As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid to our principal executive officers and the other named executive officers (as calculated in accordance with Item 402(v) of Regulation S-K). Compensation actually paid does not necessarily reflect the actual amount of compensation earned by or paid to our named executive officers during the applicable year.
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Year |
Summary Compensation Table Total for PEO 1(1) |
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Summary Compensation Table Total for PEO 2(1) |
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Compensation Actually Paid to PEO 1(1)(3) |
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Compensation Actually Paid to PEO 2(1)(3) |
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Average Summary Compensation Table Total for Non-PEO Named Executive Officers(2) |
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Average Compensation Paid to Non-PEO Named Executive Officers(2)(3) |
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Value of Initial Fixed $100 Investment Based on Total Stockholder Return |
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Net Loss from Continuing Operations |
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2026 |
$ |
177,168 |
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$ |
1,153,591 |
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$ |
177,168 |
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$ |
1,153,591 |
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$ |
1,182,037 |
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$ |
1,281,962 |
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$ |
139.59 |
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$ |
(4,945,592 |
) |
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2025 |
$ |
- |
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$ |
715,739 |
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$ |
- |
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$ |
1,176,680 |
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$ |
667,574 |
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$ |
413,370 |
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$ |
70.05 |
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$ |
(65,221,463 |
) |
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2024 |
$ |
- |
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$ |
2,324,574 |
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$ |
- |
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$ |
1,898,887 |
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$ |
1,199,669 |
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$ |
756,517 |
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$ |
102.03 |
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$ |
(5,350,176 |
) |
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2026: Jordan Christensen and Paul Kasowski
2025: Paul Kasowski, Robert D. Wiley, Fred Wagenhals, Tod Wagenhals and Anthony Tate
2024: Fred Wagenhals, Robert D. Wiley, Anthony Tate and Tod Wagenhals
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2026 |
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2025 |
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2024 |
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PEO 1 |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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Summary Compensation Table ("SCT") Total |
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$ |
177,168 |
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$ |
1,153,591 |
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$ |
1,182,037 |
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$ |
715,739 |
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$ |
667,574 |
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$ |
2,324,574 |
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$ |
1,199,669 |
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Less: Amount reported under the "Stock Awards" Column of the SCT |
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$ |
- |
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$ |
- |
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$ |
(444,900 |
) |
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$ |
- |
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$ |
(119,810 |
) |
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$ |
(1,060,973 |
) |
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$ |
(555,400 |
) |
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Plus: Year End Fair Value of Outstanding and Unvested Equity Awards |
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$ |
- |
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$ |
- |
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$ |
351,750 |
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$ |
- |
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$ |
13,800 |
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$ |
- |
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$ |
13,750 |
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Plus: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
39,000 |
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Plus: Fair Value on Vesting Date of Equity Awards Granted and Vested in the Year |
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$ |
- |
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$ |
- |
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$ |
193,075 |
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$ |
509,669 |
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$ |
69,030 |
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$ |
807,949 |
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$ |
257,998 |
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Plus: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
(58,640 |
) |
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$ |
- |
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$ |
11,188 |
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Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions of the Year |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
(48,728 |
) |
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$ |
(158,584 |
) |
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$ |
(172,663 |
) |
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$ |
(209,688 |
) |
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Plus: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value of Total Compensation |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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Total Adjustments: |
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$ |
- |
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$ |
- |
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$ |
99,925 |
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$ |
460,941 |
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$ |
(254,204 |
) |
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$ |
(425,687 |
) |
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$ |
(443,152 |
) |
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COMPENSATION ACTUALLY PAID |
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$ |
177,168 |
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$ |
1,153,591 |
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$ |
1,281,962 |
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$ |
1,176,680 |
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$ |
413,370 |
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$ |
1,898,887 |
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$ |
756,517 |
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|
2026: Jordan Christensen and Paul Kasowski
2025: Paul Kasowski, Robert D. Wiley, Fred Wagenhals, Tod Wagenhals and Anthony Tate
2024: Fred Wagenhals, Robert D. Wiley, Anthony Tate and Tod Wagenhals
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2026 |
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2025 |
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2024 |
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PEO 1 |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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PEO 2 |
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AVERAGE FOR OTHER NEOs |
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Summary Compensation Table ("SCT") Total |
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$ |
177,168 |
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$ |
1,153,591 |
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$ |
1,182,037 |
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$ |
715,739 |
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$ |
667,574 |
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$ |
2,324,574 |
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$ |
1,199,669 |
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Less: Amount reported under the "Stock Awards" Column of the SCT |
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$ |
- |
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$ |
- |
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$ |
(444,900 |
) |
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$ |
- |
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$ |
(119,810 |
) |
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$ |
(1,060,973 |
) |
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$ |
(555,400 |
) |
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Plus: Year End Fair Value of Outstanding and Unvested Equity Awards |
|
$ |
- |
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$ |
- |
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$ |
351,750 |
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$ |
- |
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$ |
13,800 |
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$ |
- |
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$ |
13,750 |
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Plus: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
39,000 |
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Plus: Fair Value on Vesting Date of Equity Awards Granted and Vested in the Year |
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$ |
- |
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$ |
- |
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$ |
193,075 |
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$ |
509,669 |
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$ |
69,030 |
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$ |
807,949 |
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$ |
257,998 |
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Plus: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year |
|
$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
(58,640 |
) |
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$ |
- |
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$ |
11,188 |
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Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions of the Year |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
(48,728 |
) |
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$ |
(158,584 |
) |
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$ |
(172,663 |
) |
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$ |
(209,688 |
) |
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Plus: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value of Total Compensation |
|
$ |
- |
|
|
$ |
- |
|
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$ |
- |
|
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
- |
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Total Adjustments: |
|
$ |
- |
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|
$ |
- |
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$ |
99,925 |
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$ |
460,941 |
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$ |
(254,204 |
) |
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$ |
(425,687 |
) |
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$ |
(443,152 |
) |
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COMPENSATION ACTUALLY PAID |
|
$ |
177,168 |
|
|
$ |
1,153,591 |
|
|
$ |
1,281,962 |
|
|
$ |
1,176,680 |
|
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$ |
413,370 |
|
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$ |
1,898,887 |
|
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$ |
756,517 |
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The graph below illustrates the relationship between our TSR and Compensation Actually Paid for the PEO(s) and Average Compensation Actually Paid to our Non-PEO NEOs.
Relationship Between Compensation Actually Paid and GAAP Net Income
The graph below reflects the relationship between the Compensation Actually Paid to our PEO(s) and to our non-PEO NEOs (on average) and our GAAP Net Income (Loss) from Continuing Operations.
