v3.25.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure [Table]      
Disclosure - Pay vs Performance Disclosure
                                                 
Pay Versus Performance
(a)  (b)  (c)  (d)  (e)  (f)  (g)
Year  Summary Compensation Table Total for PEO (1)  Compensation Actually Paid to PEO (2)  Average Summary Compensation Table Total for Non-PEO Named Executive Officers (3)  Average Compensation Actually Paid to Non-PEO Named Executive Officers (4)  Value of Initial Fixed $100 Investment Based on TSR (5)  Net Income (Loss)
2024  $670,686   $582,921   $550,162   $481,341   $94   $(15,063,083)
2023  $741,323   $733,374   $613,943   $613,250   $106   $(7,291,285)
2022  $874,817   $860,601   $461,012   $339,036   $88   $(6,047,986)
    
PEO Actually Paid Compensation Amount $ 582,921 $ 733,374 $ 860,601
Adjustment to PEO Compensation, Footnote

 

PEO Stock Award Adjustments
Year  Executive(s)  Summary Compensation Table Total (Average for Non-PEO Named Executive Officers)  Subtract Stock and Option Awards  Add Year-End Fair Value of Equity Awards Granted in Covered Year  Change in Value of Unvested Equity Awards Granted in Prior Years  Change in Value of Prior Year Equity Awards Vested in Covered Year  Compensation Actually Paid (Average for Non-PEO Named Executive Officers)
2024  PEO  $670,686   $(250,500)  $195,000   $(61,538)  $29,273   $582,921 
2024  Non-PEO Named Executive Officers  $550,162   $(187,875)  $146,250   $(47,811)  $20,615   $481,341 
2023  PEO  $741,323   $(211,904)  $261,108   $(5,930)  $(51,223)  $733,374 
2023  Non-PEO Named Executive Officers  $613,943   $(163,343)  $201,271   $(17,054)  $(21,567)  $613,250 
2022  PEO  $874,817   $(230,057)  $351,036   $(92,223)  $(42,972)  $860,601 
2022  Non-PEO Named Executive Officers  $461,012   $(113,404)  $109,738   $(70,288)  $(48,022)  $339,036 
    
Non-PEO NEO Average Total Compensation Amount $ 550,162 613,943 461,012
Non-PEO NEO Average Compensation Actually Paid Amount $ 481,341 613,250 339,036
Compensation Actually Paid vs. Total Shareholder Return

Relationship Between Compensation Actually Paid and Company Total Shareholder Return

 

As outlined in the Pay Versus Performance Table, the fluctuations in the compensation values for our PEO and Non-PEO Named Executive Officers over the three-year period 2022 through 2024 align with the fluctuations in the Company’s TSR over this same period. A large component of our executive compensation is equity-based to align compensation with performance. We believe the equity-based compensation strongly aligns our PEO and Non-PEO Named Executive Officers’ interests with those of our stockholders to maximize long-term value and encourages long-term employment. In particular, we view stock options, which are an integral part of our executive compensation program, as related to the Company performance although not directly tied to TSR, because they provide value only if the market price of our common stock increases above the option exercise price and if the executive officer continues in our employment over the vesting period. The ultimate value of these equity awards, and the resulting impact on compensation actually paid, aligns with the Company’s TSR performance.

    
Compensation Actually Paid vs. Net Income

Relationship Between Compensation Actually Paid and Net Income (Loss)

 

As displayed in our Pay Versus Performance Table, from 2022 to 2024, our net loss increased and the compensation actually paid to our PEO and Non-PEO Named Executive Officers also decreased over those years. This does not reflect a change in our compensation practices but is rather a function of fluctuations in our stock price over the same three years. A portion of the compensation actually paid to our PEO and Non-PEO Named Executive Officers are performance-based awards, as described under “2025 Bonus Plan for Senior Management”, which is based on the satisfaction of certain performance metrics. As such, though our PEO and Non-PEO Named Executive Officers achieved strong performance metrics, net loss increased significantly from 2023 to 2024 primarily as a result of performance issues associated with a disposal group classified as held for sale at December 31, 2024, which included an impairment charge of $5.5 million in 2024. In addition, higher interest costs, which were driven by higher interest rates, and acquisition-related intangible amortization costs contributed to net losses from 2022 to 2024.

 

 

Additionally, we grant equity based compensation to our PEO and Non-PEO Named Executive Officers. Due to the fluctuation in our stock price from $6.94 at December 31, 2021 to $6.11, $7.33 and $6.50 at December 30, 2022, December 29, 2023 and December 31, 2024, respectively, the value of our option awards changed significantly in 2022, 2023 and 2024, which further accounts for much of the change in compensation actually paid over the three-year period 2022 through 2024.

 

    
Total Shareholder Return Amount $ 94 106 88
Net Income (Loss) Attributable to Parent $ (15,063,083) (7,291,285) (6,047,986)
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name TSR    
Stock And Option Awards Value [Member] | PEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (250,500) (211,904) (230,057)
Stock And Option Awards Value [Member] | Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (187,875) (163,343) (113,404)
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member] | PEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 195,000 261,108 351,036
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member] | Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 146,250 201,271 109,738
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member] | PEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (61,538) (5,930) (92,223)
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member] | Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (47,811) (17,054) (70,288)
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member] | PEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 29,273 (51,223) (42,972)
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member] | Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 20,615 (21,567) (48,022)
PEO [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount 670,686 741,323 874,817
Mr Hatch [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 670,686 741,323 874,817
PEO Name Mr. Hatch    
Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
PEO Actually Paid Compensation Amount $ 481,341 $ 613,250 $ 339,036