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
In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
 
Year
    Summary
Compensation
Table Total
for PEO(1)
($)		      Compensation
Actually Paid to
PEO(1)(2)(3)
($)		      Average
Summary
Compensation
Table Total
for Non-PEO
NEOs(1)
($)		      Average
Compensation
Actually Paid to
Non-PEO
NEOs(1)(2)(3)
($)		      Value of
Initial
Fixed $100
Investment
based on
TSR(4)
($)		      Net Income
($ Thousands)		  
2025
      6,613,180        17,844,947        2,199,494        5,303,855        334.99        (81,130 ) 
2024
      5,492,157        8,422,245        2,447,393        3,417,042        186.26        (122,695 ) 
2023
      3,374,876        4,374,585        1,666,596        2,084,555        132.19        (118,674 ) 
 
(1)
Kenneth Galbraith was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
 
2023
   
2024
   
2025
Paul Moore    Paul Moore    Paul Moore
Neil Klompas    Leone Patterson    Jeffrey Smith
Chris Astle      
 
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table.
 
Year
    Summary
Compensation
Table Total
for PEO
($)		      Exclusion of
Stock
and Option
Awards for
PEO
($)		      Inclusion
of Equity
Values for
PEO
($)		      Compensation
Actually Paid
to PEO
($)		  
2025
      6,613,180        (4,904,805 )       16,136,572        17,844,947  
 
Year
    Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
($)		      Average
Exclusion
of Stock and
Option
Awards for
Non-PEO
NEOs
($)		      Average
Inclusion
of Equity
Values for
Non-PEO
NEOs
($)		      Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)		  
2025
      2,199,494        (1,349,822 )       4,454,183        5,303,855  
 
73
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
Year
   
Year-End

Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as
of Last Day
of Year for
PEO

($)
     
Change in
Fair Value
from Last
Day of
Prior Year
to Last Day
of Year of
Unvested
Equity
Awards for
PEO

($)
     
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
PEO

($)
     
Change in
Fair Value
from Last
Day of
Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
PEO

($)
     
Fair Value
at Last
Day of
Prior
Year of
Equity
Awards
Forfeited
During
Year for
PEO

($)
     
Value of
Dividends
or Other
Earnings
Paid on
Equity
Awards
Not
Otherwise
Included
for PEO

($)
     
Total-
Inclusion
of

Equity
Values for
PEO

($)
  
2025
      10,495,599        4,151,398        —         1,489,575        —         —         16,136,572  
 
Year
   
Average
Year-End

Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs

($)
     
Average
Change in
Fair Value
from Last
Day of
Prior Year
to Last Day
of Year of
Unvested
Equity
Awards for
Non-PEO

NEOs

($)
     
Average
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
Non-PEO

NEOs

($)
     
Average
Change in
Fair Value
from Last
Day of
Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that
Vested
During
Year for
Non-PEO

NEOs

($)
     
Average
Fair Value
at Last
Day of
Prior
Year of
Equity
Awards
Forfeited
During
Year for
Non-PEO

NEOs

($)
     
Average
Value of
Dividends
or Other
Earnings
Paid on
Equity
Awards
Not
Otherwise
Included
for Non-

PEO
NEOs

($)
     
Total -
Average
Inclusion
of Equity
Values for
Non-PEO

NEOs

($)
  
2025
      2,887,778        1,488,967        —         77,438        —         —         4,454,183  
 
(4)
Assumes $100 was invested in the Company for the period starting December 31, 2022, through the end of the listed year. Historical stock performance is not necessarily indicative of future stock performance.
   
Named Executive Officers, Footnote
(1)
Kenneth Galbraith was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
 
2023
   
2024
   
2025
Paul Moore    Paul Moore    Paul Moore
Neil Klompas    Leone Patterson    Jeffrey Smith
Chris Astle      
   
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table.
 
Year
    Summary
Compensation
Table Total
for PEO
($)		      Exclusion of
Stock
and Option
Awards for
PEO
($)		      Inclusion
of Equity
Values for
PEO
($)		      Compensation
Actually Paid
to PEO
($)		  
2025
      6,613,180        (4,904,805 )       16,136,572        17,844,947  
Year
   
Year-End

Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as
of Last Day
of Year for
PEO

($)
     
Change in
Fair Value
from Last
Day of
Prior Year
to Last Day
of Year of
Unvested
Equity
Awards for
PEO

($)
     
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
PEO

($)
     
Change in
Fair Value
from Last
Day of
Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
PEO

($)
     
Fair Value
at Last
Day of
Prior
Year of
Equity
Awards
Forfeited
During
Year for
PEO

($)
     
Value of
Dividends
or Other
Earnings
Paid on
Equity
Awards
Not
Otherwise
Included
for PEO

($)
     
Total-
Inclusion
of

Equity
Values for
PEO

($)
  
2025
      10,495,599        4,151,398        —         1,489,575        —         —         16,136,572  
    
Non-PEO NEO Average Total Compensation Amount $ 2,199,494 $ 2,447,393 $ 1,666,596
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,303,855 3,417,042 2,084,555
Adjustment to Non-PEO NEO Compensation Footnote
Year
    Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
($)		      Average
Exclusion
of Stock and
Option
Awards for
Non-PEO
NEOs
($)		      Average
Inclusion
of Equity
Values for
Non-PEO
NEOs
($)		      Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)		  
2025
      2,199,494        (1,349,822 )       4,454,183        5,303,855  
Year
   
Average
Year-End

Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs

($)
     
Average
Change in
Fair Value
from Last
Day of
Prior Year
to Last Day
of Year of
Unvested
Equity
Awards for
Non-PEO

NEOs

($)
     
Average
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
Non-PEO

NEOs

($)
     
Average
Change in
Fair Value
from Last
Day of
Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that
Vested
During
Year for
Non-PEO

NEOs

($)
     
Average
Fair Value
at Last
Day of
Prior
Year of
Equity
Awards
Forfeited
During
Year for
Non-PEO

NEOs

($)
     
Average
Value of
Dividends
or Other
Earnings
Paid on
Equity
Awards
Not
Otherwise
Included
for Non-

PEO
NEOs

($)
     
Total -
Average
Inclusion
of Equity
Values for
Non-PEO

NEOs

($)
  
2025
      2,887,778        1,488,967        —         77,438        —         —         4,454,183  
    
Compensation Actually Paid vs. Total Shareholder Return
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the three most recently completed fiscal years for the Company.
 
 
LOGO
 
    
Compensation Actually Paid vs. Net Income
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the three most recently completed fiscal years.
 
 
LOGO
 
    
Total Shareholder Return Amount $ 334.99 186.26 132.19
Net Income (Loss) (81,130,000) (122,695,000) (118,674,000)
Kenneth Galbraith [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 6,613,180 5,492,157 3,374,876
PEO Actually Paid Compensation Amount $ 17,844,947 $ 8,422,245 $ 4,374,585
PEO Name Kenneth Galbraith Kenneth Galbraith Kenneth Galbraith
PEO | Kenneth Galbraith [Member] | Equity Awards Adjustments      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 16,136,572    
PEO | Kenneth Galbraith [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 10,495,599    
PEO | Kenneth Galbraith [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,151,398    
PEO | Kenneth Galbraith [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Kenneth Galbraith [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,489,575    
PEO | Kenneth Galbraith [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Kenneth Galbraith [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Kenneth Galbraith [Member] | Exclusion Of Stock And Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (4,904,805)    
Non-PEO NEO | Equity Awards Adjustments      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,454,183    
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,887,778    
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,488,967    
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 77,438    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
Non-PEO NEO | Exclusion Of Stock And Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (1,349,822)