Pay vs Performance Disclosure - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
| Year | Summary compensation table total for PEO(1) | Compensation actually paid to PEO(2) | Average summary compensation table total for non-PEO NEOs(3) | Average compensation actually paid to non-PEO NEOs(4) | Value of initial fixed $100 investment based on: | Net Loss(7) | Adjusted EBITDA(8) | ||||||||||||||||||||||
Total shareholder return (TSR)(5) | Peer group TSR(6) | ||||||||||||||||||||||||||||
| 2022 | $ | 1,892,166 | $ | 1,250,965 | $ | 1,764,537 | $ | 1,277,946 | $ | 255.77 | $ | 95.61 | $ | (256,915,000) | $ | 57,396,000 | |||||||||||||
| 2021 | $ | 871,997 | $ | 4,318,956 | $ | 595,857 | $ | 952,036 | $ | 223.08 | $ | 127.87 | $ | (112,625,000) | $ | 38,711,000 | |||||||||||||
| 2020 | $ | 727,937 | $ | 145,209 | $ | 580,343 | $ | 375,332 | $ | 65.38 | $ | 122.04 | $ | (109,639,000) | $ | 42,158,000 | |||||||||||||
| Year | Summary compensation table total for PEO | Reported Value of Equity Awards for PEO(a) | Equity Award Adjustments for PEO(b) | Compensation actually paid to PEO | |||||||||||||
| 2022 | $ | 1,892,166 | $ | 1,330,400 | $ | 689,199 | $ | 1,250,965 | |||||||||
| 2021 | $ | 871,997 | $ | 165,600 | $ | 3,612,559 | $ | 4,318,956 | |||||||||
| 2020 | $ | 727,937 | $ | 182,359 | $ | (400,369) | $ | 145,209 | |||||||||
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 the applicable year.
b.The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following to the extent applicable: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; and (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
The amounts deducted or added in calculating the equity award adjustments are set forth below. Columns reporting fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year and value of dividends or other earnings paid on stock or option awards not otherwise reflected in fair value or total compensation are omitted, because they are not applicable.
| Year | Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO | Change in Fair Value of Equity Awards Granted and Vested in the same Covered Year for PEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO | Total - Inclusion of Equity Values for PEO | |||||||||||||||
| 2022 | $ | 203,940 | $ | 310,726 | $ | — | $ | 174,533 | $ | 689,199 | ||||||||||
| 2021 | $ | 139,200 | $ | 1,852,132 | $ | 144,999 | $ | 1,476,228 | $ | 3,612,559 | ||||||||||
| 2020 | $ | 27,201 | $ | (409,926) | $ | 130,992 | $ | (148,636) | $ | (400,369) | ||||||||||
| Year | Average summary compensation table total for non-PEO NEOs | Reported Value of Equity Awards for non-PEO NEOs | Equity Award Adjustments for non-PEO NEOs(a) | Average compensation actually paid to non-PEO NEOs | |||||||||||||
| 2022 | $ | 1,764,537 | $ | 1,414,900 | $ | 928,309 | $ | 1,277,946 | |||||||||
| 2021 | $ | 595,857 | $ | 216,400 | $ | 572,579 | $ | 952,036 | |||||||||
| 2020 | $ | 580,343 | $ | 267,973 | $ | 62,962 | $ | 375,332 | |||||||||
a.The amounts deducted or added in calculating the equity award adjustments are set forth below. Columns reporting fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year and value of dividends or other earnings paid on stock or option awards not otherwise reflected in fair value or total compensation are omitted, because they are not applicable.
| Year | Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs | Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs | Average Change in Fair Value of Equity Awards Granted and Vested in the same Covered Year for Non-PEO NEOs | Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs | Total - Average Inclusion of Equity Values for Non-PEO NEOs | |||||||||||||||
| 2022 | $ | 724,856 | $ | (7,629) | $ | 40,000 | $ | 171,082 | $ | 928,309 | ||||||||||
| 2021 | $ | 139,200 | $ | 118,139 | $ | 93,300 | $ | 221,940 | $ | 572,579 | ||||||||||
| 2020 | $ | 55,536 | $ | (17,090) | $ | 170,481 | $ | (145,965) | $ | 62,962 | ||||||||||
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the our cumulative TSR for the three most recently completed fiscal years.
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Loss during the three most recently completed fiscal years.
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our other NEOs, and our Adjusted EBITDA for the three most recently completed fiscal years. As described above, Adjusted EBITDA is defined as earnings before interest, income taxes, depreciation, amortization, accretion and derivative (gains)/losses. Adjusted EBITDA excludes non-cash compensation expense, reduction in the value of assets, foreign exchange (gains)/losses, and certain other non-cash or non-recurring charges as applicable. We have determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to Company performance. Under the Company’s annual bonus plan, which is designed to reward NEOs’ efforts to meet and exceed the Company's financial performance goals, the Company used Adjusted EBITDA when determining the bonus pool available for distribution to the NEOs during the fiscal year. As described in more detail in the section “Executive Officers and Compensation – Compensation Discussion and Analysis,” for each 1% of Adjusted EBITDA above or below the plan year target Adjusted EBITDA, adjustments are made to either increase or decrease the bonus distribution.
The following chart compares our cumulative TSR over the three most recently completed fiscal years to that of the Nasdaq Telecommunications Index over the same period.
| Most Important Financial Performance Measures | Nature | Explanation | |||||||||
| Adjusted EBITDA | Financial measure | A non-GAAP measure defined as earnings before interest, income taxes, depreciation, amortization, accretion and derivative (gains)/losses. Adjusted EBITDA excludes non-cash compensation expense, reduction in the value of assets, foreign exchange (gains)/losses, and certain other non-cash or non-recurring charges as applicable. | |||||||||
| Specific Goal Achievements | Financial measure | Obtaining predetermined financial goals or benchmarks for individual NEOs. | |||||||||
| Performance Achievements | Non-financial measure | Obtaining predetermined non-financial goals or benchmarks for individual NEOs. | |||||||||