,497,516
$7,195,056
$1,421,254
 
  
 
 
 
       
2022
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,868,401
$1,492,460
 
  
 
 
  
 
 $2,976,312
$  972,884
 
  
 
 
  
 
 ($1,811,750)
($  759,957)
 
  
 
 
  
 
 ($ 919,661)
($ 240,381)
 
  
 
 
           
2021
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,913,187
$1,543,590
 
  
 
 
  
 
 $2,743,000
$  932,620
 
  
 
 
  
 
 $3,638,401
$1,103,618
 
  
 
 
  
 
 $4,808,588
$1,714,588
 
  
 
 
       
2020
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $2,275,770
$1,113,160
 
  
 
 
  
 
 $  696,325
$  333,025
 
  
 
 
  
 
 $5,738,663
$2,216,113
 
  
 
 
  
 
 $7,318,108
$2,996,248
 
  
 
 
 
  (a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for each covered fiscal year.
 
  (b)
The equity award adjustments for each covered fiscal year include the addition (or subtraction, as applicable) to the applicable reported Summary Compensation Table Total of the following: (i) the
year-end
fair value of any equity awards granted in the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year; (ii) the amount equal to the change as of the end of the covered fiscal year (from the end of the prior fiscal year) in fair value of any equity awards granted in prior fiscal years that are outstanding and unvested as of the end of the covered fiscal year; (iii) for equity awards that are granted and vest in same covered fiscal year, the fair value as of the vesting date; (iv) for equity awards granted in prior fiscal years for which all applicable vesting conditions were satisfied at the end of or during the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; and (v) for equity awards that are granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year, the amount equal to the fair value at the end of the prior fiscal year. The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
  
Executive
  
Year End
Fair Value
of Equity
Awards
Granted in
Covered
Fiscal Year
  
Year
over Year
Change in
Fair Value of
Equity
Awards
  
Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in
Covered
Fiscal Year
  
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Fiscal
Years that
Vested in
Covered
Fiscal Year
  
Fair Value at
End of Prior
Fiscal Year
of Equity
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Vesting
Conditions
during
Covered
Fiscal Year
  
Total
Equity Award
Adjustments
               
2024
   PEO 1
Other NEO
 
   $1,512,219
$  504,067
 
   $  310,368
$  347,326
 
   $   33,994
$        0
 
   $  315,395
$  340,322
 
   $   47,450
$   51,100
 
   $2,124,526
$1,140,615
 
               
2023
   PEO 1
PEO (Former)
Other NEO
 
   $  502,944
$        0
$  493,254
 
   $  182,959
$        0
$  196,554
 
   $        0
$1,866,600
$        0
 
   $  120,929
$  863,120
$  122,347
 
   $   62,140
$  274,845
$   66,920
 
   $  744,692
$2,454,875
$  745,235
 
               
2022
   PEO (Former)
Other NEO
 
   $1,000,726
$  330,441
 
   ($2,337,449)
($  900,655)
 
   $        0
$        0
 
   ($  475,028)
($  189,744)
 
   $        0
$        0
 
   ($1,811,750)
($  759,957)
 
               
2021
   PEO (Former)
Other NEO
 
   $2,226,000
$  667,800
 
   $   99,477
$   43,683
 
   $        0
$        0
 
   $1,312,923
$  392,135
 
   $        0
$        0
 
   $3,638,401
$1,103,618
 
               
2020
   PEO (Former)
Other NEO
 
   $3,200,793
$1,530,814
 
   $2,180,289
$  627,722
 
   $        0
$        0
 
   $  357,581
$   57,577
 
   $        0
$        0
 
   $5,738,663
$2,216,113
 
        
Non-PEO NEO Average Total Compensation Amount $ 1,171,918 $ 1,126,919 $ 1,492,460 $ 1,543,590 $ 1,113,160
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,812,135 1,421,254 (240,381) 1,714,588 2,996,248
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The dollar amounts reported in columns (c), (e) and (g) represent the amount of “compensation actually paid” to our PEO 1 (Mr. Keirn), Former PEO (Mr. Stark) through 2023 and our Other NEO (Mr. Hanson) as computed in accordance with Item 402(v) of Regulation
S-K
for each covered fiscal year, except Mr. Stark’s 2023 compensation actually paid reflects amounts paid under the Stark Separation Agreement – please refer to our Proxy Statement for our 2024 Annual Meeting of Stockholders under the heading “
Executive Compensation—2023 Summary Compensation Table
” for more details. The dollar amounts do not reflect the actual amount of compensation earned or received by Messrs. Keirn, Stark or Hanson during the applicable fiscal year. Figures for compensation paid to our current PEO and Other NEO in 2022 and 2023 are slightly different from the executive compensation disclosure reflected in our 2024 definitive proxy statement filed with
 
 
  the SEC on April 29, 2024 to correct minor adjustments in the calculations of the number of unvested PSUs at year end. In accordance with the of Item 402(v) of Regulation
S-K,
the following adjustments were made to total compensation for each fiscal year to determine the “compensation actually paid” for PEO and the Other NEO:
 
Year
Executive
Reported
Summary
Compensation
Table Total
Reported
Grant Date
Fair Value of
Equity Awards
in Summary
Compensation
Table
(a)
Equity
Award
Adjustments
(b)
Compensation
Actually Paid
       
2024
  
 
 PEO 1
Other NEO
 
  
 
 
  
 
 $2,449,488
$1,171,918
 
  
 
 
  
 
 $1,525,522
$  500,398
 
  
 
 
  
 
 $2,124,526
$1,140,615
 
  
 
 
  
 
 $3,048,492
$1,812,135
 
  
 
 
           
2023
  
 
 PEO 1
PEO (Former)
Other NEO
 
  
 
 
 
  
 
 $1,213,482
$6,443,582
$1,126,919
 
  
 
 
 
  
 
 $  460,658
$1,703,400
$  450,900
 
  
 
 
 
  
 
 $  744,692
$2,454,875
$  745,235
 
  
 
 
 
  
 
 $1,497,516
$7,195,056
$1,421,254
 
  
 
 
 
       
2022
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,868,401
$1,492,460
 
  
 
 
  
 
 $2,976,312
$  972,884
 
  
 
 
  
 
 ($1,811,750)
($  759,957)
 
  
 
 
  
 
 ($ 919,661)
($ 240,381)
 
  
 
 
           
2021
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $3,913,187
$1,543,590
 
  
 
 
  
 
 $2,743,000
$  932,620
 
  
 
 
  
 
 $3,638,401
$1,103,618
 
  
 
 
  
 
 $4,808,588
$1,714,588
 
  
 
 
       
2020
  
 
 PEO (Former)
Other NEO
 
  
 
 
  
 
 $2,275,770
$1,113,160
 
  
 
 
  
 
 $  696,325
$  333,025
 
  
 
 
  
 
 $5,738,663
$2,216,113
 
  
 
 
  
 
 $7,318,108
$2,996,248
 
  
 
 
 
  (a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for each covered fiscal year.
 
  (b)
The equity award adjustments for each covered fiscal year include the addition (or subtraction, as applicable) to the applicable reported Summary Compensation Table Total of the following: (i) the
year-end
fair value of any equity awards granted in the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year; (ii) the amount equal to the change as of the end of the covered fiscal year (from the end of the prior fiscal year) in fair value of any equity awards granted in prior fiscal years that are outstanding and unvested as of the end of the covered fiscal year; (iii) for equity awards that are granted and vest in same covered fiscal year, the fair value as of the vesting date; (iv) for equity awards granted in prior fiscal years for which all applicable vesting conditions were satisfied at the end of or during the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; and (v) for equity awards that are granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year, the amount equal to the fair value at the end of the prior fiscal year. The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
  
Executive
  
Year End
Fair Value
of Equity
Awards
Granted in
Covered
Fiscal Year
  
Year
over Year
Change in
Fair Value of
Equity
Awards
  
Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in
Covered
Fiscal Year
  
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Fiscal
Years that
Vested in
Covered
Fiscal Year
  
Fair Value at
End of Prior
Fiscal Year
of Equity
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Vesting
Conditions
during
Covered
Fiscal Year
  
Total
Equity Award
Adjustments
               
2024
   PEO 1
Other NEO
 
   $1,512,219
$  504,067
 
   $  310,368
$  347,326
 
   $   33,994
$        0
 
   $  315,395
$  340,322
 
   $   47,450
$   51,100
 
   $2,124,526
$1,140,615
 
               
2023
   PEO 1
PEO (Former)
Other NEO
 
   $  502,944
$        0
$  493,254
 
   $  182,959
$        0
$  196,554
 
   $        0
$1,866,600
$        0
 
   $  120,929
$  863,120
$  122,347
 
   $   62,140
$  274,845
$   66,920
 
   $  744,692
$2,454,875
$  745,235
 
               
2022
   PEO (Former)
Other NEO
 
   $1,000,726
$  330,441
 
   ($2,337,449)
($  900,655)
 
   $        0
$        0
 
   ($  475,028)
($  189,744)
 
   $        0
$        0
 
   ($1,811,750)
($  759,957)
 
               
2021
   PEO (Former)
Other NEO
 
   $2,226,000
$  667,800
 
   $   99,477
$   43,683
 
   $        0
$        0
 
   $1,312,923
$  392,135
 
   $        0
$        0
 
   $3,638,401
$1,103,618
 
               
2020
   PEO (Former)
Other NEO
 
   $3,200,793
$1,530,814
 
   $2,180,289
$  627,722
 
   $        0
$        0
 
   $  357,581
$   57,577
 
   $        0
$        0
 
   $5,738,663
$2,216,113
 
        
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid and Company TSR
As demonstrated in the chart below, the amount of compensation actually paid to our PEOs and the Other NEO is generally aligned with our TSR. Given the weighting of equity-based compensation in our overall pay mix for the four covered fiscal years, our TSR performance materially impacted the compensation actually paid in 2024. The chart also compares our cumulative TSR to the cumulative TSR of our selected peer group for the four covered fiscal years.
 
 
LOGO
       
Compensation Actually Paid vs. Net Income
Compensation Actually Paid and Net Income
The chart below illustrates the correlation between compensation actually paid to our PEOs and the Other NEO against the Company’s GAAP net income. Our increased 2024 net income was driven by incremental revenue from the PDP acquisition and growth in our product markets.
We do not use net income as a financial performance measure in our executive compensation program, but there is an indirect correlation between our profitability and compensation actually paid through the impact of Adjusted EBITDA performance on pay outcomes as a measure in both our annual incentive plan and performance stock unit plan (expressed as a percentage of revenue).
 
 
LOGO
       
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid and Adjusted EBITDA
The chart below compares the compensation actually paid to our PEOs and the Other NEO with our Adjusted EBITDA performance, the financial performance measure that, in our assessment, represents the
most
important financial performance measure used by us to link compensation actually paid to our PEOs and the Other NEO for the most recently completed fiscal year, to our performance. Our compensation actually paid correlated with our Adjusted EBITDA, which increased based on similar factors as noted above impacting net income, as well as reduced stock-based compensation, increased acquisition-related costs, incremental increased costs on acquired inventory, and a loss of inventory in transit.
 
 
LOGO
       
Total Shareholder Return Vs Peer Group
Compensation Actually Paid and Company TSR
As demonstrated in the chart below, the amount of compensation actually paid to our PEOs and the Other NEO is generally aligned with our TSR. Given the weighting of equity-based compensation in our overall pay mix for the four covered fiscal years, our TSR performance materially impacted the compensation actually paid in 2024. The chart also compares our cumulative TSR to the cumulative TSR of our selected peer group for the four covered fiscal years.
 
 
LOGO
       
Tabular List, Table
Financial Performance Measures
Our executive compensation program is designed to motivate our executive officers to achieve short-term and long-term results that are in the best interests of our stockholders and a long-term commitment to the Company. A significant portion of our compensation is in the form of incentive compensation, including equity-based awards, tied to rigorous financial and strategic goals. For the most recently completed fiscal year, our most important performance measures, in no particular order, were:
 
  •  
Adjusted EBITDA
 
  •  
Net Revenues
 
  •  
Headset and Controller Market Share Growth
 
  •  
Stock Price
       
Total Shareholder Return Amount $ 183 116 76 236 228
Peer Group Total Shareholder Return Amount 108 116 99 143 118
Net Income (Loss) $ 16,183,000 $ (17,679,000) $ (59,546,000) $ 17,721,000 $ 38,746,000
Company Selected Measure Amount 56,417,000 6,494,000 (29,889,000) 36,585,000 61,448,000
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
Non-GAAP Measure Description Refers to adjusted EBITDA, a
non-GAAP
financial measure, which is defined in our Annual Report on Form
10-K
as net income (loss) before interest, taxes, depreciation and amortization, stock-based compensation
(non-cash)
and certain
non-recurring
special items that we believe are not representative of core operations. 		       
Measure:: 2          
Pay vs Performance Disclosure          
Name Net Revenues        
Measure:: 3          
Pay vs Performance Disclosure          
Name Headset and Controller Market Share Growth        
Measure:: 4          
Pay vs Performance Disclosure          
Name Stock Price        
Cris Keirn [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 2,449,488 $ 1,213,482      
PEO Actually Paid Compensation Amount $ 3,048,492 1,497,516      
PEO Name Cris Keirn        
Juergen Stark [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount   6,443,582 $ 3,868,401 $ 3,913,187 $ 2,275,770
PEO Actually Paid Compensation Amount   7,195,056 (919,661) 4,808,588 7,318,108
PEO Name Juergen Stark        
PEO | Cris Keirn [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 2,124,526 744,692      
PEO | Cris Keirn [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,525,522 460,658      
PEO | Cris Keirn [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 1,512,219 502,944      
PEO | Cris Keirn [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 310,368 182,959      
PEO | Cris Keirn [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 33,994 0      
PEO | Cris Keirn [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 315,395 120,929      
PEO | Cris Keirn [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 47,450 62,140      
PEO | Juergen Stark [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   2,454,875 (1,811,750) 3,638,401 5,738,663
PEO | Juergen Stark [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   1,703,400 2,976,312 2,743,000 696,325
PEO | Juergen Stark [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 1,000,726 2,226,000 3,200,793
PEO | Juergen Stark [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 (2,337,449) 99,477 2,180,289
PEO | Juergen Stark [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   1,866,600 0 0 0
PEO | Juergen Stark [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   863,120 (475,028) 1,312,923 357,581
PEO | Juergen Stark [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   274,845 0 0 0
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,140,615 745,235 (759,957) 1,103,618 2,216,113
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 500,398 450,900 972,884 932,620 333,025
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 504,067 493,254 330,441 667,800 1,530,814
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 347,326 196,554 (900,655) 43,683 627,722
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 0 0 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 340,322 122,347 (189,744) 392,135 57,577
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 $ 51,100 $ 66,920 $ 0 $ 0 $ 0