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2025-01-01 2025-12-31 0001043186 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember slng:MrBallardMember 2025-01-01 2025-12-31 0001043186 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember slng:MrBallardMember 2025-01-01 2025-12-31 0001043186 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember slng:MrBallardMember 2025-01-01 2025-12-31 0001043186 slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember slng:MrCrenshawMember 2025-01-01 2025-12-31 0001043186 2023-01-01 2025-01-31 0001043186 2025-02-01 2025-12-31 0001043186 slng:MrCrenshawMember 2023-01-01 2023-12-31 0001043186 slng:MrCrenshawMember 2024-01-01 2024-12-31 iso4217:USD false 0001043186 DEF 14A STABILIS SOLUTIONS, INC. true Pay Versus Performance Table As required under SEC rules adopted pursuant to the Dodd-Frank Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation and certain measurements of the Company's performance. The following table sets forth the information of our NEOs, consisting of the Company's primary executive officer ("PEO") and primary financial officer ("PFO") for the fiscal years ended December 31, 2025, 2024, and 2023. The amounts represented under "compensation actually paid" ("CAP") are computed in accordance with SEC rules relative to Item 402(v) of Regulation S-K, and do not reflect the actual compensation paid or earned during each fiscal year. See footnotes (2) and (4) below for further information. <div> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tbody><tr class="finHeading" style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 10%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" rowspan="1" style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;"> PEO 1 Mr. Crenshaw (Current) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" rowspan="1" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;"> PEO 2 Mr. Ballard (Former) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 12%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 7%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 14%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 5%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr class="finHeading" style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 10%;"> Year (1) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Summary Compensation Table Total for PEO ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Compensation Actually Paid to PEO ($) (2) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Summary Compensation Table Total for PEO ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Compensation Actually Paid to PEO ($) (2) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Summary Compensation Table Total for Non-PEO NEOs($) (3) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Compensation Actually Paid to Non-PEO NEOs($) (4) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Value of Initial Fixed $100 Investment Based on Total Shareholder Return ($) (7) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> Net Income (loss) ($) (000's) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr class="finHeading" style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 10%;"> (a) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (b) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (c) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (b) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (c) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (d) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (e) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (f) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> (g) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 10%;"> 2025 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">459,969</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">459,969</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,533,693</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,908,709</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">536,086</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">583,611</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">86</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">(1,354</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 10%;"> 2024 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">551,872</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">557,697</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">476,192</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">477,357</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">101</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">4,599</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 10%;"> 2023 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,319,920</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">986,111</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">544,109</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 7%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">464,313</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">78</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">125</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </tbody></table> </div> <hr style="text-align: left; height: 1px; color: #000000; background-color: #000000; width: 10%; border: none; margin: 3pt auto 3pt 0"/> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr style="vertical-align: top;"> <td style="width: 36pt;"> (1) </td> <td style="width: auto;"> For all years the Non-PEO NEO is Mr. Puhala (PFO). During 2025, the PEO 1 is Mr. Crenshaw (current) and PEO 2 is Mr. Ballard (former). </td> </tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr style="vertical-align: top;"> <td style="width: 36pt;"> (2) </td> <td style="width: auto;"> Amounts in column (c) represent "compensation actually paid"("CAP"), computed under the definition of Item 402(v) of Regulation S-K; and do not represent the actual amount of compensation paid or earned during the applicable year. Accordingly, stock-based awards have been adjusted to reflect fair value based on the Company's stock price at either the end of the applicable year or at the vesting date, as opposed to the price at the date of grant under FASB ASC 718. The following is a detail of the adjustments, reconciling column (b) to column (c) on the above "Pay versus Performance" Table: </td> </tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr style="vertical-align: top;"> <td style="width: 36pt;"> (3) </td> <td style="width: auto;"> Amounts represent the compensation, presented for the Company's non-PEO named executive officer per the Summary Compensation Table. </td> </tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr style="vertical-align: top;"> <td style="width: 36pt;"> (4) </td> <td style="width: auto;"> Amounts in column (e) represent "compensation actually paid"("CAP"), computed under the definition of Item 402(v) of Regulation S-K; and do not represent the actual amount of compensation paid or earned during the applicable year. For Column (e), the amount is based on the Company's non-PEO NEO. Accordingly, stock-based awards have been adjusted to reflect fair value based on the Company's stock price at either the end of the applicable year or at the vesting date, as opposed to the price at the date of grant under FASB ASC 718. A detail of the adjustments, reconciling column (d) to column (e) on the above "Pay versus Performance" Table is set forth in the table below. 2025 amounts are the same for Mr. Crenshaw with "compensation actually paid" reflecting no equity awards or related fair value recasts for Mr. Crenshaw. </td> </tr> </tbody></table> 459969 459969 1533693 1908709 536086 583611 86

-1354000

0 0 551872 557697 476192 477357 101

4599000

0 0 1319920 986111 544109 464313 78

125000

Mr. Crenshaw Mr. Ballard Reconciliation of PEO Compensation Table (column (b)) to CAP (column (c)) <div> <table cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 6%; margin-left: 6%; width: 88%; font-size: 9pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tbody><tr class="finHeading" style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%; border-bottom: 1px solid rgb(0, 0, 0);"> Year </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%; border-bottom: 1px solid rgb(0, 0, 0);"> Executive * </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Per Summary Compensation Table ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Subtract Awards granted during FY, value under ASC 718 ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Awards granted @ Year-End Value ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Change in Value of Prior Unvested Equity Awards ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Change in Value of Prior Vested Equity Awards ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Excess Fair Value for Equity Award Modification ($) (6) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Compensation Actually Paid ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2025 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%;"> PEO 1 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">459,969</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 8%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">459,969</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2025 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%;"> PEO 2 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,533,693</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 1%;"> (5) </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 12%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 8%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,707</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">376,723</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,908,709</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2025 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%;"> PEO Total </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">1,993,662</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 8%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(1,707</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">376,723</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">2,368,678</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2024 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%;"> PEO 2 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">551,872</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">41,774</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 8%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(35,949</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">557,697</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2023 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 9%;"> PEO 2 </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">1,319,920</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(33,413</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">33,413</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(195,199</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 8%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(138,610</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 5%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">986,111</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> </tbody></table> </div> <hr style="text-align: left; height: 1px; color: #000000; background-color: #000000; width: 10%; border: none; margin: 3pt auto 3pt 0"/> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr> <td style="width: 36pt; padding: 0pt; text-align: justify;"> * </td> <td style="width: auto; padding: 0pt; text-align: justify; font-size: 10pt;">PEO 1 is Mr. Crenshaw; PEO 2 is Mr. Ballard</td> </tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr> <td style="width: 36pt; padding: 0pt; text-align: justify;"> (5) </td> <td style="width: auto; padding: 0pt; text-align: justify; font-size: 10pt;">Includes base pay $50,623, separation pay of $884,615, consulting fees of $534,600 and other pay of $61,060 pursuant to Mr. Ballard's "Release and Consulting Agreement", and employer contributed 401(k) contributions of $2,795 per the Summary Compensation Table.</td> </tr> <tr> <td style="width: 36pt;"> (6) </td> <td style="width: auto; font-size: 10pt;">Value reflects excess fair value related to the separation modification on 01/31/2025. Note all the options expired unexercised at 12/31/2025.</td> </tr> </tbody></table> 459969 0 0 0 0 0 459969 1533693 0 0 0 -1707 376723 1908709 1993662 0 0 0 -1707 376723 2368678 551872 0 0 41774 -35949 0 557697 1319920 33413 33413 -195199 -138610 0 986111 Reconciliation of PFO Compensation Table (column (d)) to CAP (column (e)) <div> <table cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 6%; margin-left: 6%; width: 88%; font-size: 9pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tbody><tr class="finHeading" style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%; border-bottom: 1px solid rgb(0, 0, 0);"> Year </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 7%; border-bottom: 1px solid rgb(0, 0, 0);"> Executive </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Per Summary Compensation Table ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Subtract Awards granted during FY, value under ASC 718 ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Awards granted @ Year-End Value ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Change in Value of Prior Unvested Equity Awards ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Change in Value of Prior Vested Equity Awards ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Add Excess Fair Value for Equity Award Modification ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> Compensation Actually Paid ($) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2025 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 7%;"> PFO </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">536,086</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">47,525</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td style="width: 6%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">583,611</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2024 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 7%;"> PFO </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">476,192</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">8,355</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(7,190</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 6%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">477,357</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 4%;"> 2023 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; width: 1%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; width: 7%;"> PFO </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">544,109</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(8,183</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">8,183</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(39,040</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">(40,756</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 9%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt; text-align: right;">—</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt;"> </td> <td style="width: 6%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;">464,313</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 9pt; margin-left: 0pt;"> </td> </tr> </tbody></table> </div> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"> <tbody><tr style="vertical-align: top;"> <td style="width: 36pt;"> (7) </td> <td style="width: auto;"> Represents the cumulative Total Shareholder Return on an initial fixed $100 value, computed as the difference between the Company's share price at the end of the applicable year and at the beginning of the measurement period (December 31, 2022). </td> </tr> </tbody></table> 536086 0 0 0 47525 0 583611 476192 0 0 8355 -7190 0 477357 544109 -8183 8183 -39040 -40756 0 464313 Tabular List of Most Important Performance Measure The Company primarily uses the following financial performance measure to assess the Company's performance: <table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:29%;margin-left:0pt;margin-right:auto;"> <tbody><tr> <td style="border-bottom:solid 1px #000000;vertical-align:bottom;width:101.9%;"> Most Important Performance Measure </td> </tr> <tr style="background-color: rgb(204, 238, 255);"> <td style="vertical-align:bottom;width:101.9%;"> Adjusted EBITDA </td> </tr> </tbody></table> For additional information on our compensation see "Elements of Compensation" and "Annual Cash Bonuses and Annual Non-equity Incentive Plan Compensation" below. Adjusted EBITDA Policies and Practices for Granting Equity Awards The Compensation Committee has the responsibility for developing and maintaining an executive compensation policy including the granting of equity awards, consisting of stock appreciation rights, stock options, restricted stock units, restricted stock awards and similar instruments. The Board monitors the results of such policies. The Compensation Committee does not have a set policy regarding the timing of the approval and grant of equity awards; however, the Company does not grant and has not granted equity awards in anticipation of the release of material nonpublic information, nor timed the release of material nonpublic information based on grant dates of such instruments for the purpose of affecting the value of executive compensation. During the year ended December 31, 2025, (i) none of our NEOs were awarded stock options with an effective grant date during any period beginning four business days before the filing or furnishing of a Form 10-Q, Form 10-K or Form 8-K that disclosed material nonpublic information, and ending on business day after the filing or furnishing of such reports, and (ii) we did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. The Compensation Committee has the responsibility for developing and maintaining an executive compensation policy including the granting of equity awards, consisting of stock appreciation rights, stock options, restricted stock units, restricted stock awards and similar instruments. The Board monitors the results of such policies. The Compensation Committee does not have a set policy regarding the timing of the approval and grant of equity awards; however, the Company does not grant and has not granted equity awards in anticipation of the release of material nonpublic information, nor timed the release of material nonpublic information based on grant dates of such instruments for the purpose of affecting the value of executive compensation. false false false