v3.26.3
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

Pay Versus Performance

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, the Company is providing the following table to show the relationship between executive compensation actually paid and certain financial performance of the Company.

Year(1)

 

Summary
Compensation
Table Total for
PEO Kaliste
Saloom
($)

 

Compensation
Actually
Paid to PEO
Kaliste
Saloom
($)

 

Summary
Compensation
Table Total for
PEO Rahul
Mewawalla
($)

 

Compensation
Actually Paid
to PEO Rahul
Mewawalla
($)
(2)

 

Summary
Compensation
Table Total for
PEO James
Manning
($)

 

Compensation
Actually Paid
to PEO James
Manning
($)
(2)

 

Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
($)

 

Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)
(3)

 

Value of
Initial
Fixed $100
Investment
Based
on Total
Shareholder
Return
($)

 

Net Income
($)

(a)

         

(b)

 

(c)

 

(b)

 

(c)

 

(d)

 

(e)

 

(f)

 

(g)

2025

 

664,487

 

512,172

 

1,465,555

 

(1,760,262

)

 

—

 

—

 

404,469

 

327,428

 

15.25

 

(23,656,569

)

2024

 

—

 

—

 

20,263,055

 

2,604,152

 

 

—

 

—

 

1,143,883

 

621,223

 

12.52

 

(46,131,701

)

2023

 

—

 

—

 

11,636,361

 

20,546,062

 

 

5,649,940

 

1,991,440

 

563,194

 

769,361

 

48.27

 

(60,421,822

)

____________

(1)      The following table lists our PEO and non-PEO NEOs for each of years 2025, 2024 and 2023:

Year

 

PEO

 

Non-PEO NEOs

2025

 

Kaliste Saloom and Rahul Mewawalla

 

William Regan and William Harrison

2024

 

Rahul Mewawalla

 

William Harrison and Kaliste Saloom

2023

 

Rahul Mewawalla and James Manning

 

William Harrison

(2)      In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the PEO’s total compensation in the Summary Compensation Table for each year to determine the Compensation Actually Paid:

Year

 

PEO

 

Reported
Summary
Compensation
Table Total
for PEO
($)

 

Reported
Value of
Equity Awards
($)
(a)

 

Equity
Award
Adjustments
($)
(b)

 

Compensation
Actually
Paid to
PEO
($)

2025

 

Kaliste Saloom

 

664,487

 

(257,795

)

 

105,480

 

 

512,172

 

2025

 

Rahul Mewawalla

 

1,465,555

 

(646,291

)

 

(2,579,526

)

 

(1,760,262

)

2024

 

Rahul Mewawalla

 

20,263,055

 

(16,859,930

)

 

(798,973

)

 

2,604,152

 

2023

 

Rahul Mewawalla

 

11,636,361

 

(10,186,892

)

 

19,096,593

 

 

20,546,062

 

2023

 

James Manning

 

5,649,940

 

(3,658,500

)

 

—

 

 

1,991,440

 

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.

(b)     The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value

of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

PEO

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year Change
in Fair Value
of Outstanding
and Unvested
Equity
Awards
($)

 

Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in the
Year
($)

 

Change in
Fair Value of
Equity
Awards
Granted in
Prior Years
that Vested in
the Year
($)

 

Fair Value at
the End
of the
Prior Year
of Equity
Awards That
Failed to
Meet Vesting
Conditions
in the
Year
($)

 

Value of
Dividends or
Other
Earnings Paid
on Stock or
Option Awards
Not Otherwise
Reflected in
Fair Value or
Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

Kaliste Saloom

 

90,367

 

(67,258

)

 

150,005

 

(67,634

)

 

—

 

—

 

105,480

 

2025

 

Rahul Mewawalla

 

—

 

—

 

 

654,571

 

(3,234,097

)

 

—

 

—

 

(2,579,526

)

2024

 

Rahul Mewawalla

 

5,784,392

 

(4,147,500

)

 

5,113,628

 

(7,549,493

)

 

—

 

—

 

(798,973

)

2023

 

Rahul Mewawalla

 

14,466,093

 

—

 

 

—

 

—

 

 

—

 

4,630,500

 

19,096,593

 

2023

 

James Manning

 

—

 

—

 

 

—

 

—

 

 

—

 

—

 

—

 

(3)      In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the non-PEO NEOs’ average total compensation in the Summary Compensation Table for each year to determine the average Compensation Actually Paid:

Year

 

Reported
Average
Summary
Compensation
Table Total for
Non-PEOs
($)

 

Average
Reported
Value of Equity
Awards
($)
(a)

 

Average
Equity Award
Adjustments
($)
(b)

 

Average
Compensation
Actually Paid to
Non-PEOs
($)

2025

 

404,469

 

(185,405

)

 

108,364

 

327,428

2024

 

1,143,883

 

(856,863

)

 

334,203

 

621,223

2023

 

563,194

 

(362,473

)

 

568,640

 

769,361

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year, averaged among the non-PEO NEOs.

(b)     The equity award adjustments for each applicable year, averaged among the non-PEO NEOs, include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in

any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year
Change in
Fair Value of
Outstanding
and
Unvested
Equity
Awards
($)

 

Fair Value
as of
Vesting
Date of
Equity
Awards
Granted
and Vested
in the Year
($)

 

Change in
Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)

 

Fair Value
at the End
of the
Prior Year
of Equity
Awards
That Failed
to Meet
Vesting
Conditions
in the Year
($)

 

Value of
Dividends
or other
Earnings
Paid on Stock
or Option
Awards Not
Otherwise
Reflected in
Fair Value
or Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

67,612

 

—

 

80,449

 

(39,697

)

 

—

 

—

 

108,364

2024

 

454,561

 

—

 

12,975

 

(133,333

)

 

—

 

—

 

334,203

2023

 

568,640

 

—

 

—

 

—

 

 

—

 

—

 

568,640

   
Adjustment To PEO Compensation, Footnote

(2)      In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the PEO’s total compensation in the Summary Compensation Table for each year to determine the Compensation Actually Paid:

Year

 

PEO

 

Reported
Summary
Compensation
Table Total
for PEO
($)

 

Reported
Value of
Equity Awards
($)
(a)

 

Equity
Award
Adjustments
($)
(b)

 

Compensation
Actually
Paid to
PEO
($)

2025

 

Kaliste Saloom

 

664,487

 

(257,795

)

 

105,480

 

 

512,172

 

2025

 

Rahul Mewawalla

 

1,465,555

 

(646,291

)

 

(2,579,526

)

 

(1,760,262

)

2024

 

Rahul Mewawalla

 

20,263,055

 

(16,859,930

)

 

(798,973

)

 

2,604,152

 

2023

 

Rahul Mewawalla

 

11,636,361

 

(10,186,892

)

 

19,096,593

 

 

20,546,062

 

2023

 

James Manning

 

5,649,940

 

(3,658,500

)

 

—

 

 

1,991,440

 

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.

(b)     The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value

   
Non-PEO NEO Average Total Compensation Amount $ 404,469 $ 1,143,883 $ 563,194
Non-PEO NEO Average Compensation Actually Paid Amount [1] $ 327,428 621,223 769,361
Adjustment to Non-PEO NEO Compensation Footnote

(3)      In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the non-PEO NEOs’ average total compensation in the Summary Compensation Table for each year to determine the average Compensation Actually Paid:

Year

 

Reported
Average
Summary
Compensation
Table Total for
Non-PEOs
($)

 

Average
Reported
Value of Equity
Awards
($)
(a)

 

Average
Equity Award
Adjustments
($)
(b)

 

Average
Compensation
Actually Paid to
Non-PEOs
($)

2025

 

404,469

 

(185,405

)

 

108,364

 

327,428

2024

 

1,143,883

 

(856,863

)

 

334,203

 

621,223

2023

 

563,194

 

(362,473

)

 

568,640

 

769,361

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year, averaged among the non-PEO NEOs.

(b)     The equity award adjustments for each applicable year, averaged among the non-PEO NEOs, include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in

   
Total Shareholder Return Amount $ 15.25 12.52 48.27
Net Income (Loss) $ (23,656,569) $ (46,131,701) $ (60,421,822)
PEO Name Kaliste Saloom and Rahul Mewawalla Rahul Mewawalla Rahul Mewawalla and James Manning
Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [2] $ 108,364 $ 334,203 $ 568,640
Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [3] (185,405) (856,863) (362,473)
Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 67,612 454,561 568,640
Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount
Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 80,449 12,975
Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (39,697) (133,333)
Fair Value at the End of the Prior Year of Equity Awards That Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount
Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount
Kaliste Saloom [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 664,487
PEO Actually Paid Compensation Amount 512,172
Adjustment to Compensation, Amount 105,480    
Kaliste Saloom [Member] | Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [4] 105,480    
Kaliste Saloom [Member] | Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [5] (257,795)    
Kaliste Saloom [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 90,367    
Kaliste Saloom [Member] | Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (67,258)    
Kaliste Saloom [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 150,005    
Kaliste Saloom [Member] | Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (67,634)    
Kaliste Saloom [Member] | Fair Value at the End of the Prior Year of Equity Awards That Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
Kaliste Saloom [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
Rahul Mewawalla [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 1,465,555 20,263,055 11,636,361
PEO Actually Paid Compensation Amount [6] (1,760,262) 2,604,152 20,546,062
Adjustment to Compensation, Amount (2,579,526)    
Rahul Mewawalla [Member] | Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [4] (2,579,526) (798,973) 19,096,593
Rahul Mewawalla [Member] | Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [5] (646,291) (16,859,930) (10,186,892)
Rahul Mewawalla [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 5,784,392 14,466,093
Rahul Mewawalla [Member] | Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (4,147,500)
Rahul Mewawalla [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 654,571 5,113,628
Rahul Mewawalla [Member] | Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (3,234,097) (7,549,493)
Rahul Mewawalla [Member] | Fair Value at the End of the Prior Year of Equity Awards That Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount
Rahul Mewawalla [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,630,500
James Manning [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 5,649,940
PEO Actually Paid Compensation Amount [6] 1,991,440
James Manning [Member] | Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [4]    
James Manning [Member] | Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount [5]     (3,658,500)
James Manning [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
James Manning [Member] | Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
James Manning [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
James Manning [Member] | Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
James Manning [Member] | Fair Value at the End of the Prior Year of Equity Awards That Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
James Manning [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount    
[1] In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the non-PEO NEOs’ average total compensation in the Summary Compensation Table for each year to determine the average Compensation Actually Paid:

Year

 

Reported
Average
Summary
Compensation
Table Total for
Non-PEOs
($)

 

Average
Reported
Value of Equity
Awards
($)
(a)

 

Average
Equity Award
Adjustments
($)
(b)

 

Average
Compensation
Actually Paid to
Non-PEOs
($)

2025

 

404,469

 

(185,405

)

 

108,364

 

327,428

2024

 

1,143,883

 

(856,863

)

 

334,203

 

621,223

2023

 

563,194

 

(362,473

)

 

568,640

 

769,361

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year, averaged among the non-PEO NEOs.

(b)     The equity award adjustments for each applicable year, averaged among the non-PEO NEOs, include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in

any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year
Change in
Fair Value of
Outstanding
and
Unvested
Equity
Awards
($)

 

Fair Value
as of
Vesting
Date of
Equity
Awards
Granted
and Vested
in the Year
($)

 

Change in
Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)

 

Fair Value
at the End
of the
Prior Year
of Equity
Awards
That Failed
to Meet
Vesting
Conditions
in the Year
($)

 

Value of
Dividends
or other
Earnings
Paid on Stock
or Option
Awards Not
Otherwise
Reflected in
Fair Value
or Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

67,612

 

—

 

80,449

 

(39,697

)

 

—

 

—

 

108,364

2024

 

454,561

 

—

 

12,975

 

(133,333

)

 

—

 

—

 

334,203

2023

 

568,640

 

—

 

—

 

—

 

 

—

 

—

 

568,640

[2] The equity award adjustments for each applicable year, averaged among the non-PEO NEOs, include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in

any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year
Change in
Fair Value of
Outstanding
and
Unvested
Equity
Awards
($)

 

Fair Value
as of
Vesting
Date of
Equity
Awards
Granted
and Vested
in the Year
($)

 

Change in
Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)

 

Fair Value
at the End
of the
Prior Year
of Equity
Awards
That Failed
to Meet
Vesting
Conditions
in the Year
($)

 

Value of
Dividends
or other
Earnings
Paid on Stock
or Option
Awards Not
Otherwise
Reflected in
Fair Value
or Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

67,612

 

—

 

80,449

 

(39,697

)

 

—

 

—

 

108,364

2024

 

454,561

 

—

 

12,975

 

(133,333

)

 

—

 

—

 

334,203

2023

 

568,640

 

—

 

—

 

—

 

 

—

 

—

 

568,640

[3] The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year, averaged among the non-PEO NEOs.
[4] The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year

-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value

of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

PEO

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year Change
in Fair Value
of Outstanding
and Unvested
Equity
Awards
($)

 

Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in the
Year
($)

 

Change in
Fair Value of
Equity
Awards
Granted in
Prior Years
that Vested in
the Year
($)

 

Fair Value at
the End
of the
Prior Year
of Equity
Awards That
Failed to
Meet Vesting
Conditions
in the
Year
($)

 

Value of
Dividends or
Other
Earnings Paid
on Stock or
Option Awards
Not Otherwise
Reflected in
Fair Value or
Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

Kaliste Saloom

 

90,367

 

(67,258

)

 

150,005

 

(67,634

)

 

—

 

—

 

105,480

 

2025

 

Rahul Mewawalla

 

—

 

—

 

 

654,571

 

(3,234,097

)

 

—

 

—

 

(2,579,526

)

2024

 

Rahul Mewawalla

 

5,784,392

 

(4,147,500

)

 

5,113,628

 

(7,549,493

)

 

—

 

—

 

(798,973

)

2023

 

Rahul Mewawalla

 

14,466,093

 

—

 

 

—

 

—

 

 

—

 

4,630,500

 

19,096,593

 

2023

 

James Manning

 

—

 

—

 

 

—

 

—

 

 

—

 

—

 

—

 

[5] The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
[6] In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the PEO’s total compensation in the Summary Compensation Table for each year to determine the Compensation Actually Paid:

Year

 

PEO

 

Reported
Summary
Compensation
Table Total
for PEO
($)

 

Reported
Value of
Equity Awards
($)
(a)

 

Equity
Award
Adjustments
($)
(b)

 

Compensation
Actually
Paid to
PEO
($)

2025

 

Kaliste Saloom

 

664,487

 

(257,795

)

 

105,480

 

 

512,172

 

2025

 

Rahul Mewawalla

 

1,465,555

 

(646,291

)

 

(2,579,526

)

 

(1,760,262

)

2024

 

Rahul Mewawalla

 

20,263,055

 

(16,859,930

)

 

(798,973

)

 

2,604,152

 

2023

 

Rahul Mewawalla

 

11,636,361

 

(10,186,892

)

 

19,096,593

 

 

20,546,062

 

2023

 

James Manning

 

5,649,940

 

(3,658,500

)

 

—

 

 

1,991,440

 

____________

(a)      The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.

(b)     The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year

-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value

of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

 

PEO

 

Year End
Fair Value
of Equity
Awards
($)

 

Year Over
Year Change
in Fair Value
of Outstanding
and Unvested
Equity
Awards
($)

 

Fair Value as
of Vesting
Date of
Equity
Awards
Granted and
Vested in the
Year
($)

 

Change in
Fair Value of
Equity
Awards
Granted in
Prior Years
that Vested in
the Year
($)

 

Fair Value at
the End
of the
Prior Year
of Equity
Awards That
Failed to
Meet Vesting
Conditions
in the
Year
($)

 

Value of
Dividends or
Other
Earnings Paid
on Stock or
Option Awards
Not Otherwise
Reflected in
Fair Value or
Total
Compensation
($)

 

Total Equity
Award
Adjustments
($)

2025

 

Kaliste Saloom

 

90,367

 

(67,258

)

 

150,005

 

(67,634

)

 

—

 

—

 

105,480

 

2025

 

Rahul Mewawalla

 

—

 

—

 

 

654,571

 

(3,234,097

)

 

—

 

—

 

(2,579,526

)

2024

 

Rahul Mewawalla

 

5,784,392

 

(4,147,500

)

 

5,113,628

 

(7,549,493

)

 

—

 

—

 

(798,973

)

2023

 

Rahul Mewawalla

 

14,466,093

 

—

 

 

—

 

—

 

 

—

 

4,630,500

 

19,096,593

 

2023

 

James Manning

 

—

 

—

 

 

—

 

—

 

 

—

 

—

 

—