XML 10 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay versus Performance

 

                                                 

Year

  

Summary Compensation Table Total for PEO ($)(1)

    

Compensation Actually Paid to PEO ($)(4)

    

Average Summary Compensation Table Total for Non-PEO NEOs ($)(2)

    

Average Compensation Actually Paid to Non-PEO NEOs ($)(5)

    

Value of Initial Fixed $100 Investment Based on Total Shareholder Return (%)(3)

    

Net Loss ($) (in thousands)

  

2024

     889,788       51,425       631,614       617,896       (78.9 )%     (29,277 )

2023

     915,056       596,107       768,120       319,369       (66.3 )%     (63,218 )

2022

     1,440,467       930,708       946,703       890,939       (45.2 )%     (123,332 )

 

(1)

Donald Patrick was the Company's Principal Executive Officer (PEO) for each of the 2022, 2023 and 2024 fiscal years.

(2)

For purposes of this table, the Company treated Ryan Schulke and Matthew Conlin as Non-PEO NEOs of the Company for each of the 2022 and 2023. For the 2024 fiscal year, the Company treated Ryan Perfit and Matthew Conlin as NEO's.

(3)

Computed based on a hypothetical investment of $100 in common stock beginning December 31, 2021 and calculated each fiscal year, with dividends reinvested.

(4)

The following table summarizes the applicable deductions and additions for the PEO in the calculation of Compensation Actually Paid to the PEO.
   
PEO Total Compensation Amount $ 889,788 $ 915,056 $ 1,440,467
PEO Actually Paid Compensation Amount $ 51,425 596,107 930,708
Adjustment To PEO Compensation, Footnote

Year

  

Total Compensation per Summary Compensation Table Less Stock Awards

    

Year End Fair Value of Stock Awards Granted and Unvested During Applicable Year

    

Change in Fair Value as of Year End of Any Prior Awards that Remain Unvested as of Year End

    

Awards Granted and Vested in the Same Year, at Fair Value as of the Vesting Date

    

Change in Fair Value as of Year End of Any Prior Awards that Vested During Applicable Year

    

Compensation Actually Paid to PEO

  

2024

     336,859       321,649       (423,384 )     —       (183,699 )     51,425  

2023

     333,023       513,110       (226,043 )     —       (23,983 )     596,107  

2022

     576,607       521,724       (136,248 )     —       (31,375 )     930,708  

 

(5)

The following table summarizes the applicable deductions and additions for the NEO in the calculation of Compensation Actually Paid to the NEO.
   
Non-PEO NEO Average Total Compensation Amount $ 631,614 768,120 946,703
Non-PEO NEO Average Compensation Actually Paid Amount $ 617,896 319,369 890,939
Adjustment to Non-PEO NEO Compensation Footnote

Year

  

Total Compensation per Summary Compensation Table Less Stock Awards

    

Year End Fair Value of Stock Awards Granted and Unvested During Applicable Year

    

Change in Fair Value as of Year End of Any Prior Awards that Remain Unvested as of Year End

    

Awards Granted and Vested in the Same Year, at Fair Value as of the Vesting Date

    

Change in Fair Value as of Year End of Any Prior Awards that Vested During Applicable Year

    

Compensation Actually Paid to NEO

  

2024

     462,625       162,586       (7,315 )     —       —       617,896  

2023

     331,187       —       (11,818 )     —       —       319,369  

2022

     596,192       338,247       —       —       (43,500 )     890,939  

 

    
Total Shareholder Return Amount $ (0.789) (0.663) (0.452)
Net Income (Loss) (29,277,000) (63,218,000) (123,332,000)
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 336,859 333,023 576,607
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 321,649 513,110 521,724
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 (423,384) (226,043) (136,248)
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 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 (183,699) (23,983) (31,375)
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 462,625 331,187 596,192
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 162,586 0 338,247
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 (7,315) (11,818) 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 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 $ 0 $ (43,500)