v3.25.2
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Year
​ ​
Summary
Compensation
Table Total for
PEO(1)
($)
​ ​
Compensation
Actually Paid to
PEO(1)(2)(3)
($)
​ ​
Average Summary
Compensation
Table Total for
Non-PEO NEOs(1)
($)
​ ​
Average
Compensation
Actually Paid to
Non-PEO
NEOs(1)(2)(3)
($)
​ ​
Value of Initial
Fixed $100
Investment
based on
Total
Shareholder
Return(4)
($)
​ ​
Net Income
(Loss)
($ in Millions)
​
2024
​ ​ ​ ​ 1,406,801 ​ ​ ​ ​ ​ 1,032,728 ​ ​ ​ ​ ​ 933,947 ​ ​ ​ ​ ​ 627,971 ​ ​ ​ ​ ​ 0.26 ​ ​ ​ ​ ​ (9.0) ​ ​
2023
​ ​ ​ ​ 1,255,188 ​ ​ ​ ​ ​ 1,219,056 ​ ​ ​ ​ ​ 923,451 ​ ​ ​ ​ ​ 886,422 ​ ​ ​ ​ ​ 1.80 ​ ​ ​ ​ ​ (8.7) ​ ​
2022
​ ​ ​ ​ 1,966,799 ​ ​ ​ ​ ​ 941,195 ​ ​ ​ ​ ​ 1,627,805 ​ ​ ​ ​ ​ 687,668 ​ ​ ​ ​ ​ 6.24 ​ ​ ​ ​ ​ (9.4) ​ ​
​
(1)
Michael Myers was our PEO for each year presented. Denise Carter and Gordon Dunn were our Non-PEO NEOs for each year presented. See footnote 1 of “Summary Compensation Table for Fiscal 2024”.
​
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by our named executive officers. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
​
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
​
Year
​ ​
Summary
Compensation
Table Total ($)
​ ​
Exclusion of
Option Awards
($)
​ ​
Inclusion of
Equity Values
($)
​ ​
Compensation
Actually Paid to
($)
​
2024
​ ​ PEO ​ ​ ​ ​ 1,406,801 ​ ​ ​ ​ ​ (353,013) ​ ​ ​ ​ ​ (21,060) ​ ​ ​ ​ ​ 1,032,728 ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 933,947 ​ ​ ​ ​ ​ (288,015) ​ ​ ​ ​ ​ (17,961)] ​ ​ ​ ​ ​ 627,971 ​ ​
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
​ ​
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
​ ​
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
​ ​
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
​ ​
Total —
Inclusion of
Equity
Values ($)
​
2024
​ ​ PEO ​ ​ ​ ​ 289,078 ​ ​ ​ ​ ​ (248,708) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (61,431) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (21,060) ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 235,852 ​ ​ ​ ​ ​ (203,442) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (50,371) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (17,961) ​ ​
​
(4)
TSR is determined based on the value of an initial fixed investment of $100 in Quoin’s ADSs at December 31, 2021.
   
Named Executive Officers, Footnote
(1)
Michael Myers was our PEO for each year presented. Denise Carter and Gordon Dunn were our Non-PEO NEOs for each year presented. See footnote 1 of “Summary Compensation Table for Fiscal 2024”.
   
PEO Total Compensation Amount $ 1,406,801 $ 1,255,188 $ 1,966,799
PEO Actually Paid Compensation Amount $ 1,032,728 1,219,056 941,195
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
​
Year
​ ​
Summary
Compensation
Table Total ($)
​ ​
Exclusion of
Option Awards
($)
​ ​
Inclusion of
Equity Values
($)
​ ​
Compensation
Actually Paid to
($)
​
2024
​ ​ PEO ​ ​ ​ ​ 1,406,801 ​ ​ ​ ​ ​ (353,013) ​ ​ ​ ​ ​ (21,060) ​ ​ ​ ​ ​ 1,032,728 ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 933,947 ​ ​ ​ ​ ​ (288,015) ​ ​ ​ ​ ​ (17,961)] ​ ​ ​ ​ ​ 627,971 ​ ​
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
​ ​
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
​ ​
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
​ ​
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
​ ​
Total —
Inclusion of
Equity
Values ($)
​
2024
​ ​ PEO ​ ​ ​ ​ 289,078 ​ ​ ​ ​ ​ (248,708) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (61,431) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (21,060) ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 235,852 ​ ​ ​ ​ ​ (203,442) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (50,371) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (17,961) ​ ​
   
Non-PEO NEO Average Total Compensation Amount $ 933,947 923,451 1,627,805
Non-PEO NEO Average Compensation Actually Paid Amount $ 627,971 886,422 687,668
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
​
Year
​ ​
Summary
Compensation
Table Total ($)
​ ​
Exclusion of
Option Awards
($)
​ ​
Inclusion of
Equity Values
($)
​ ​
Compensation
Actually Paid to
($)
​
2024
​ ​ PEO ​ ​ ​ ​ 1,406,801 ​ ​ ​ ​ ​ (353,013) ​ ​ ​ ​ ​ (21,060) ​ ​ ​ ​ ​ 1,032,728 ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 933,947 ​ ​ ​ ​ ​ (288,015) ​ ​ ​ ​ ​ (17,961)] ​ ​ ​ ​ ​ 627,971 ​ ​
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
​ ​
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
​ ​
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
​ ​
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
​ ​
Total —
Inclusion of
Equity
Values ($)
​
2024
​ ​ PEO ​ ​ ​ ​ 289,078 ​ ​ ​ ​ ​ (248,708) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (61,431) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (21,060) ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 235,852 ​ ​ ​ ​ ​ (203,442) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (50,371) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (17,961) ​ ​
   
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: lc_companytsr-4c.jpg]
   
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: lc_netloss-4c.jpg]
   
Total Shareholder Return Amount $ 0.26 1.8 6.24
Net Income (Loss) $ (9,000,000) $ (8,700,000) $ (9,400,000)
PEO Name Michael Myers    
Equity Awards Adjustments, Footnote
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
​ ​
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
​ ​
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
​ ​
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
​ ​
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
​ ​
Total —
Inclusion of
Equity
Values ($)
​
2024
​ ​ PEO ​ ​ ​ ​ 289,078 ​ ​ ​ ​ ​ (248,708) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (61,431) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (21,060) ​ ​
​ ​ ​
Other NEOS Average
​ ​ ​ ​ 235,852 ​ ​ ​ ​ ​ (203,442) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (50,371) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (17,961) ​ ​
   
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (353,013)    
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (21,060)    
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 289,078    
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 (248,708)    
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 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 (61,431)    
PEO | Equity Awards Adjustments Change In Fair Value Of Awards Granted In Prior Years Forfeited During Current Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 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 (288,015)    
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (17,961)    
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 235,852    
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 (203,442)    
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 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 (50,371)    
Non-PEO NEO | Equity Awards Adjustments Change In Fair Value Of Awards Granted In Prior Years Forfeited During Current Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0