0001591890 2025-01-01 2025-12-31 0001591890 FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 2023-01-01 2023-12-31 0001591890 2024-02-29 2024-12-31 0001591890 2024-01-01 2024-02-28 0001591890 FGC:SummaryCompensationTableStockAwardsMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember FGC:CurrentPeoMember 2025-01-01 2025-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember FGC:CurrentPeoMember 2024-01-01 2024-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember FGC:FormerPeoMember 2024-01-01 2024-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001591890 2024-01-01 2024-12-31 0001591890 FGC:SummaryCompensationTableStockAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001591890 FGC:FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001591890 FGC:FairValueOfRSUGrantedAndVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001591890 FGC:ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 iso4217:USD false 0001591890 DEF 14A FG Communities Holdings Inc. false <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_902_eecd--AwardTmgMnpiCnsdrdFlag_dbF_c20250101__20251231_zqbg9HAJmf2j">not</span> grant equity awards in anticipation of the release of material nonpublic information and we do not time the release of material nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive compensation. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_906_eecd--AwardTmgHowMnpiCnsdrdTextBlock_c20250101__20251231_zFgJmfTf1qY5">In addition, we do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_90B_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250101__20251231_zoY8JdWLCpS2">not</span> take material nonpublic information into account when determining the timing and terms of such awards.</span></span> false In addition, we do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_90B_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250101__20251231_zoY8JdWLCpS2">not</span> take material nonpublic information into account when determining the timing and terms of such awards. false <table cellpadding="0" cellspacing="0" id="xdx_885_eecd--PvpTableTextBlock_zCPOUif7G9q" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(a)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Year</b></span></p></td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48C_eecd--PeoTotalCompAmt_zbb6ipdRpaWd" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(b)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Summary Compensation Table Total for PEO <span id="xdx_F5D_z30pTG5DEsVk">(1)</span></b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_482_eecd--PeoActuallyPaidCompAmt_zStZC4zihJDb" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(c)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Compensation Actually Paid to PEO <span id="xdx_F55_zfxq9VJERzh1">(2)</span></b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_480_eecd--NonPeoNeoAvgTotalCompAmt_z5078isIiYLa" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(d)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Summary Compensation Table Total for Non-PEO NEOs <span id="xdx_F5A_zON1HVd92Uye">(1)</span></b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_484_eecd--NonPeoNeoAvgCompActuallyPaidAmt_zX2zlhcodA37" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(e)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Compensation Actually paid to Non-PEO NEOs <span id="xdx_F5B_zFw6yLRZQ4f8">(2)</span></b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_481_eecd--TotalShareholderRtnAmt_zUGriu7ravz7" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(f)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Value of Initial Fixed $100 Investment Based on Total Shareholder Return <span id="xdx_F58_zonZlx10s39k">(3)</span></b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_486_eus-gaap--NetIncomeLoss_z06hIdNcw4Mj" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(g)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Income (Loss)</b></span></p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_414_20250101__20251231__ecd--IndividualAxis__custom--CurrentPeoMember_zWSecciwwp6h" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: center">2025 Current PEO</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">1,398,739</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">1,390,122</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">894,323</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">890,188</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">(66,742,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_419_20240101__20241231__ecd--IndividualAxis__custom--CurrentPeoMember_z8lCIxt7oyzi" style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2024 Current PEO</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">527,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">439,608</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">533,611</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">424,683</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">24</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,315,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_41A_20240101__20241231__ecd--IndividualAxis__custom--FormerPeoMember_zO0f6vTixrv7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">2024 Former PEO</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">98,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_418_20230101__20231231_zkdLhhxTYVL" style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,974,081</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">851,889</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">844,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">631,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">44</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,845,000</td><td style="text-align: left"> </td></tr> </table> 1398739 1390122 894323 890188 4 -66742000 527917 439608 533611 424683 24 -1315000 98836 43240 1974081 851889 844000 631667 44 3845000 <p id="xdx_89D_eecd--NamedExecutiveOfficersFnTextBlock_dU_zBszm66Lbspc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_eecd--PeoName_c20240229__20241231_zb1lCprp6Buj">Mr. Cerminara</span> has served as the Company’s Chief Executive Officer since February 29, 2024 and <span id="xdx_90A_eecd--PeoName_c20230101__20231231_zFpzd87yrChb"><span id="xdx_905_eecd--PeoName_c20240101__20240228_zqDtuVPgltd8">Mr. Swets</span></span> served as the Company’s Chief Executive Officer for the entirety of 2023 and until February 28, 2024. Mr. Roberson has served as the Company’s Chief Financial Officer since February 29, 2024. Mr. Major has served as the Company’s Chief Accounting Officer since September 30, 2024. The Principal Executive Officer (“PEO”) information reflected in columns (b) and (c) relates to Mr. Cerminara and Mr. Swets who served as PEO during 2024 and solely to Mr. Swets who served as PEO during 2023. The non-PEO NEOs information reflected in columns (d) and (e) above relates to Mr. Roberson, Mr. Major, and Mr. Swets for a portion of 2024 serving as non-PEO NEOs during 2024.</span></td></tr> </table> Mr. Cerminara Mr. Swets Mr. Swets <p id="xdx_894_eecd--AdjToPeoCompFnTextBlock_dU_zK8XQthsZeO1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="font-size: 12pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fiscal Year</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">SCT Total (a)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_482_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--SummaryCompensationTableStockAwardsMember_zvXvh5PEiAB3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">SCT Share Awards <span id="xdx_F51_zC8TDwkLSjj7">(b)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48D_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--FairValueOfRestrictedSharesUnitsGrantedInTheCoveredYearMember_zqDmVlrdO4Yb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value of Restricted Shares Units (“RSU”) Granted in the Covered Year<span id="xdx_F50_z7PB1VbJIk19">(c)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_486_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--ChangeInFairValueOfUnvestedRSUsFromCoveredYearsMember_z7tCxXGB6tzj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Change in Fair Value of Unvested RSUs from Covered Years <span id="xdx_F57_z1KpoRnRc3D2">(d)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_487_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--FairValueOfRSUGrantedAndVestedInTheCoveredYearMember_zkO8UVX5ISzh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value of RSU Granted and Vested in the Covered Year <span id="xdx_F52_zzmDm9wYanSg">(e)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48D_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--ChangeInFairValueOfRSUsFromPriorYearsThatVestedInTheCoveredYearMember_zSFASHlJyhWd" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Change in Fair Value of RSUs from Prior Years that Vested in the Covered Year <span id="xdx_F5A_zjL990s1xtk5">(f)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48D_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--ChangeInFairValueOfUnvestedRSUsFromThePriorYearsMember_zXK4wNvIMG3i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Change in Fair Value of Unvested RSUs from the Prior Years <span id="xdx_F5F_zQ8itNBLJCo3">(g)</span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Compensation Actually Paid</td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td> <td> </td> <td> </td> <td> </td></tr> <tr id="xdx_417_20250101__20251231__ecd--IndividualAxis__custom--CurrentPeoMember_zAaYkOxT1jci" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 9%"> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">PEO</span></td><td style="width: 2%"> </td> <td style="width: 9%; text-align: right">2025</td><td style="width: 2%"> </td> <td style="width: 8%; text-align: center">Current PEO</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_989_eecd--PeoTotalCompAmt_c20250101__20251231__ecd--IndividualAxis__custom--CurrentPeoMember_fYQ_____zgGswHSCXN1" style="width: 6%; text-align: right">1,398,739</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">(1,023,750</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0055">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0056">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">1,023,750</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right">(8,617</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0059">-</span></td><td style="width: 1%; text-align: left"> </td> <td> </td> <td id="xdx_985_eecd--PeoActuallyPaidCompAmt_c20250101__20251231__ecd--IndividualAxis__custom--CurrentPeoMember_fYQ_____zcVNa4LHFjA" style="text-align: right">1,390,122</td> <td> </td></tr> <tr id="xdx_410_20240101__20241231__ecd--IndividualAxis__custom--CurrentPeoMember_zQgJRNaFDyT4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center"><b>PEO</b></td><td> </td> <td style="text-align: right">2024</td><td> </td> <td style="text-align: center">Current PEO</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eecd--PeoTotalCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--CurrentPeoMember_fYQ_____zON8Fh2PFB64" style="text-align: right">527,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(382,083</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0063">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0064">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">382,083</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(42,087</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(46,221</td><td style="text-align: left">)</td><td> </td> <td id="xdx_987_eecd--PeoActuallyPaidCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--CurrentPeoMember_fYQ_____zMZArI6KMRlj" style="text-align: right">439,608</td> <td> </td></tr> <tr id="xdx_41F_20240101__20241231__ecd--IndividualAxis__custom--FormerPeoMember_zglUX4584UGl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center; font-weight: bold"> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">PEO</span></td><td> </td> <td style="text-align: right">2024</td><td> </td> <td style="text-align: center">Former PEO</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eecd--PeoTotalCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--FormerPeoMember_fYQ_____znfstrEyJGSi" style="text-align: right">98,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0070">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0071">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0072">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0073">-</span></span> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(50,338</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,258</td><td style="text-align: left">)</td><td> </td> <td id="xdx_98C_eecd--PeoActuallyPaidCompAmt_c20240101__20241231__ecd--IndividualAxis__custom--FormerPeoMember_fYQ_____ztAkQzfOats3" style="text-align: right">43,240</td> <td> </td></tr> <tr id="xdx_417_20230101__20231231__ecd--IndividualAxis__ecd--PeoMember_zKL8NWHglW1d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>  <span style="font-family: Times New Roman, Times, Serif"><span style="display: none; font-size: 10pt">PEO</span></span></td><td> </td> <td style="text-align: right">2023</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eecd--PeoTotalCompAmt_c20230101__20231231_fYQ_____zQajExpXShuh" style="text-align: right">1,974,081</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,400,000</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">730,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(570,833</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">121,333</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,359</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0083">-</span></td><td style="text-align: left"> </td><td> </td> <td id="xdx_98B_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_fYQ_____zNxspcLCd9V3" style="text-align: right">851,889</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: right"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td> <td> </td> <td> </td> <td> </td></tr> <tr id="xdx_413_20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember_zPy6CL7sHhej" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">PEO NEO’s</span></td><td> </td> <td style="text-align: right">2025</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_fYQ_____ztjR5PT8FjH" style="text-align: right">894,323</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(341,250</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0087">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0088">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">341,250</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,134</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0091">-</span></td><td style="text-align: left"> </td><td> </td> <td id="xdx_980_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zAyvOedjKMta" style="text-align: right">890,188</td> <td> </td></tr> <tr id="xdx_41E_20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember_zwXrXv64NHDj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center"><b>Average Non- PEO NEO’s</b></td><td> </td> <td style="text-align: right">2024</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_fYQ_____zUJORGP6NjCg" style="text-align: right">533,611</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(114,625</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0095">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0096">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">114,625</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(78,696</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(30,232</td><td style="text-align: left">)</td><td> </td> <td id="xdx_985_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zMuZ36qMyY24" style="text-align: right">424,683</td> <td> </td></tr> <tr id="xdx_416_20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember_z1FhaAZrY3Ii" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">PEO NEO’s</span></td><td> </td> <td style="text-align: right">2023</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_fYQ_____ztNIXyzKoQfj" style="text-align: right">844,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(364,000</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">138,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">138,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(108,333</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0106">-</span></span> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0107">-</span></td><td style="text-align: left"> </td><td> </td> <td id="xdx_98E_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_z1gYzF0Zn9f8" style="text-align: right">631,667</td> <td> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To calculate the amounts reported in the “Compensation Actually Paid” columns in the table above, the following amounts were deducted from and added to (as applicable) our NEOs total compensation as reported in the Summary Compensation Table (“SCT”):</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 35pt; text-align: right"><span id="xdx_F0F_zr7RrcPtAYH4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a.</span></td><td style="width: 5pt"></td><td style="text-align: justify"><span id="xdx_F13_zVc300rTh9X2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F0F_zKdRxawLgUq6">b.</span></span> <span id="xdx_F12_zLXYjRV4fKA4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the grant date fair value of option and RSU awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F0B_zjwMPJHXCpN4">c.</span></span> <span id="xdx_F11_zakwOdNjgyZ6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested RSU granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F09_zvPbc6bhPGcc">d.</span></span> <span id="xdx_F1D_zaXjbwRkiVT5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the change in fair value during the indicated fiscal year of each RSU that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F0F_zlBSoyRMqQp4">e.</span></span> <span id="xdx_F15_zWDgyncASYmc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the fair value at vesting of the RSUs that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F00_zIphJq6y15wj">f.</span></span> <span id="xdx_F19_z27BzBw6mV47" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each RSU that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    <span id="xdx_F00_zeE2VKIBz30e">g.</span></span> <span id="xdx_F15_zuL28F6bv9Xk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents the fair value as of the last day of the prior fiscal year of the share awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.</span></td> </tr></table> 1398739 -1023750 1023750 -8617 1390122 527917 -382083 382083 -42087 -46221 439608 98836 -50338 -5258 43240 1974081 -1400000 730667 -570833 121333 -3359 851889 894323 -341250 341250 -4134 890188 533611 -114625 114625 -78696 -30232 424683 844000 -364000 138667 138667 -108333 631667 Mr. Cerminara has served as the Company’s Chief Executive Officer since February 29, 2024 and Mr. Swets served as the Company’s Chief Executive Officer for the entirety of 2023 and until February 28, 2024. Mr. Roberson has served as the Company’s Chief Financial Officer since February 29, 2024. Mr. Major has served as the Company’s Chief Accounting Officer since September 30, 2024. The Principal Executive Officer (“PEO”) information reflected in columns (b) and (c) relates to Mr. Cerminara and Mr. Swets who served as PEO during 2024 and solely to Mr. Swets who served as PEO during 2023. The non-PEO NEOs information reflected in columns (d) and (e) above relates to Mr. Roberson, Mr. Major, and Mr. Swets for a portion of 2024 serving as non-PEO NEOs during 2024. To calculate compensation actually paid, adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of adjustments for Messrs. Cerminara, Swets, Roberson, and Major is set forth in the table immediately following the footnotes. Pursuant to rules of the SEC, the illustration assumes $100 was invested on December 31, 2022 in our common stock. For each covered fiscal year, represents the cumulative total stockholder return on an initial fixed $100 investment in our common stock from December 31, 2022 through December 31 of each covered fiscal year. Historic common stock price performance is not necessarily indicative of future common stock price performance. Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. Represents the grant date fair value of option and RSU awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested RSU granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes. Represents the change in fair value during the indicated fiscal year of each RSU that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. Represents the fair value at vesting of the RSUs that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each RSU that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. Represents the fair value as of the last day of the prior fiscal year of the share awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.