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Pay vs Performance Disclosure - USD ($)
5 Months Ended 7 Months Ended 12 Months Ended
May 24, 2022
Dec. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure [Table]            
Pay vs Performance Disclosure, Table    

PAY VERSUS PERFORMANCE

 

Pursuant to Section 953(a) of the Dodd-Frank Act and Item 402(v) of SEC Regulation S-K, we are providing the following information about the relationship between executive “compensation actually paid” (or “CAP”), as defined by SEC rules, to the Company’s principal executive officer (“PEO”) and non-PEO named executive officer (the “Non-PEO NEOs”) and certain aspects of the financial performance of the Company. The Compensation Committee does not utilize CAP as the basis for making compensation decisions.

 

The following table sets forth certain information regarding pay versus performance as of December 31, 2024.

 

Year (1)

 

Summary
Compensation
Table Total
for PEO ($) (2)

 

 

Compensation
Actually Paid
to PEO ($) (3)

 

 

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

 

 

Compensation Actually Paid to Non-PEO NEO ($) (3)

 

 

ClearOne

Total

Shareholder
Return ($) (4)

 

 

Net
Income
(Loss)
($000) (5)

 

2024

 

$

283,053

 

$

 

301,654

 

$

 

313,016

 

$

 

346,567

 

$

 

96

 

$

 

(8,983

)

2023

 

 

366,047

 

 

 

366,476

 

 

 

364,940

 

 

 

324,129

 

 

 

90

 

 

 

(560

)

2022

 

 

557,277

 

 

 

532,457

 

 

 

230,000

 

 

 

222,409

 

 

 

67

 

 

 

20,556

 

2021

 

 

418,750

 

 

 

378,848

 

 

 

251,625

 

 

 

227,684

 

 

 

57

 

 

 

(7,694

)

 

(1)

Zeynep Hakimoglu served as PEO in and in 2022 till May 24, 2022, when her employment with ClearOne was terminated. Derek L. Graham served as PEO for the remaining part of 2022 and continued in the role for 2023 and 2024. Narsi Narayanan was our only Non-PEO NEO for 2021, 2022, 2023, and 2024 until his resignation effective March 1, 2024.  Simon Brewer served as the Non-PEO NEO starting April 17, 2024.  

(2)

Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table (“SCT”) for the applicable years in the case of our PEOs, Zeynep Hakimoglu and Derek Graham, and (ii) total compensation reported in the SCT for the applicable years for Narsi Narayana and Simon Brewer, our only Non-PEO NEOs for the applicable years.

(3)

Amounts reported in these columns represent compensation actually paid; adjustments were made to the amounts reported in the SCT for the applicable year.

(4)

Total Shareholder Return (“TSR”) is cumulative for the measurement periods beginning on December 31, 2020 and ending on December 31 of each of 2024, 2023, 2022 and 2021, respectively, calculated in accordance with Item 201(e) of Regulation S-K.

(5)

The dollar amounts reported represent the a2021mount of net income (loss) attributable to common stockholders reflected in our audited Consolidated Financial Statements included in our 2024 and 2022 Annual Reports on Form 10-K, respectively.

     
Named Executive Officers, Footnote [Text Block]    

(1)

Zeynep Hakimoglu served as PEO in and in 2022 till May 24, 2022, when her employment with ClearOne was terminated. Derek L. Graham served as PEO for the remaining part of 2022 and continued in the role for 2023 and 2024. Narsi Narayanan was our only Non-PEO NEO for 2021, 2022, 2023, and 2024 until his resignation effective March 1, 2024.  Simon Brewer served as the Non-PEO NEO starting April 17, 2024.  

     
PEO Total Compensation Amount [1],[2],[3]     $ 283,053 $ 366,047 $ 557,277 $ 418,750
PEO Actually Paid Compensation Amount [3],[4]     $ 301,654 366,476 532,457 378,848
Adjustment To PEO Compensation, Footnote    
2024 2024 2023 202 2022 2022 2021 2021
Name PEO Non-PEO NEO PEO Non-PEO NEO PEO Non-PEO NEO PEO Non-PEO NEO
Summary Compensation Table Total(1) $ 283,053
$ 313,016
$ 366,047
$ 364,940
$ 557,277
$ 230,000
$ 418,750
$ 251,625
(-) Grant Date Fair Value of Option Awards Granted in Fiscal Year   (24,336 )
(40,560 )
(21,900 )
(14,600 )




(+) Fair Value at Fiscal Year End of Outstanding and Unvested Option Awards Granted in Fiscal Year   44,466
74,111
26,637
(8,697 )




(+) Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years  

(4,309 )
(12,926 )
(22,059 )
(4,600 )
(43,666 )
(26,200 )
(+) Fair Value at Vesting of Option Awards Granted in Fiscal Year that Vested During Fiscal Year  







(+) Change in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (1,529 )


(4,588 )
(2,761 )
(2,991 )
3,764
2,259
(-) Fair Value as of Prior Fiscal Year End of Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year  







(+) Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation for the Fiscal Year  







Compensation Actually Paid $ 301,654
$ 346,567
$ 366,476
$ 324,129
$ 532,457
$ 222,409
$ 378,848
$ 227,684

  

(1)

Unvested equity values are computed in accordance with the methodology used for financial reporting purposes.

     
Non-PEO NEO Average Total Compensation Amount [1],[2],[3]     $ 313,016 364,940 230,000 251,625
Non-PEO NEO Average Compensation Actually Paid Amount [3],[4]     $ 346,567 324,129 222,409 227,684
Adjustment to Non-PEO NEO Compensation Footnote    
2024 2024 2023 202 2022 2022 2021 2021
Name PEO Non-PEO NEO PEO Non-PEO NEO PEO Non-PEO NEO PEO Non-PEO NEO
Summary Compensation Table Total(1) $ 283,053
$ 313,016
$ 366,047
$ 364,940
$ 557,277
$ 230,000
$ 418,750
$ 251,625
(-) Grant Date Fair Value of Option Awards Granted in Fiscal Year   (24,336 )
(40,560 )
(21,900 )
(14,600 )




(+) Fair Value at Fiscal Year End of Outstanding and Unvested Option Awards Granted in Fiscal Year   44,466
74,111
26,637
(8,697 )




(+) Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years  

(4,309 )
(12,926 )
(22,059 )
(4,600 )
(43,666 )
(26,200 )
(+) Fair Value at Vesting of Option Awards Granted in Fiscal Year that Vested During Fiscal Year  







(+) Change in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (1,529 )


(4,588 )
(2,761 )
(2,991 )
3,764
2,259
(-) Fair Value as of Prior Fiscal Year End of Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year  







(+) Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation for the Fiscal Year  







Compensation Actually Paid $ 301,654
$ 346,567
$ 366,476
$ 324,129
$ 532,457
$ 222,409
$ 378,848
$ 227,684

  

(1)

Unvested equity values are computed in accordance with the methodology used for financial reporting purposes.

     
Compensation Actually Paid vs. Total Shareholder Return    

Relationship Between CAP and Total Shareholder Return (“TSR”)

 

The graph below reflects the relationship between the PEO and Non-PEO NEO CAP and our TSR.


Graphics


     
Compensation Actually Paid vs. Net Income    

Relationship Between CAP and Net Income (Loss) 

The graph below reflects the relationship between the PEO and Non-PEO NEO CAP and Net Income (Loss) 1.

 

Graphics

 

(1)

Represents the amount of net income (loss) reported in the Company’s audited financial statements for the applicable year.

     
Total Shareholder Return Amount [3],[5]     $ 96 90 67 57
Net Income (Loss) Attributable to Parent [3],[6]     $ (8,983,000) $ (560,000) (20,556,000) $ (7,694,000)
PEO Name Zeynep Hakimoglu Derek L. Graham Derek L. Graham Derek L. Graham   Zeynep Hakimoglu
Additional 402(v) Disclosure     Pursuant to Section 953(a) of the Dodd-Frank Act and Item 402(v) of SEC Regulation S-K, we are providing the following information about the relationship between executive “compensation actually paid” (or “CAP”), as defined by SEC rules, to the Company’s principal executive officer (“PEO”) and non-PEO named executive officer (the “Non-PEO NEOs”) and certain aspects of the financial performance of the Company. The Compensation Committee does not utilize CAP as the basis for making compensation decisions.      
PEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     $ (24,336) $ (21,900)
PEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     44,466 26,637
PEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     (4,309) (22,059) (43,666)
PEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
PEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     (1,529) (2,761) 3,764
PEO [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
PEO [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
Non-PEO NEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     (40,560) (14,600)
Non-PEO NEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     74,111 (8,697)
Non-PEO NEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     (12,926) (4,600) (26,200)
Non-PEO NEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount     (4,588) (2,991) 2,259
Non-PEO NEO [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
Non-PEO NEO [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]            
Pay vs Performance Disclosure [Table]            
Adjustment to Compensation Amount    
[1] Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table (“SCT”) for the applicable years in the case of our PEOs, Zeynep Hakimoglu and Derek Graham, and (ii) total compensation reported in the SCT for the applicable years for Narsi Narayana and Simon Brewer, our only Non-PEO NEOs for the applicable years.
[2] Unvested equity values are computed in accordance with the methodology used for financial reporting purposes.
[3] Zeynep Hakimoglu served as PEO in and in 2022 till May 24, 2022, when her employment with ClearOne was terminated. Derek L. Graham served as PEO for the remaining part of 2022 and continued in the role for 2023 and 2024. Narsi Narayanan was our only Non-PEO NEO for 2021, 2022, 2023, and 2024 until his resignation effective March 1, 2024.  Simon Brewer served as the Non-PEO NEO starting April 17, 2024.
[4] Amounts reported in these columns represent compensation actually paid; adjustments were made to the amounts reported in the SCT for the applicable year.
[5] Total Shareholder Return (“TSR”) is cumulative for the measurement periods beginning on December 31, 2020 and ending on December 31 of each of 2024, 2023, 2022 and 2021, respectively, calculated in accordance with Item 201(e) of Regulation S-K.
[6] The dollar amounts reported represent the a2021mount of net income (loss) attributable to common stockholders reflected in our audited Consolidated Financial Statements included in our 2024 and 2022 Annual Reports on Form 10-K, respectively.