Pay vs Performance Disclosure - USD ($)
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12 Months Ended |
36 Months Ended |
Jan. 31, 2026 |
Jan. 31, 2025 |
Jan. 31, 2024 |
Jan. 31, 2026 |
| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
Pay Versus Performance
The following tables and related disclosures provide information about (i) the “total compensation” of our principal executive officer (“PEO”), and the average of the “total compensation” of our other Named Executive Officers as presented in the Summary Compensation Table for the applicable year, (ii) the “Compensation Actually Paid” to our PEO and the average “Compensation Actually Paid” to our other Named Executive Officers, as calculated pursuant to Item 402(v) of Regulation S-K under the Exchange Act, (iii) certain financial performance measures, and (iv) the relationship of the “compensation actually paid” of the PEO and, on average, our other Named Executive Officers, to those financial performance measures.
This disclosure has been prepared in accordance with Item 402(v) of Regulation S-K and does not necessarily reflect value actually realized by the executives or how our Compensation Committee evaluates compensation decisions in light of company or individual performance.
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Average summary
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Average
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Value of Initial
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compensation
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compensation
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Fixed $100
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Net income (loss)
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Summary
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table
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actually paid to
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investment based
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attributable to
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compensation
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Compensation
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total for non-PEO
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non-PEO Named
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on Total
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common
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table
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actually paid to
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Named Executive
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Executive Officers
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Shareholder Return
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stockholders
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Year
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total for PEO (1)
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PEO (2)(3)
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Officers (1)
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(1)(2)(3)
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(4)
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(in thousands)
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2026
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$ |
815,491 |
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$ |
748,055 |
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|
$ |
702,127 |
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|
$ |
645,047 |
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|
$ |
132.58 |
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$ |
750 |
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2025
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|
$ |
678,293 |
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$ |
933,926 |
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|
$ |
541,511 |
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$ |
739,500 |
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|
$ |
147.27 |
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|
$ |
17,603 |
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|
2024
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|
$ |
298,434 |
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$ |
289,664 |
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$ |
267,234 |
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$ |
262,033 |
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$ |
90.91 |
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$ |
(3,514 |
) |
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(1)
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The Company’s principal executive officer (“PEO”) for fiscal 2026, 2025 and 2024 was Robert P. Capps. The non-PEO Named Executive Officer for fiscal 2026, 2025 and 2024 was Mark A. Cox.
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| PEO Total Compensation Amount |
$ 815,491
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$ 678,293
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$ 298,434
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| PEO Actually Paid Compensation Amount |
$ 748,055
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933,926
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289,664
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| Adjustment To PEO Compensation, Footnote |
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(2)
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The amounts shown as Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received by the Company’s Named Executive Officers. These amounts reflect total compensation as set forth in the Summary Compensation Table for each year, adjusted as described in footnote 3 below and averaged for the non-PEO Named Executive Officers.
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(3)
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Compensation Actually Paid reflects the exclusions and inclusions for the PEO and, on average, the non-PEO Named Executive Officers set forth below. Amounts excluded, which are set forth in the “Minus Stock Awards from Summary Compensation Table” columns below, represent the Stock Awards reported in the “Stock Awards” column of the Summary Compensation Table for each applicable year. Amounts added back to determine Compensation Actually Paid are made up of the following components which are set forth in the table below, as applicable: (i) the fair value as of the end of the fiscal year of outstanding and unvested equity awards granted in that year; (ii) the change in fair value during the year of equity awards granted in prior years that remained outstanding and unvested at the end of the year; (iii) the fair value as of the vesting date of equity awards that were granted and vested in that year; and (iv) the change in fair value during the year through the vesting date of equity awards granted in prior years that vested during that year. The fair value at the end of the prior year of awards granted in any prior year that failed to meet applicable vesting conditions during the covered year are subtracted. The dollar value of any dividends or other earnings paid on stock awards in a covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year are added. Equity values are calculated in accordance with ASC Topic 718.
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Plus change in
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Plus year-end
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the value of
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Minus stock
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equity value of
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unvested
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Plus change in
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Summary
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awards from
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unvested
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awards
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Plus value of
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value of prior
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compensation
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summary
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awards
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granted in
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awards granted
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year awards
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Compensation
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table total for
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compensation
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granted during
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prior
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and vested
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vested during
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actually paid to
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Year
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PEO
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table
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year
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years
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during year
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year
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PEO
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2026
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$ |
815,491 |
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$ |
382,536 |
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$ |
384,000 |
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$ |
(45,934 |
) |
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$ |
0 |
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|
$ |
(22,966 |
) |
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$ |
748,055 |
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2025
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$ |
678,293 |
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$ |
260,900 |
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$ |
501,350 |
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$ |
9,202 |
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$ |
0 |
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$ |
5,981 |
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$ |
933,926 |
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2024
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$ |
298,434 |
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$ |
0 |
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$ |
0 |
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$ |
(5,577 |
) |
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$ |
0 |
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$ |
(3,193 |
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$ |
289,664 |
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Average
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summary
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Plus change in
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Average
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compensation
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Plus year-end
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the value of
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compensation
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table total for
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Minus stock
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equity value of
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unvested
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Plus change in
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actually paid to
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non-PEO
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awards from
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unvested
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awards
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Plus value of
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value of prior
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non-PEO
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named
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summary
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awards
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granted in
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awards granted
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year awards
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named
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executive
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compensation
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granted during
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prior
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and vested
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vested during
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executive
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Year
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officers
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table
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year
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years
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during year
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year
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officers
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2026
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$ |
702,127 |
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$ |
318,780 |
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$ |
320,000 |
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$ |
(38,867 |
) |
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$ |
0 |
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$ |
(19,433 |
) |
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$ |
645,047 |
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2025
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$ |
541,511 |
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$ |
232,660 |
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$ |
421,450 |
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$ |
5,520 |
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$ |
0 |
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$ |
3,679 |
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$ |
739,500 |
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2024
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$ |
267,234 |
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$ |
0 |
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|
$ |
0 |
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|
$ |
(3,314 |
) |
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$ |
0 |
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$ |
(1,887 |
) |
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$ |
262,033 |
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(4)
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Total Shareholder Return illustrates the value, as of the last day of the indicated fiscal year, of an investment of $100 in Company common stock on January 31, 2023.
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| Non-PEO NEO Average Total Compensation Amount |
$ 702,127
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541,511
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267,234
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| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 645,047
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739,500
|
262,033
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|
| Adjustment to Non-PEO NEO Compensation Footnote |
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(2)
|
The amounts shown as Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received by the Company’s Named Executive Officers. These amounts reflect total compensation as set forth in the Summary Compensation Table for each year, adjusted as described in footnote 3 below and averaged for the non-PEO Named Executive Officers.
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(3)
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Compensation Actually Paid reflects the exclusions and inclusions for the PEO and, on average, the non-PEO Named Executive Officers set forth below. Amounts excluded, which are set forth in the “Minus Stock Awards from Summary Compensation Table” columns below, represent the Stock Awards reported in the “Stock Awards” column of the Summary Compensation Table for each applicable year. Amounts added back to determine Compensation Actually Paid are made up of the following components which are set forth in the table below, as applicable: (i) the fair value as of the end of the fiscal year of outstanding and unvested equity awards granted in that year; (ii) the change in fair value during the year of equity awards granted in prior years that remained outstanding and unvested at the end of the year; (iii) the fair value as of the vesting date of equity awards that were granted and vested in that year; and (iv) the change in fair value during the year through the vesting date of equity awards granted in prior years that vested during that year. The fair value at the end of the prior year of awards granted in any prior year that failed to meet applicable vesting conditions during the covered year are subtracted. The dollar value of any dividends or other earnings paid on stock awards in a covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year are added. Equity values are calculated in accordance with ASC Topic 718.
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Plus change in
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Plus year-end
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the value of
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Minus stock
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equity value of
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unvested
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Plus change in
|
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Summary
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|
awards from
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unvested
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|
awards
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|
Plus value of
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|
value of prior
|
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|
|
|
|
| |
|
compensation
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|
summary
|
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|
awards
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|
granted in
|
|
|
awards granted
|
|
|
year awards
|
|
|
Compensation
|
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| |
|
table total for
|
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|
compensation
|
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|
granted during
|
|
|
prior
|
|
|
and vested
|
|
|
vested during
|
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|
actually paid to
|
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|
Year
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|
PEO
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|
table
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|
year
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|
years
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during year
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|
year
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|
PEO
|
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|
2026
|
|
$ |
815,491 |
|
|
$ |
382,536 |
|
|
$ |
384,000 |
|
|
$ |
(45,934 |
) |
|
$ |
0 |
|
|
$ |
(22,966 |
) |
|
$ |
748,055 |
|
|
2025
|
|
$ |
678,293 |
|
|
$ |
260,900 |
|
|
$ |
501,350 |
|
|
$ |
9,202 |
|
|
$ |
0 |
|
|
$ |
5,981 |
|
|
$ |
933,926 |
|
|
2024
|
|
$ |
298,434 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
(5,577 |
) |
|
$ |
0 |
|
|
$ |
(3,193 |
) |
|
$ |
289,664 |
|
| |
|
Average
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|
summary
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Plus change in
|
|
|
|
|
|
|
|
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|
|
Average
|
|
| |
|
compensation
|
|
|
|
|
|
|
Plus year-end
|
|
|
the value of
|
|
|
|
|
|
|
|
|
|
|
compensation
|
|
| |
|
table total for
|
|
|
Minus stock
|
|
|
equity value of
|
|
|
unvested
|
|
|
|
|
|
|
Plus change in
|
|
|
actually paid to
|
|
| |
|
non-PEO
|
|
|
awards from
|
|
|
unvested
|
|
|
awards
|
|
|
Plus value of
|
|
|
value of prior
|
|
|
non-PEO
|
|
| |
|
named
|
|
|
summary
|
|
|
awards
|
|
|
granted in
|
|
|
awards granted
|
|
|
year awards
|
|
|
named
|
|
| |
|
executive
|
|
|
compensation
|
|
|
granted during
|
|
|
prior
|
|
|
and vested
|
|
|
vested during
|
|
|
executive
|
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|
Year
|
|
officers
|
|
|
table
|
|
|
year
|
|
|
years
|
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|
during year
|
|
|
year
|
|
|
officers
|
|
|
2026
|
|
$ |
702,127 |
|
|
$ |
318,780 |
|
|
$ |
320,000 |
|
|
$ |
(38,867 |
) |
|
$ |
0 |
|
|
$ |
(19,433 |
) |
|
$ |
645,047 |
|
|
2025
|
|
$ |
541,511 |
|
|
$ |
232,660 |
|
|
$ |
421,450 |
|
|
$ |
5,520 |
|
|
$ |
0 |
|
|
$ |
3,679 |
|
|
$ |
739,500 |
|
|
2024
|
|
$ |
267,234 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
(3,314 |
) |
|
$ |
0 |
|
|
$ |
(1,887 |
) |
|
$ |
262,033 |
|
| |
(4)
|
Total Shareholder Return illustrates the value, as of the last day of the indicated fiscal year, of an investment of $100 in Company common stock on January 31, 2023.
|
|
|
|
|
| Total Shareholder Return Amount |
$ 132.58
|
147.27
|
90.91
|
|
| Net Income (Loss) |
750,000
|
17,603,000
|
(3,514,000)
|
|
| PEO Name |
|
|
|
Robert P. Capps
|
| PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
|
|
|
|
| Pay vs Performance Disclosure |
|
|
|
|
| Adjustment to Compensation, Amount |
382,536
|
260,900
|
0
|
|
| 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 |
384,000
|
501,350
|
0
|
|
| 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 |
(45,934)
|
9,202
|
(5,577)
|
|
| 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 |
(22,966)
|
5,981
|
(3,193)
|
|
| 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 |
318,780
|
232,660
|
0
|
|
| 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 |
320,000
|
421,450
|
0
|
|
| 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 |
(38,867)
|
5,520
|
(3,314)
|
|
| 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
|
0
|
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 |
$ (19,433)
|
$ 3,679
|
$ (1,887)
|
|