Pay vs Performance Disclosure - USD ($)
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2 Months Ended |
10 Months Ended |
12 Months Ended |
Mar. 01, 2024 |
Dec. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
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Pay versus Performance The following table shows the past three fiscal years’ total compensation for the NEOs as set forth in the Summary Compensation Table, the total compensation actually paid to the NEOs, the Company’s total shareholder return (“TSR”), and the Company’s net income (loss). | | | | | | | | | | | | | | | | | | | 2024 | | | $658,740 | | | $2,498,740 | | | $420,998 | | | $1,428,108 | | | $340.38 | | | ($1,730,404) | 2023 | | | $151,636 | | | $151,636 | | | $112,365 | | | $112,365 | | | $48.08 | | | ($6,348,287) | 2022 | | | $111,250 | | | $111,250 | | | $102,875 | | | $102,875 | | | $94.23 | | | $428,661 | | | | | | | | | | | | | | | | | | | |
(1)
| Represents the amounts reported in the Total column of the Summary Compensation Table for the PEO, who was Gary C. Evans for 2024 and John C. Gustavsen for 2023 and 2022. |
(2)
| SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” in the Pay versus Performance table. Compensation “actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a valuation calculated under applicable SEC rules. In general, compensation “actually paid” is calculated as summary compensation table total compensation adjusted to (a) include the value of any pension benefit (or loss) attributed to the past fiscal year, including on account of any amendments adopted during such year; and (b) include the fair value of equity awards attributed to the past fiscal year factoring in dividends and interest accrued with respect to such awards. For purposes of this disclosure, no pension valuation adjustments were required for any year presented and there were no equity awards in fiscal years 2023 and 2022. The following table provides the calculation of compensation actually paid to the PEO and other NEOs for fiscal year 2024: |
| | | | | | | | | | | | | | | | 2024 | | | PEO | | | $658,740 | | | ($285,000) | | | $2,125,000 | | | $2,498,740 | 2024 | | | Other NEOs | | | $420,998 | | | ($148,000) | | | $1,155,110 | | | $1,428,108 | | | | | | | | | | | | | | | | |
(a)
| The amounts in this column represent the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for fiscal year 2024. |
(b)
| The amounts added or deducted in calculating the equity award adjustments for fiscal year 2024 were as follows: |
| | | | | | | | | | | | | | | | | | | | | | 2024 | | | PEO | | | $2,070,000 | | | $0 | | | $55,000 | | | $0 | | | $0 | | | $2,125,000 | 2024 | | | Other NEOs | | | $1,130,666 | | | $0 | | | $24,444 | | | $0 | | | $0 | | | $1,155,110 | | | | | | | | | | | | | | | | | | | | | | |
(3)
| Represents an average of the amounts reported in the Total column of the Summary Compensation Table for the other NEOs. The average for 2024 included Lloyd Joseph Bardswich, Richard R. Isaak and John C. Gustavsen. The average for 2023 included Richard R. Isaak and Kelly J. Stopher. The average for 2022 included Russell C. Lawrence and Kelly J. Stopher. |
(4)
| TSR is determined based on the value of an initial fixed investment of $100 at the end of the 2021 fiscal year. |
(5)
| Represents net income (loss) as reported in the consolidated financial statements included in our 2024 Annual Report on Form 10-K/A and our 2023 Annual Report Form 10-K. |
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| Named Executive Officers, Footnote |
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(1)
| Represents the amounts reported in the Total column of the Summary Compensation Table for the PEO, who was Gary C. Evans for 2024 and John C. Gustavsen for 2023 and 2022. |
(3)
| Represents an average of the amounts reported in the Total column of the Summary Compensation Table for the other NEOs. The average for 2024 included Lloyd Joseph Bardswich, Richard R. Isaak and John C. Gustavsen. The average for 2023 included Richard R. Isaak and Kelly J. Stopher. The average for 2022 included Russell C. Lawrence and Kelly J. Stopher. |
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| PEO Total Compensation Amount |
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$ 658,740
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$ 151,636
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$ 111,250
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| PEO Actually Paid Compensation Amount |
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$ 2,498,740
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151,636
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111,250
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| Adjustment To PEO Compensation, Footnote |
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(2)
| SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” in the Pay versus Performance table. Compensation “actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a valuation calculated under applicable SEC rules. In general, compensation “actually paid” is calculated as summary compensation table total compensation adjusted to (a) include the value of any pension benefit (or loss) attributed to the past fiscal year, including on account of any amendments adopted during such year; and (b) include the fair value of equity awards attributed to the past fiscal year factoring in dividends and interest accrued with respect to such awards. For purposes of this disclosure, no pension valuation adjustments were required for any year presented and there were no equity awards in fiscal years 2023 and 2022. The following table provides the calculation of compensation actually paid to the PEO and other NEOs for fiscal year 2024: |
| | | | | | | | | | | | | | | | 2024 | | | PEO | | | $658,740 | | | ($285,000) | | | $2,125,000 | | | $2,498,740 | 2024 | | | Other NEOs | | | $420,998 | | | ($148,000) | | | $1,155,110 | | | $1,428,108 | | | | | | | | | | | | | | | | |
(a)
| The amounts in this column represent the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for fiscal year 2024. |
(b)
| The amounts added or deducted in calculating the equity award adjustments for fiscal year 2024 were as follows: |
| | | | | | | | | | | | | | | | | | | | | | 2024 | | | PEO | | | $2,070,000 | | | $0 | | | $55,000 | | | $0 | | | $0 | | | $2,125,000 | 2024 | | | Other NEOs | | | $1,130,666 | | | $0 | | | $24,444 | | | $0 | | | $0 | | | $1,155,110 | | | | | | | | | | | | | | | | | | | | | | |
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| Non-PEO NEO Average Total Compensation Amount |
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$ 420,998
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112,365
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102,875
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| Non-PEO NEO Average Compensation Actually Paid Amount |
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$ 1,428,108
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112,365
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102,875
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| Adjustment to Non-PEO NEO Compensation Footnote |
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(2)
| SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” in the Pay versus Performance table. Compensation “actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a valuation calculated under applicable SEC rules. In general, compensation “actually paid” is calculated as summary compensation table total compensation adjusted to (a) include the value of any pension benefit (or loss) attributed to the past fiscal year, including on account of any amendments adopted during such year; and (b) include the fair value of equity awards attributed to the past fiscal year factoring in dividends and interest accrued with respect to such awards. For purposes of this disclosure, no pension valuation adjustments were required for any year presented and there were no equity awards in fiscal years 2023 and 2022. The following table provides the calculation of compensation actually paid to the PEO and other NEOs for fiscal year 2024: |
| | | | | | | | | | | | | | | | 2024 | | | PEO | | | $658,740 | | | ($285,000) | | | $2,125,000 | | | $2,498,740 | 2024 | | | Other NEOs | | | $420,998 | | | ($148,000) | | | $1,155,110 | | | $1,428,108 | | | | | | | | | | | | | | | | |
(a)
| The amounts in this column represent the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for fiscal year 2024. |
(b)
| The amounts added or deducted in calculating the equity award adjustments for fiscal year 2024 were as follows: |
| | | | | | | | | | | | | | | | | | | | | | 2024 | | | PEO | | | $2,070,000 | | | $0 | | | $55,000 | | | $0 | | | $0 | | | $2,125,000 | 2024 | | | Other NEOs | | | $1,130,666 | | | $0 | | | $24,444 | | | $0 | | | $0 | | | $1,155,110 | | | | | | | | | | | | | | | | | | | | | | |
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| Compensation Actually Paid vs. Total Shareholder Return |
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Total shareholder return and net income are two of the factors used to evaluate the performance of our NEOs. In addition, successful completion of various initiatives to improve the Company, such as growing our antimony business and building effective teams, are also factors used to evaluate the performance of our NEOs. Most of these factors span beyond one year. All of these factors have periodic milestones and are used to determine the compensation of our NEOs.
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| Compensation Actually Paid vs. Net Income |
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Total shareholder return and net income are two of the factors used to evaluate the performance of our NEOs. In addition, successful completion of various initiatives to improve the Company, such as growing our antimony business and building effective teams, are also factors used to evaluate the performance of our NEOs. Most of these factors span beyond one year. All of these factors have periodic milestones and are used to determine the compensation of our NEOs.
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| Total Shareholder Return Amount |
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$ 340.38
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48.08
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94.23
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| Net Income (Loss) |
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$ (1,730,404)
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$ (6,348,287)
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$ 428,661
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| PEO Name |
John C. Gustavsen
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Gary C. Evans
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John C. Gustavsen
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John C. Gustavsen
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| Equity Awards Adjustments, Footnote |
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(b)
| The amounts added or deducted in calculating the equity award adjustments for fiscal year 2024 were as follows: |
| | | | | | | | | | | | | | | | | | | | | | 2024 | | | PEO | | | $2,070,000 | | | $0 | | | $55,000 | | | $0 | | | $0 | | | $2,125,000 | 2024 | | | Other NEOs | | | $1,130,666 | | | $0 | | | $24,444 | | | $0 | | | $0 | | | $1,155,110 | | | | | | | | | | | | | | | | | | | | | | |
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| PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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$ (285,000)
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| PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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2,125,000
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| PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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2,070,000
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| PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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55,000
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| PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(148,000)
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| Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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1,155,110
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| Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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1,130,666
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| Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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24,444
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| Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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$ 0
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