v3.26.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Pay versus Performance Table

The following table shows the total compensation for the named executive officers as set forth in the Summary Compensation Table, the compensation “actually paid” (“CAP”) to the NEOs, the Company’s total shareholder return (“TSR”), and our net income for the years ended December 31, 2025, 2024 and 2023. The tables below reflect the changes to stock-based compensation expense resulting from the Company’s restatement of its audited consolidated financial statements for the periods ended December 31, 2023 and 2022.

2025 Pay vs. Performance Table

Fiscal Year

  

Summary
compensation
table total for
PEO(1)

  

Compensation
actually paid
to PEO(1)(3)

  

Average
summary
compensation
table total
for non-PEO
NEOs(2)

  

Average
compensation
actually paid
to non-PEO
NEOs(2)(3)

  

Value of
initial
fixed $100
investment
based
on total
shareholder
return

  

Net income
(loss)
($000)

2025

  

$

508,205

  

$

(205,190

)

  

$

581,768

  

$

804,258

  

$

73

  

(18,674

)

2024

  

$

444,403

  

$

4,666,037

 

  

$

415,150

  

$

5,398,927

  

$

117

  

(68,542

)

2023

  

$

472,237

  

$

542,822

 

  

$

479,799

  

$

472,501

  

$

6

  

(27,883

)

2022

  

$

5,093,339

  

$

4,190,690

 

  

$

1,842,251

  

$

1,543,905

  

$

11

  

(38,593

)

2021

  

$

2,264,400

  

$

1,461,900

 

  

$

2,279,058

  

$

938,308

  

$

24

  

(27,898

)

____________

(1)      In the table above, our PEO in 2025 is Yuping Huang, PEO in 2024 is William McGann, and in 2021, 2022 and 2023 our PEO is Robert Liscouski.

(2)      The non-PEO NEOs for each applicable year are as follows:

– 2025: Christopher Boehmler, Christopher Roberts, William McGann, and Robert Liscouski

– 2024: Christopher Boehmler, Yuping Huang, and Robert Liscouski

– 2023: Christopher Boehmler, Christopher Roberts, Yuping Huang, William McGann, and David Morris

(3)      The SEC rules require that certain adjustments be made to the Summary Compensation Table (“SCT”) totals to determine CAP, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine CAP:

Year

  

Executives

  

SCT
total
($)

  

Deduct
grant
date fair
value
of stock
awards &
option
awards
($)

  

Add year-
end fair
value of
unvested
equity
granted in
the year
($)

  

Add year-
over-year
change in
fair value of
outstanding
and
unvested
equity
granted in
prior years
($)

  

Add fair
value
as of
vesting
date of
equity
awards
granted
and
vested in
the year
($)

  

Add year-
over-year
change in
fair value
of equity
awards
granted in
prior years
that vested
in the year
($)

  

Deduct
fair value
at the end
of the
prior year
of equity
awards
that failed
to meet
vesting
conditions
in the year
($)

2025

  

PEO

  

508,205

  

(84,395

)

  

—

  

—

 

  

—

  

(629,000

)

    
   

Non-PEO NEOs (average)

  

581,768

  

(401,920

)

  

513,000

  

—

 

  

622,472

  

(511,063

)

    

2024

  

PEO

  

444,403

  

—

 

  

—

  

—

 

  

165,672

  

4,055,962

 

    
   

Non-PEO NEOs (average)

  

415,150

  

(142,359

)

  

1,112,210

  

1,216,196

 

  

139,280

  

2,658,450

 

    

2023

  

PEO

  

472,237

  

(69,107

)

  

71,017

  

(76,268

)

  

214,583

  

(69,640

)

  

—
   

Non-PEO NEOs (average)

  

479,799

  

(130,079

)

  

64,319

  

(69,041

)

  

194,357

  

(66,853

)

  

—
       
PEO Total Compensation Amount [1] $ 508,205 $ 444,403 $ 472,237 $ 5,093,339 $ 2,264,400
PEO Actually Paid Compensation Amount [1],[2] $ (205,190) 4,666,037 542,822 4,190,690 1,461,900
Adjustment To PEO Compensation, Footnote

Year

  

Executives

  

SCT
total
($)

  

Deduct
grant
date fair
value
of stock
awards &
option
awards
($)

  

Add year-
end fair
value of
unvested
equity
granted in
the year
($)

  

Add year-
over-year
change in
fair value of
outstanding
and
unvested
equity
granted in
prior years
($)

  

Add fair
value
as of
vesting
date of
equity
awards
granted
and
vested in
the year
($)

  

Add year-
over-year
change in
fair value
of equity
awards
granted in
prior years
that vested
in the year
($)

  

Deduct
fair value
at the end
of the
prior year
of equity
awards
that failed
to meet
vesting
conditions
in the year
($)

2025

  

PEO

  

508,205

  

(84,395

)

  

—

  

—

 

  

—

  

(629,000

)

    
   

Non-PEO NEOs (average)

  

581,768

  

(401,920

)

  

513,000

  

—

 

  

622,472

  

(511,063

)

    

2024

  

PEO

  

444,403

  

—

 

  

—

  

—

 

  

165,672

  

4,055,962

 

    
   

Non-PEO NEOs (average)

  

415,150

  

(142,359

)

  

1,112,210

  

1,216,196

 

  

139,280

  

2,658,450

 

    

2023

  

PEO

  

472,237

  

(69,107

)

  

71,017

  

(76,268

)

  

214,583

  

(69,640

)

  

—
   

Non-PEO NEOs (average)

  

479,799

  

(130,079

)

  

64,319

  

(69,041

)

  

194,357

  

(66,853

)

  

—
       
Non-PEO NEO Average Total Compensation Amount [3] $ 581,768 415,150 479,799 1,842,251 2,279,058
Non-PEO NEO Average Compensation Actually Paid Amount [2],[3] $ 804,258 5,398,927 472,501 1,543,905 938,308
Adjustment to Non-PEO NEO Compensation Footnote

Year

  

Executives

  

SCT
total
($)

  

Deduct
grant
date fair
value
of stock
awards &
option
awards
($)

  

Add year-
end fair
value of
unvested
equity
granted in
the year
($)

  

Add year-
over-year
change in
fair value of
outstanding
and
unvested
equity
granted in
prior years
($)

  

Add fair
value
as of
vesting
date of
equity
awards
granted
and
vested in
the year
($)

  

Add year-
over-year
change in
fair value
of equity
awards
granted in
prior years
that vested
in the year
($)

  

Deduct
fair value
at the end
of the
prior year
of equity
awards
that failed
to meet
vesting
conditions
in the year
($)

2025

  

PEO

  

508,205

  

(84,395

)

  

—

  

—

 

  

—

  

(629,000

)

    
   

Non-PEO NEOs (average)

  

581,768

  

(401,920

)

  

513,000

  

—

 

  

622,472

  

(511,063

)

    

2024

  

PEO

  

444,403

  

—

 

  

—

  

—

 

  

165,672

  

4,055,962

 

    
   

Non-PEO NEOs (average)

  

415,150

  

(142,359

)

  

1,112,210

  

1,216,196

 

  

139,280

  

2,658,450

 

    

2023

  

PEO

  

472,237

  

(69,107

)

  

71,017

  

(76,268

)

  

214,583

  

(69,640

)

  

—
   

Non-PEO NEOs (average)

  

479,799

  

(130,079

)

  

64,319

  

(69,041

)

  

194,357

  

(66,853

)

  

—
       
Compensation Actually Paid vs. Total Shareholder Return

       
Total Shareholder Return Amount $ 73 117 6 11 24
Net Income (Loss) $ (18,674,000) $ (68,542,000) $ (27,883,000) $ (38,593,000) $ (27,898,000)
PEO Name Yuping Huang William McGann Robert Liscouski Robert Liscouski Robert Liscouski
PEO | Deduct grant date fair value of stock awards & option awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (84,395) $ (69,107)    
PEO | Add year-end fair value of unvested equity granted in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 71,017    
PEO | Add year-over- year change in fair value of outstanding and unvested equity granted in prior years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (76,268)    
PEO | Add fair value as of vesting date of equity awards granted and vested in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 165,672 214,583    
PEO | Add year- over-year change in fair value of equity awards granted in prior years that vested in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (629,000) 4,055,962 (69,640)    
PEO | Deduct fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
Non-PEO NEO | Deduct grant date fair value of stock awards & option awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (401,920) (142,359) (130,079)    
Non-PEO NEO | Add year-end fair value of unvested equity granted in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 513,000 1,112,210 64,319    
Non-PEO NEO | Add year-over- year change in fair value of outstanding and unvested equity granted in prior years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,216,196 (69,041)    
Non-PEO NEO | Add fair value as of vesting date of equity awards granted and vested in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 622,472 139,280 194,357    
Non-PEO NEO | Add year- over-year change in fair value of equity awards granted in prior years that vested in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   $ 2,658,450 (66,853)    
Non-PEO NEO | Deduct fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (511,063)      
[1] In the table above, our PEO in 2025 is Yuping Huang, PEO in 2024 is William McGann, and in 2021, 2022 and 2023 our PEO is Robert Liscouski.
[2] The SEC rules require that certain adjustments be made to the Summary Compensation Table (“SCT”) totals to determine CAP, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine CAP:
[3] The non-PEO NEOs for each applicable year are as follows:

– 2025: Christopher Boehmler, Christopher Roberts, William McGann, and Robert Liscouski

– 2024: Christopher Boehmler, Yuping Huang, and Robert Liscouski

– 2023: Christopher Boehmler, Christopher Roberts, Yuping Huang, William McGann, and David Morris