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The Compensation Committee does not seek to time equity grants to take advantage of information, either positive or negative, about our company that has not been publicly disclosed. Option grants are generally effective on the date the award determination is made by the Compensation Committee, and the exercise price of options is the closing market price of our Common Stock on the date of the grant or, if the grant is made on a weekend or holiday, on the prior business day. During the year ended December 31, 2025, we did not grant stock options (or similar awards) to any of our named executive officers during the period beginning four business days before and ending one business day after the filing of any Company periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of any Company Form 8-K that disclosed any material non-public information. The Company does not have a formal policy on the timing of awards of options in relation to the disclosure of material nonpublic information by the Company. false false <table cellpadding="0" cellspacing="0" id="xdx_888_eecd--PvpTableTextBlock_zJ6eiEGGV5We" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: top; background-color: white"> <td style="padding-left: 0.1pt; text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td></tr> <tr> <td style="vertical-align: bottom"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: top; text-align: center">Andy Heyward (1)</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; width: 6%; text-align: center">Year</td> <td style="border-bottom: black 1pt solid; width: 15%; text-align: center">Summary Compensation Table Total ($) (2)</td> <td style="border-bottom: Black 1pt solid; width: 15%; text-align: center">Compensation Actually Paid ($)</td> <td style="border-bottom: black 1pt solid; width: 19%; text-align: center">Average Summary Compensation Table Total fo r Non-PEO NEOs ($) (3)</td> <td style="border-bottom: black 1pt solid; width: 15%; text-align: center">Average Compensation Actually Paid to Non-PEO NEOs ($) (4)</td> <td style="border-bottom: black 1pt solid; width: 15%; text-align: center">Value of Initial Fixed $100 Investment Based on Cumulative TSR ($) (5)</td> <td style="border-bottom: black 1pt solid; width: 15%; text-align: center">Net Loss (in 000s)($) (6)</td></tr> <tr style="vertical-align: top; background-color: #EEEEEE"> <td style="padding-left: 0.1pt; text-align: center">2025</td> <td id="xdx_984_eecd--PeoTotalCompAmt_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember_zdjYbYuUy3Ve" style="text-align: center" title="Summary Compensation Table Total">1,141,189</td> <td id="xdx_986_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_zcfO8Q5dsc4b" style="text-align: center" title="Compensation Actually Paid">1,141,189</td> <td id="xdx_985_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zpPQe5im7vOd" style="text-align: center" title="Average Summary Compensation Table Total for Non-PEO NEOs">426,453</td> <td id="xdx_989_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_z8jEZVfQOKkc" style="text-align: center" title="Average Compensation Actually Paid to Non-PEO NEOs">460,804</td> <td id="xdx_989_eecd--TotalShareholderRtnAmt_pp2p0_c20250101__20251231_zF4TnUzH3Zj5" style="text-align: center" title="Value of Initial Fixed $100 Investment Based On Cumulative TSR">15.48</td> <td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20250101__20251231_z1eD0g6Znqfh" style="text-align: center" title="Net Income/ (Loss)">(24,532)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="padding-left: 0.1pt; text-align: center">2024</td> <td id="xdx_985_eecd--PeoTotalCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember_zRtRS6JbHP2" style="text-align: center" title="Summary Compensation Table Total">1,075,384</td> <td id="xdx_98F_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zlWI1abYvoe9" style="text-align: center" title="Compensation Actually Paid">698,509</td> <td id="xdx_989_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_z5Gi12kw4bj7" style="text-align: center" title="Average Summary Compensation Table Total for Non-PEO NEOs">423,220</td> <td id="xdx_983_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zlF5CpyubFC9" style="text-align: center" title="Average Compensation Actually Paid to Non-PEO NEOs">409,937</td> <td id="xdx_987_eecd--TotalShareholderRtnAmt_pp2p0_c20240101__20241231_zbqP7EcCny1l" style="text-align: center" title="Value of Initial Fixed $100 Investment Based On Cumulative TSR">12.69</td> <td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20240101__20241231_zBpxh6xz9ly9" style="text-align: center" title="Net Income/ (Loss)">(20,739)</td></tr> <tr style="vertical-align: top; background-color: #EEEEEE"> <td style="padding-left: 0.1pt; text-align: center">2023</td> <td id="xdx_982_eecd--PeoTotalCompAmt_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember_zB6wyE9iNQE6" style="text-align: center" title="Summary Compensation Table Total">1,492,368</td> <td id="xdx_986_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_zPPuqTcGc2Jl" style="text-align: center" title="Compensation Actually Paid">(1,861,069)</td> <td id="xdx_98F_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_z8f6p483thXa" style="text-align: center" title="Average Summary Compensation Table Total for Non-PEO NEOs">359,086</td> <td id="xdx_980_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_z7qtmhUAi7o1" style="text-align: center" title="Average Compensation Actually Paid to Non-PEO NEOs">247,838</td> <td id="xdx_989_eecd--TotalShareholderRtnAmt_pp2p0_c20230101__20231231_zPI8lhLAmOAe" style="text-align: center" title="Value of Initial Fixed $100 Investment Based On Cumulative TSR">29.89</td> <td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20230101__20231231_zw4brIfe00r4" style="text-align: center" title="Net Income/ (Loss)">(77,103)</td></tr> </table> 1141189 1141189 426453 460804 15.48

-24532

1075384 698509 423220 409937 12.69

-20739

1492368 -1861069 359086 247838 29.89

-77103

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px">(1)</td> <td style="text-align: justify">Mr. Heyward served as our Chief Executive Officer and Chairman during each of the three years presented in the table.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td>(2)</td> <td style="text-align: justify">The values reflected in this column reflect the “Total” compensation set forth in the Summary Compensation Table (“SCT”) in each applicable year.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td>(3)</td> <td style="text-align: justify">The dollar amounts reported in this column represent the average of the amounts reported for Non-PEO NEOs in the “Total” column of the SCT in each applicable year. The names of each of the Non-PEO NEOs included for purposes of calculating the average amounts in 2025 and 2024 were Brian Parisi and Michael A. Jaffa and in 2023 were Brian Parisi, Michael A. Jaffa, and Michael Hirsh.</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>(4)</td> <td style="text-align: justify">The dollar amounts reported in this column represent the average amount of CAP to Non-PEO NEOs as a group, as computed in accordance with SEC rules described below.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td>(5)</td> <td style="text-align: justify">The cumulative total shareholder return (“TSR”) is determined based on the value of an initial fixed investment of $100 in the Company’s common stock at December 31, 2022. The Company did not issue dividends during any of the covered periods.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td>(6)</td> <td style="text-align: justify">The dollar amounts reported in this column are the Company’s net loss amounts reflected in the Company’s audited financial statements for the applicable year.</td></tr> </table> Mr. Heyward Mr. Heyward Mr. Heyward SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported in the Pay versus Performance table. CAP does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. A significant portion of the CAP amounts shown relate to changes in values of unvested awards over the course of the applicable reporting year. Our NEOs do not participate in a defined benefit plan so no adjustment for pension benefits is included in the table below. The following tables below detail these adjustments to compensation as reported in the Summary Compensation Table: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Andy Heyward</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; font-weight: bold; text-align: left; padding-bottom: 1pt">Reported Summary Compensation Table Total for 2025</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eecd--PeoTotalCompAmt_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember_zYDHICbi29f8" style="border-bottom: Black 1pt solid; width: 13%; text-align: right" title="Reported Summary Compensation">1,141,189</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eecd--AdjToCompAmt_d0_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--DeductFairValueOfEquityAwardsUnderTtheStockAwardsAndOptionAwardsColumnInSCTMember_zZT5bt1n4aR3" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eecd--AdjToCompAmt_d0_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember_z3B8h4ifgZVk" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_d0_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember_zVMMBCpoilRg" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eecd--AdjToCompAmt_d0_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember_z4yWfTj125b7" style="border-bottom: Black 1pt solid; text-align: right" title="Adjustment to compensation amount">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Compensation Actually Paid for 2025</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_98A_eecd--PeoActuallyPaidCompAmt_c20250101__20251231__ecd--IndividualAxis__custom--AndyHeywardMember_zhTJq8WBgBW4" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Compensation Actually Paid">1,141,189</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Reported Summary Compensation Table Total for 2024</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_981_eecd--PeoTotalCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember_ztqt9rPxhrc1" style="border-bottom: Black 1pt solid; text-align: right" title="Reported Summary Compensation">1,075,384</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eecd--AdjToCompAmt_d0_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--DeductFairValueOfEquityAwardsUnderTtheStockAwardsAndOptionAwardsColumnInSCTMember_zqhgICRTPufa" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eecd--AdjToCompAmt_d0_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember_z0k6nCjYaxVj" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eecd--AdjToCompAmt_d0_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember_zgkZKFcLCR8j" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--AdjToCompAxis__custom--AddChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember_z8OAhCfvQPKi" style="border-bottom: Black 1pt solid; text-align: right" title="Adjustment to compensation amount">(376,875</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Compensation Actually Paid for 2024</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_986_eecd--PeoActuallyPaidCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--AndyHeywardMember_zHb9iAxG9CGk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Compensation Actually Paid">698,509</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Reported Summary Compensation Table Total for 2023</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eecd--PeoTotalCompAmt_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember_zSQfY8dvQssd" style="border-bottom: Black 1pt solid; text-align: right" title="Reported Summary Compensation">1,492,368</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eecd--AdjToCompAmt_d0_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--DeductFairValueOfEquityAwardsUnderTtheStockAwardsAndOptionAwardsColumnInSCTMember_zvkpZLkq6Hmf" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_d0_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember_znwn3di1oTm6" style="text-align: right" title="Adjustment to compensation amount">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember_zxScVXKivkHf" style="text-align: right" title="Adjustment to compensation amount">(3,056,250</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AddChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember_z6hE6AwHTxa8" style="border-bottom: Black 1pt solid; text-align: right" title="Adjustment to compensation amount">(297,188</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Compensation Actually Paid for 2023</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_98B_eecd--PeoActuallyPaidCompAmt_c20230101__20231231__ecd--IndividualAxis__custom--AndyHeywardMember_zMQzMH6Lxcf1" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Compensation Actually Paid">(1,861,070</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table> 1141189 0 0 0 0 1141189 1075384 0 0 0 -376875 698509 1492368 0 0 -3056250 -297188 -1861070 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Average Non-PEO NEOs</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; font-weight: bold; text-align: left; padding-bottom: 1pt">Average Reported Summary Compensation Table Total for 2025</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_984_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zoRbzmBje2ce" style="border-bottom: Black 1pt solid; width: 13%; text-align: right" title="Average Reported Summary Compensation">426,453</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Average Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eecd--AdjToCompAmt_c20250101__20251231__ecd--AdjToCompAxis__custom--DeductAverageFairValueOfEquityAwardsUnderTheStockAwardsAndOptionAwardsColumnInSCTMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zuPfvldl8PAi" style="text-align: right">(237,375</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eecd--AdjToCompAmt_c20250101__20251231__ecd--AdjToCompAxis__custom--AddAverageYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zlkSEnEhgCVb" style="text-align: right">270,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eecd--AdjToCompAmt_c20250101__20251231__ecd--AdjToCompAxis__custom--AddAverageChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zG3JNeuVywwd" style="text-align: right">758</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eecd--AdjToCompAmt_c20250101__20251231__ecd--AdjToCompAxis__custom--AddAverageChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zBbnOLViin86" style="border-bottom: Black 1pt solid; text-align: right">968</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Average Compensation Actually Paid for 2025</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_988_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zW40ILsUG1e6" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Average Compensation Actually Paid">460,804</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Average Reported Summary Compensation Table Total for 2024</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_zRIp8sFasqd3" style="border-bottom: Black 1pt solid; text-align: right" title="Average Reported Summary Compensation">423,220</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Average Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eecd--AdjToCompAmt_d0_c20240101__20241231__ecd--AdjToCompAxis__custom--DeductAverageFairValueOfEquityAwardsUnderTheStockAwardsAndOptionAwardsColumnInSCTMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zloth6K35JF4" style="text-align: right">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eecd--AdjToCompAmt_d0_c20240101__20241231__ecd--AdjToCompAxis__custom--AddAverageYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zHEZHPC46xyg" style="text-align: right">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_c20240101__20241231__ecd--AdjToCompAxis__custom--AddAverageChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zAJJn9hrXgNk" style="text-align: right">(8,680</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eecd--AdjToCompAmt_c20240101__20241231__ecd--AdjToCompAxis__custom--AddAverageChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zPYzDgMUm0c3" style="border-bottom: Black 1pt solid; text-align: right">(4,603</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Average Compensation Actually Paid for 2024</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_98A_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zZ7IxH4m8vf5" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Average Compensation Actually Paid">409,937</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Average Reported Summary Compensation Table Total for 2023</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zoKoHOsc5WVh" style="border-bottom: Black 1pt solid; text-align: right" title="Average Reported Summary Compensation">359,086</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Deduct: Average Fair Value of Equity Awards Under the “Stock Awards” and “Option Awards” Column in SCT</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eecd--AdjToCompAmt_c20230101__20231231__ecd--AdjToCompAxis__custom--DeductAverageFairValueOfEquityAwardsUnderTheStockAwardsAndOptionAwardsColumnInSCTMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_ziHWtoM9X3P7" style="text-align: right">(16,683</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Year End Fair Value of Equity Awards Granted During the Year that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eecd--AdjToCompAmt_c20230101__20231231__ecd--AdjToCompAxis__custom--AddAverageYearEndFairValueOfEquityAwardsGrantedDuringTheYearThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_ziPQT1G3rSUa" style="text-align: right">16,217</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Year Over Year End Fair Value of Equity Awards Granted in Prior Years that are Outstanding and Unvested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eecd--AdjToCompAmt_d0_c20230101__20231231__ecd--AdjToCompAxis__custom--AddAverageChangeInYearOverYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zuehGcDgSM22" style="text-align: right">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 17.35pt">Add: Average Change in Prior Year End Fair Value and Vesting Date Fair Value of Equity Awards Granted in Prior Years that Vested During the Year</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_c20230101__20231231__ecd--AdjToCompAxis__custom--AddAverageChangeInPriorYearEndFairValueAndVestingDateFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember_zTB6XDVp0mij" style="border-bottom: Black 1pt solid; text-align: right">(110,781</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Average Compensation Actually Paid for 2023</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_98B_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_zM9EHIRYyLga" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Average Compensation Actually Paid">247,838</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> 426453 -237375 270000 758 968 460804 423220 0 0 -8680 -4603 409937 359086 -16683 16217 0 -110781 247838 Compensation Actually Paid and Cumulative Total Shareholder Return The graph below compares the compensation actually paid to our PEOs and the average of the compensation actually paid to our remaining NEOs, with our cumulative total shareholder return for the fiscal years ended December 31, 2025, 2024, and 2023. Total shareholder return amounts reported in the graph assume an initial fixed investment of $100 on December 31, 2022. <img alt="" src="image_001.gif" style="height: 392px; width: 672px"/> Compensation Actually Paid and Net Loss The graph below compares the compensation actually paid to our PEOs and the average of the compensation actually paid to our remaining NEOs, with our net loss for the fiscal years ended December 31, 2025, 2024, and 2023. <img alt="" src="image_002.gif" style="height: 365px; width: 699px"/>