v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Year
Summary
Compensation
Table Total for
PEO
(1)
($)
Compensation
Actually Paid to
PEO
(1)(2)(3)
($)
Average Summary
Compensation
Table Total for
Non-PEO NEOs
(1)
($)
Average
Compensation
Actually Paid to
Non-PEO
NEOs
(1)(2)(3)
($)
Value of Initial
Fixed $100
Investment
based on
Total
Shareholder
Return
(4)
($)
Net Income
(Loss)
($ in Millions)
2025
1,507,345 1,600,101 858,289 881,550 2.42 (15.8)
2024
1,406,801 1,032,728 933,947 627,971 4.09 (9.0)
2023
1,255,188 1,219,056 923,451 886,422 28.79 (8.7)
(1)
Michael Myers was our PEO for each year presented. Denise Carter and Gordon Dunn were our Non-PEO NEOs for fiscal years 2023 and 2024, and Denise Carter and Sally Lawlor were our Non-PEO NEOs for fiscal year 2025. See footnote 1 of “Summary Compensation Table for Fiscal 2025”. Ms. Lawlor began working at the Company and serving as the Company’s Chief Financial Officer on August 18, 2025. Accordingly, the average Non-PEO NEO Average Summary Compensation Table Total and the Average Compenation Actually Paid for fiscal year 2025 reflect Ms. Lawlor’s pro-rated base salary and bonus amounts.
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by our named executive officers. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
Year
Summary
Compensation
Table Total ($)
Exclusion of
Option Awards
($)
Inclusion of
Equity Values
($)
Compensation
Actually Paid to
($)
2025
PEO 1,507,345 (331,285) 424,041 1,600,101
Other NEOs Average
858,289 (253,035) 276,296 881,550
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
Total —
Inclusion of
Equity
Values ($)
2025
PEO 553,514 85,724 0 (215,197) 0 424,041
Other NEOS Average
341,034 42,862 0 (107,600) 0 276,296
(4)
TSR is determined based on the value of an initial fixed investment of $100 in Quoin’s ADSs at December 31, 2022.
   
Named Executive Officers, Footnote
(1)
Michael Myers was our PEO for each year presented. Denise Carter and Gordon Dunn were our Non-PEO NEOs for fiscal years 2023 and 2024, and Denise Carter and Sally Lawlor were our Non-PEO NEOs for fiscal year 2025. See footnote 1 of “Summary Compensation Table for Fiscal 2025”.
   
PEO Total Compensation Amount $ 1,507,345 $ 1,406,801 $ 1,255,188
PEO Actually Paid Compensation Amount $ 1,600,101 1,032,728 1,219,056
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
Year
Summary
Compensation
Table Total ($)
Exclusion of
Option Awards
($)
Inclusion of
Equity Values
($)
Compensation
Actually Paid to
($)
2025
PEO 1,507,345 (331,285) 424,041 1,600,101
Other NEOs Average
858,289 (253,035) 276,296 881,550
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
Total —
Inclusion of
Equity
Values ($)
2025
PEO 553,514 85,724 0 (215,197) 0 424,041
Other NEOS Average
341,034 42,862 0 (107,600) 0 276,296
   
Non-PEO NEO Average Total Compensation Amount $ 858,289 933,947 923,451
Non-PEO NEO Average Compensation Actually Paid Amount $ 881,550 627,971 886,422
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Amounts in the Exclusion of Option Awards column are the totals from the Option Awards column set forth in the Summary Compensation Table, with equity values calculated in accordance with FASB ASC Topic 718.
Year
Summary
Compensation
Table Total ($)
Exclusion of
Option Awards
($)
Inclusion of
Equity Values
($)
Compensation
Actually Paid to
($)
2025
PEO 1,507,345 (331,285) 424,041 1,600,101
Other NEOs Average
858,289 (253,035) 276,296 881,550
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
Total —
Inclusion of
Equity
Values ($)
2025
PEO 553,514 85,724 0 (215,197) 0 424,041
Other NEOS Average
341,034 42,862 0 (107,600) 0 276,296
   
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: lc_companytsr-4c.jpg]
   
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: lc_netloss-4c.jpg]
   
Total Shareholder Return Amount $ 2.42 4.09 28.79
Net Income (Loss) $ (15,800,000) $ (9,000,000) $ (8,700,000)
PEO Name Michael Myers    
Equity Awards Adjustments, Footnote
The amounts in the Inclusion of Equity Values in the table above are derived from the amounts set forth in the following table, with fair values calculated in accordance with FASB ASC Topic 718:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Equity
Awards that
Vested
During Year
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
($)
Total —
Inclusion of
Equity
Values ($)
2025
PEO 553,514 85,724 0 (215,197) 0 424,041
Other NEOS Average
341,034 42,862 0 (107,600) 0 276,296
   
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (331,285)    
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 424,041    
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 553,514    
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 85,724    
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 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 (215,197)    
PEO | Equity Awards Adjustments Change In Fair Value Of Awards Granted In Prior Years Forfeited During Current Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
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 (253,035)    
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 276,296    
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 341,034    
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 42,862    
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    
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 (107,600)    
Non-PEO NEO | Equity Awards Adjustments Change In Fair Value Of Awards Granted In Prior Years Forfeited During Current Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0