Pay vs Performance Disclosure - USD ($)
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12 Months Ended |
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 29, 2023 |
Dec. 30, 2022 |
Dec. 31, 2021 |
| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
| Year | | Summary
Compensation
Table Total for
PEO (1) | | | Compensation
Actually Paid to
PEO (2) | | | Average
Summary
Compensation
Table Total for
Non-PEO
NEOs (3) | | | Average
Compensation
Actually Paid to
Non-PEO
NEOs (4) | | | Value of Initial
Fixed $100
Investment
Based On Total
Shareholder
Return (5) | | | Net Income
(Loss) | | | 2024 | | $ | 475,239 | | | $ | 3,942,063 | | | $ | 286,636 | | | $ | 2,909,636 | | | $ | 128.62 | | | $ | (17,523,629 | ) | | 2023 | | $ | 333,649 | | | $ | (1,143,851 | ) | | $ | 1,029,036 | | | $ | 311,223 | | | $ | 6.88 | | | $ | (23,693,556 | ) | | 2022 | | $ | 1,749,159 | | | $ | (610,841 | ) | | $ | 1,038,907 | | | $ | (1,641,593 | ) | | $ | 43.48 | | | $ | (19,436,479 | ) |
| (1) | The dollar amounts reported are the amounts of total compensation reported for our PEO, Michael Mo, in the Summary Compensation Table of our Form 10-K for fiscal years 2024, 2023 and 2022. |
| (2) | The dollar amounts reported represent the amount of “compensation actually paid”, as computed in accordance with SEC rules. The dollar amounts reported are the amounts of total compensation reported for Mr. Mo during the applicable year, but also include (i) the year-end value of equity awards granted during the reported year, (ii) the change in the value of equity awards that were unvested at the end of the prior year, measured through the date the awards vested, or through the end of the reported fiscal year, (iii) the value of equity awards issued and vested during the reported fiscal year, and (iv) reduced by the value of equity awards granted in prior years that were forfeited in subsequent years. |
| (3) | The dollar amounts reported are the average of the total compensation reported for our Other NEOs, other than our PEO, namely Mr. Canter for 2024 and 2023, Mr. Walker for 2024, 2023 and 2022, and Mr. Cochran for 2022. | | (4) | The dollar amounts reported represent the average amount of “compensation actually paid”, as computed in accordance with SEC rules, for our Other NEOs, other than our PEO. The dollar amounts reported are the average of the total compensation reported for our Other NEOs, other than our PEO in the Summary Compensation Table for fiscal years 2024, 2023 and 2022, but also include (i) the year-end value of equity awards granted during the reported year, (ii) the change in the value of equity awards that were unvested at the end of the prior year, measured through the date the awards vested, or through the end of the reported fiscal year, (iii) the value of equity awards issued and vested during the reported fiscal year, and (iv) reduced by the value of equity awards granted in prior years that were forfeited in subsequent years. | | (5) | Assumes an investment of $100 for the period starting on January 1, 2022 through the end of the listed fiscal year. The closing prices of the Company’s common stock as reported on Nasdaq, as applicable, on the following trading days were: (i) $22.08 on December 31, 2021; (ii) $9.60 on December 30, 2022; (iii) $1.52 on December 29, 2023; and (iv) $28.40 on December 31, 2024. |
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| Named Executive Officers, Footnote |
(1)The dollar amounts reported are the amounts of total compensation reported for our PEO, Michael Mo, in the Summary Compensation Table of our Form 10-K for fiscal years 2024, 2023 and 2022.(3)The dollar amounts reported are the average of the total compensation reported for our Other NEOs, other than our PEO, namely Mr. Canter for 2024 and 2023, Mr. Walker for 2024, 2023 and 2022, and Mr. Cochran for 2022.
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| PEO Total Compensation Amount |
$ 475,239
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$ 333,649
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$ 1,749,159
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| PEO Actually Paid Compensation Amount |
$ 3,942,063
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(1,143,851)
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(610,841)
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| Adjustment To PEO Compensation, Footnote |
To calculate the amounts of compensation actually
paid each of the PEO and Other NEOs reported in the table above, the following amounts were deducted from and added (as applicable) to
compensation as reported in the Summary Compensation Table: | | | PEO | | | Other NEOs | | | | | 2024 | | | 2023 | | | 2022 | | | 2024 | | | 2023 | | | 2022 | | | Summary Compensation Table Total | | $ | 475,239 | | | $ | 333,649 | | | $ | 1,749,159 | | | $ | 286,636 | | | $ | 1,029,036 | | | $ | 1,038,907 | | | Less: Grant Date Fair Value of Equity Awards (1) | | | (103,043 | ) | | | - | | | | (1,443,000 | ) | | | - | | | | (823,000 | ) | | | (823,000 | ) | | Less: Prior Year-End Fair Value of Equity Awards Granted in | | | | | | | | | | | | | | | | | | | | | | | | | | Prior Years that Forfeited During the Fiscal Year | | | - | | | | - | | | | (2,717,000 | ) | | | - | | | | - | | | | (1,545,000 | ) | | Add: Year-End Fair Value of Equity Awards Granted in the Year | | | 1,016,117 | | | | - | | | | 1,800,000 | | | | - | | | | 175,750 | | | | 990,000 | | | Add: Year over Year Change in Fair Value of Outstanding and | | | | | | | | | | | | | | | | | | | | | | | | | | Unvested Equity Awards | | | 2,520,000 | | | | (1,136,250 | ) | | | - | | | | 2,583,000 | | | | (56,813 | ) | | | (1,170,000 | ) | | Add: Year over Year Change in Fair Value of Equity Awards Granted | | | | | | | | | | | | | | | | | | | | | | | | | | in Prior Years that Vested in the Year | | | 33,750 | | | | (341,250 | ) | | | - | | | | 40,000 | | | | (13,750 | ) | | | (132,500 | ) | | Compensation Actually Paid | | $ | 3,942,063 | | | $ | (1,143,851 | ) | | $ | (610,841 | ) | | $ | 2,909,636 | | | $ | 311,223 | | | $ | (1,641,593 | ) |
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| Non-PEO NEO Average Total Compensation Amount |
$ 286,636
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1,029,036
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1,038,907
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| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 2,909,636
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311,223
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(1,641,593)
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| Adjustment to Non-PEO NEO Compensation Footnote |
To calculate the amounts of compensation actually
paid each of the PEO and Other NEOs reported in the table above, the following amounts were deducted from and added (as applicable) to
compensation as reported in the Summary Compensation Table: | | | PEO | | | Other NEOs | | | | | 2024 | | | 2023 | | | 2022 | | | 2024 | | | 2023 | | | 2022 | | | Summary Compensation Table Total | | $ | 475,239 | | | $ | 333,649 | | | $ | 1,749,159 | | | $ | 286,636 | | | $ | 1,029,036 | | | $ | 1,038,907 | | | Less: Grant Date Fair Value of Equity Awards (1) | | | (103,043 | ) | | | - | | | | (1,443,000 | ) | | | - | | | | (823,000 | ) | | | (823,000 | ) | | Less: Prior Year-End Fair Value of Equity Awards Granted in | | | | | | | | | | | | | | | | | | | | | | | | | | Prior Years that Forfeited During the Fiscal Year | | | - | | | | - | | | | (2,717,000 | ) | | | - | | | | - | | | | (1,545,000 | ) | | Add: Year-End Fair Value of Equity Awards Granted in the Year | | | 1,016,117 | | | | - | | | | 1,800,000 | | | | - | | | | 175,750 | | | | 990,000 | | | Add: Year over Year Change in Fair Value of Outstanding and | | | | | | | | | | | | | | | | | | | | | | | | | | Unvested Equity Awards | | | 2,520,000 | | | | (1,136,250 | ) | | | - | | | | 2,583,000 | | | | (56,813 | ) | | | (1,170,000 | ) | | Add: Year over Year Change in Fair Value of Equity Awards Granted | | | | | | | | | | | | | | | | | | | | | | | | | | in Prior Years that Vested in the Year | | | 33,750 | | | | (341,250 | ) | | | - | | | | 40,000 | | | | (13,750 | ) | | | (132,500 | ) | | Compensation Actually Paid | | $ | 3,942,063 | | | $ | (1,143,851 | ) | | $ | (610,841 | ) | | $ | 2,909,636 | | | $ | 311,223 | | | $ | (1,641,593 | ) |
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| Total Shareholder Return Amount |
$ 128.62
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6.88
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43.48
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| Net Income (Loss) |
$ (17,523,629)
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(23,693,556)
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(19,436,479)
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| PEO Name |
Michael Mo
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| Common Stock, Closing Price |
$ 28.4
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$ 1.52
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$ 9.6
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$ 22.08
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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 |
$ (103,043)
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(1,443,000)
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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 |
1,016,117
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1,800,000
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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 |
33,750
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(341,250)
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| PEO | Prior Year-End Fair Value of Equity Awards Granted in Prior Years that Forfeited During the Fiscal Year [Member] |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(2,717,000)
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| PEO | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member] |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
2,520,000
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(1,136,250)
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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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(823,000)
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(823,000)
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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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175,750
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990,000
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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 |
40,000
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(13,750)
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(132,500)
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| Non-PEO NEO | Prior Year-End Fair Value of Equity Awards Granted in Prior Years that Forfeited During the Fiscal Year [Member] |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(1,545,000)
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| Non-PEO NEO | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member] |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ 2,583,000
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$ (56,813)
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$ (1,170,000)
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