Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay vs Performance

This section is included to comply with the provisions of Item 402(v) of Regulation S-K. For a more comprehensive analysis of our compensation philosophy please see the General Compensation Philosophy section of this filing. In the table and footnotes below, “PEO” refers to our principal executive officer, Charles D. Goodwin.

Pay versus performance table
(a)		(b)				(c)				(d)				(e)				(f)				(h)
Year		Summary compensation table total for PEO				Compensation actually paid to PEO ⁽²⁾				Average summary compensation table total for non-PEO NEOs ⁽¹⁾				Average compensation actually paid to non-PEO NEOs ⁽¹⁾⁽²⁾				Value of initial fixed $100 investment based on Total stockholder return				Net income (loss) (in thousands)
2024		$	975,971			$	509,221			$	675,407			$	490,152			$	12			$	(23,463	)
2023		$	1,261,470			$	1,413,487			$	769,679			$	734,407			$	20			$	(18,713	)
2022		$	2,170,236			$	(653,639	)		$	974,614			$	(55,170	)		$	18			$	(23,184	)

(1)

Reflects average compensation amounts for our non-PEO named executive officers for the respective years shown. Moshe Citronowicz, Todd Hornsby, Matthew Hill and Shawn Roman are the non-PEO named executive officers for the 2024 year presented. Moshe Citronowicz, Todd Hornsby, Matthew Hill and Tara Semb are the non-PEO named executive officers for the 2023 year presented. Moshe Citronowicz, Todd Hornsby and Tara Semb are the non-PEO named executive officers for the 2022 year presented.

(2)	The following table summarizes the adjustments from summary table total compensation to compensation actually paid:

Named Executive Officers, Footnote

Reflects average compensation amounts for our non-PEO named executive officers for the respective years shown. Moshe Citronowicz, Todd Hornsby, Matthew Hill and Shawn Roman are the non-PEO named executive officers for the 2024 year presented.

Moshe Citronowicz, Todd Hornsby, Matthew Hill and Tara Semb are the non-PEO named executive officers for the 2023 year presented.

Moshe Citronowicz, Todd Hornsby and Tara Semb are the non-PEO named executive officers for the 2022 year presented.

PEO Total Compensation Amount

$ 975,971

$ 1,261,470

$ 2,170,236

PEO Actually Paid Compensation Amount

$ 509,221

1,413,487

(653,639)

Adjustment To PEO Compensation, Footnote

		PEO												Non-PEO NEOs
		2024				2023				2022				2024				2023				2022
Summary compensation table total compensation		$	975,971			$	1,261,470			$	2,170,236			$	675,407			$	769,679			$	974,614
Grant date fair value of awards granted during the year			(453,273	)			(448,335	)			(1,664,793	)			(173,475	)			(164,820	)			(612,023	)
Fair value of awards granted during the year that are outstanding and unvested as of year-end			270,058				493,290				255,114				54,734				116,387				93,787
Change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end			(211,412	)			65,731				(1,156,271	)			(26,535	)			15,509				(425,076	)
Change in fair value from prior year-end to vesting date of awards granted in prior years that vested during the year			(72,123	)			41,331				(257,925	)			(45,204	)			660				(86,472	)
Fair value of awards granted during the year that vested during the year			—				—				—				22,141				8,192				—
Prior year-end fair value of awards granted in prior years that were forfeited during the year			—				—				—				(16,916	)			(11,200	)			—
Compensation actually paid		$	509,221			$	1,413,487			$	(653,639	)		$	490,152			$	734,407			$	(55,170	)

Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of the grant date. Adjustments have been made using stock option fair values as of each measurement date using the stock price as of the measurement date and updated assumptions (i.e., term, volatility, risk free rates) as of the measurement date. The change in stock price was the primary driver for the adjustments in the table above.

Non-PEO NEO Average Total Compensation Amount

$ 675,407

769,679

974,614

Non-PEO NEO Average Compensation Actually Paid Amount

$ 490,152

734,407

(55,170)

Adjustment to Non-PEO NEO Compensation Footnote

		PEO												Non-PEO NEOs
		2024				2023				2022				2024				2023				2022
Summary compensation table total compensation		$	975,971			$	1,261,470			$	2,170,236			$	675,407			$	769,679			$	974,614
Grant date fair value of awards granted during the year			(453,273	)			(448,335	)			(1,664,793	)			(173,475	)			(164,820	)			(612,023	)
Fair value of awards granted during the year that are outstanding and unvested as of year-end			270,058				493,290				255,114				54,734				116,387				93,787
Change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end			(211,412	)			65,731				(1,156,271	)			(26,535	)			15,509				(425,076	)
Change in fair value from prior year-end to vesting date of awards granted in prior years that vested during the year			(72,123	)			41,331				(257,925	)			(45,204	)			660				(86,472	)
Fair value of awards granted during the year that vested during the year			—				—				—				22,141				8,192				—
Prior year-end fair value of awards granted in prior years that were forfeited during the year			—				—				—				(16,916	)			(11,200	)			—
Compensation actually paid		$	509,221			$	1,413,487			$	(653,639	)		$	490,152			$	734,407			$	(55,170	)

Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of the grant date. Adjustments have been made using stock option fair values as of each measurement date using the stock price as of the measurement date and updated assumptions (i.e., term, volatility, risk free rates) as of the measurement date. The change in stock price was the primary driver for the adjustments in the table above.

Compensation Actually Paid vs. Total Shareholder Return

The following table presents a comparison of our actual compensation paid to NEOs versus our total stockholder return, net losses:

(in thousands except per share data)		2024				2023				2024 vs 2023 Change				2022				2023 vs 2022 Change
Total stockholder return (change in stock price)		$	1.58			$	2.62				(39.7	)%		$	2.34				12.0	%
Net loss attributable to stockholders		$	(23,463	)		$	(18,713	)			(25.4	)%		$	(23,184	)			19.3	%
Actual compensation paid to NEOs		$	2,470			$	3,617				(31.7	)%		$	(819	)			541.6	%

Compensation Actually Paid vs. Net Income

The following table presents a comparison of our actual compensation paid to NEOs versus our total stockholder return, net losses:

(in thousands except per share data)		2024				2023				2024 vs 2023 Change				2022				2023 vs 2022 Change
Total stockholder return (change in stock price)		$	1.58			$	2.62				(39.7	)%		$	2.34				12.0	%
Net loss attributable to stockholders		$	(23,463	)		$	(18,713	)			(25.4	)%		$	(23,184	)			19.3	%
Actual compensation paid to NEOs		$	2,470			$	3,617				(31.7	)%		$	(819	)			541.6	%

Total Shareholder Return Amount

$ 12

20

18

Net Income (Loss)

$ (23,463,000)

(18,713,000)

(23,184,000)

Charles D. Goodwin

Actual compensation paid to NEOs

$ 2,470,000

$ 3,617,000

$ (819,000)

NEO Actually Paid Compensation, Percent Change

(31.70%)

541.60%

Net loss attributable to stockholders

(25.40%)

19.30%

Total stockholder return (change in stock price) (in dollars per share)

$ 1.58

$ 2.62

$ 2.34

Total stockholder return (change in stock price)

(39.70%)

12.00%

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (453,273)

$ (448,335)

$ (1,664,793)

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

270,058

493,290

255,114

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(211,412)

65,731

(1,156,271)

PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(72,123)

41,331

(257,925)

PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(173,475)

(164,820)

(612,023)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

54,734

116,387

93,787

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(26,535)

15,509

(425,076)

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

22,141

8,192

0

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(45,204)

660

(86,472)

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

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (16,916)

$ (11,200)

$ 0