v3.25.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Pay vs Performance Disclosure [Table]    
Pay vs Performance Disclosure, Table

 

PAY VERSUS PERFORMANCE

 

As required by Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For the most recently completed fiscal year, the Company did not use any “financial performance measures” as defined in Item 402(v) of Regulation S-K to link compensation paid to our Named Executive Officers, or NEOs, to the Company’s performance. We are also permitted to report as a “smaller reporting company” as defined under the U.S. federal securities laws. Accordingly, we have not included a tabular list of financial performance measures, and the table below does not include a column for a “Company-Selected Measure” as defined in Item 402(v) of Regulation S-K.

 

Year  

Summary

Compensation

Table Total

for PEO(1)

    

Compensation

Actually Paid

to PEO

    

Average

Summary

Compensation

Table Total for

Non-PEO NEOs

    

Average

Compensation

Actually Paid to
Non-PEO NEOs

    

Value of Initial

Fixed $100

Investment
Based on

Total Shareholder

Return

     Net [Income/
Loss](1)		  
2024   $ 0     $ 0     $ 0     $ 0     $ 0     $ 0  
2023   $ 0     $ 0     $ 0     $ 0     $ 0     $ 0  

 

 
(1) There were no performance-based payments made by the Company in 2024 or 2023.

 

Director Compensation

 

The following table presents the total compensation for each person who served as a non-employee director of our Board during the fiscal year ended December 31, 2024. Other than as set forth in the table and described more fully below, we did not pay any compensation, reimburse any expense of, make any equity awards or non-equity awards to, or pay any other compensation to any of the other members of our Board in such period.

 

Directors   Earned Cash Comp     Paid Cash Comp     Earned Bonus     Shares Earned     Share Price     Shares Comp
(Less APIC)		     Total Comp  
Andrew Papanicolau   $ -     $ -     $ -             $ 1.21     $ 123,403     $ 123,403  
Patrick Rivard   $ -     $ -     $ -             $ 1.71     $ 136,024     $ 136,024  
Jeremy Hitchcock(1)   $ -     $ -       -             $ 3.98     $ 37,500     $ 37,500  
David Natan   $ -     $ -     $ -             $ 0.75     $ 110,903     $ 110,903  
David Lazar   $ -     $ -     $ -             $ 1.22     $ 402,250     $ 402,250  
Avraham Ben-Tzvi   $ -     $ -     $ -             $ 1.02     $ 187,741     $ 187,741  
Matthew McMurdo   $ -     $ -     $ -             $ 1.02     $ 187,741     $ 187,741  

 

 
(1) Resigned on August 3, 2024
 
Net Income (Loss) $ 0 $ 0