v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended 36 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2025
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

Pay Versus Performance 

 

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of our Company for the fiscal years ended December 31, 2025, 2024 and 2023.

 

                                   

Value of Initial

         
                   

Average Summary

   

Average

   

Fixed $100

         
   

Summary

           

Compensation

   

Compensation

   

Investment Based

         
   

Compensation

   

Compensation

   

Table for Non-

   

Actually Paid

   

on Company

   

Net

 
   

Table Total

   

Actually paid

   

PEO Named

   

to Non-PEO Named

   

Total Shareholder

   

Income (Loss)

 

Year

 

per PEO (1)

   

to PEO (1)

   

Executive Officers (1)

   

Executive Officers (1)

   

Return

   

in 000's

 

2025

  $ 757,549     $ 996,973     $ 347,310     $ 402,498     $ 35.69     $ 5,242  

2024

  $ 877,649     $ 633,578     $ 417,633     $ 341,566     $ 23.71     $ 1,152  

2023

  $ 1,216,040     $ 1,332,023     $ 521,165     $ 553,000     $ 34.93     $ 7,649  

 

(1) Our CEO, Eric B. Blashford, served as our Principal Executive Officer (PEO) for each year reported. The other NEO's are represented by Daniel E. Schueller and Thomas A. Ciccone for 2023 and 2024 and Thomas A. Ciccone and Gilbert W. Mayo, Jr. for 2025.  

     
PEO Total Compensation Amount $ 757,549 $ 877,649 $ 1,216,040  
PEO Actually Paid Compensation Amount $ 996,973 633,578 1,332,023  
Adjustment To PEO Compensation, Footnote

Compensation Actually Paid (CAP) is defined by the SEC to include not only actual take-home pay for the reported year, but also (i) the year-end value of equity awards granted during the reported year, and (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 were forfeited, or through the end of the reported fiscal year. To calculate CAP, the following amounts were deducted from and added to the executives’ “total compensation” as reported in the Summary Compensation Table (SCT):

 

             

Minus

   

Plus

   

Plus (Minus)

   

Plus (Minus)

   

Plus (Minus)

   

Equals

 
                                        Change in Fair       Change in Fair          
                        Fair Value at Fiscal       Change in Fair       Value as of Vesting       Value as of Forfeit          
                        Year-End of       Value of       Date of Stock       Date of Stock          
      Summary     Grant Date Fair     Outstanding and     Outstanding and     Awards Granted in     Awards Granted in          
     

Compensation

   

Value of Stock

   

Unvested Stock

   

Unvested Stock

   

Prior Years that

   

Prior Years that

         
     

Table (SCT)

   

Awards Granted in

   

Awards Granted In

   

Awards Granted In

   

Vested During

   

Forfeited During

         
     

Total

   

Fiscal Year

   

Fiscal Year

   

Prior Fiscal Years

   

Fiscal Year

   

Fiscal Year

   

CAP

 
 

Year

 

$

   

$

   

$

   

$

   

$

   

$

   

$

 

PEO

2025

  $ 757,549     $ 259,877     $ 389,128     $ 109,187     $ 82,380     $ (81,395 )   $ 996,973  
 

2024

  $ 877,649     $ 330,001     $ 228,089     $ (142,293 )   $ 134     $ -     $ 633,578  
 

2023

  $ 1,216,040     $ 323,137     $ 218,049     $ 119,782     $ 162,564     $ (61,275 )   $ 1,332,023  

Average Non-

2025

  $ 347,310     $ 72,815     $ 109,029     $ 25,391     $ 16,217     $ (22,633 )   $ 402,498  

PEO NEOs

2024

  $ 417,633     $ 114,119     $ 78,876     $ (42,190 )   $ 1,366     $ -     $ 341,566  
 

2023

  $ 521,165     $ 110,638     $ 74,657     $ 31,896     $ 46,377     $ (10,458 )   $ 553,000  

 

 

     
Non-PEO NEO Average Total Compensation Amount $ 347,310 417,633 521,165  
Non-PEO NEO Average Compensation Actually Paid Amount $ 402,498 341,566 553,000  
Adjustment to Non-PEO NEO Compensation Footnote

Compensation Actually Paid (CAP) is defined by the SEC to include not only actual take-home pay for the reported year, but also (i) the year-end value of equity awards granted during the reported year, and (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 were forfeited, or through the end of the reported fiscal year. To calculate CAP, the following amounts were deducted from and added to the executives’ “total compensation” as reported in the Summary Compensation Table (SCT):

 

             

Minus

   

Plus

   

Plus (Minus)

   

Plus (Minus)

   

Plus (Minus)

   

Equals

 
                                        Change in Fair       Change in Fair          
                        Fair Value at Fiscal       Change in Fair       Value as of Vesting       Value as of Forfeit          
                        Year-End of       Value of       Date of Stock       Date of Stock          
      Summary     Grant Date Fair     Outstanding and     Outstanding and     Awards Granted in     Awards Granted in          
     

Compensation

   

Value of Stock

   

Unvested Stock

   

Unvested Stock

   

Prior Years that

   

Prior Years that

         
     

Table (SCT)

   

Awards Granted in

   

Awards Granted In

   

Awards Granted In

   

Vested During

   

Forfeited During

         
     

Total

   

Fiscal Year

   

Fiscal Year

   

Prior Fiscal Years

   

Fiscal Year

   

Fiscal Year

   

CAP

 
 

Year

 

$

   

$

   

$

   

$

   

$

   

$

   

$

 

PEO

2025

  $ 757,549     $ 259,877     $ 389,128     $ 109,187     $ 82,380     $ (81,395 )   $ 996,973  
 

2024

  $ 877,649     $ 330,001     $ 228,089     $ (142,293 )   $ 134     $ -     $ 633,578  
 

2023

  $ 1,216,040     $ 323,137     $ 218,049     $ 119,782     $ 162,564     $ (61,275 )   $ 1,332,023  

Average Non-

2025

  $ 347,310     $ 72,815     $ 109,029     $ 25,391     $ 16,217     $ (22,633 )   $ 402,498  

PEO NEOs

2024

  $ 417,633     $ 114,119     $ 78,876     $ (42,190 )   $ 1,366     $ -     $ 341,566  
 

2023

  $ 521,165     $ 110,638     $ 74,657     $ 31,896     $ 46,377     $ (10,458 )   $ 553,000  

 

 

     
Total Shareholder Return Amount $ 35.69 23.71 34.93  
Net Income (Loss) 5,242,000 $ 1,152,000 7,649,000  
Adjustment to Compensation, Amount     521,165  
PEO Name       Eric B. Blashford
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 259,877   323,137  
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 38,912   218,049  
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 10,918   119,782  
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 82,380   162,564  
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 (81,395)   (61,275)  
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 72,815   110,638  
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 109,029   74,657  
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 25,391   31,896  
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 16,217   46,377  
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 $ (22,633)   $ (10,458)