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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance Disclosure

 

The following table sets forth the pay versus performance for our Named Executive Officers for each of the fiscal years ended December 31, 2024, 2023 and 2022.

 

* Year  Summary
Compensation
Table Total for
PEO Luciano
Melluzzo
($)
   Compensation
Actually
Paid to PEO
Luciano
Melluzzo
($)*
   Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
($)(1)
   Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)(2)(3)*
   Value of Initial
Fixed $100
Investment
Based On Total
Shareholder
Return
($)(2)
   Net
Income
($)
 
2024   1,005,716    473,645    595,594    473,645    44.73    (1,366,000)
2023   493,315    385,375    279,195    248,357    35.71    (2,131,000)
2022   544,592    464,992    340,621    258,597    46.70    (1,076,000)

 

*“Compensation Actually Paid” to our PEO and Non-PEO NEOs for 2023 and 2022 represents the “Total” compensation reported in the Summary Compensation Table less the “Stock Awards” reported in the Summary Compensation Table.  “Compensation Actually Paid” to Mr. Melluzzo for 2024 represents the “Total” compensation reported in the Summary Compensation Table reduced by $620,350 the fair value of 102,368 RSUs granted to Mr. Melluzzo on August 26, 2024, and increased by $416,638, the fair value of such RSUs, all of which were unvested, as of December 31, 2024.  “Compensation Actually Paid” to Mr. Glassman for 2024 represents the “Total” compensation reported in the Summary Compensation Table reduced by $371,363, the fair value of 61,281 RSUs granted to Mr. Glassman on August 26, 2024, and increased by $249,414, the fair value of such RSUs, all of which were unvested as of December 31, 2024.

 

(1) Scott Glassman replaced Michael Recca as our Chief Financial Officer in October 2023. Messrs. Glassman and Recca were our only Non-PEO named executive officers in 2022 and 2023 and the amounts attributed to Non-PEO NEOs for 2022 and 2023 reflects the amounts paid to each of them in 2022 and 2023. Mr. Glassman was our only Non-PEO named executive officer in 2024 and the amount attributed to Non-PEO NEOs for 2024 reflects the amounts paid to him in 2024.

 

(2)Assumes a $100 fixed investment as of year-end 2021 and continuing through year-end 2022, 2023 and 2024, respectively.
   
Company Selected Measure Name Compensation Actually Paid    
Named Executive Officers, Footnote Scott Glassman replaced Michael Recca as our Chief Financial Officer in October 2023. Messrs. Glassman and Recca were our only Non-PEO named executive officers in 2022 and 2023 and the amounts attributed to Non-PEO NEOs for 2022 and 2023 reflects the amounts paid to each of them in 2022 and 2023. Mr. Glassman was our only Non-PEO named executive officer in 2024 and the amount attributed to Non-PEO NEOs for 2024 reflects the amounts paid to him in 2024.    
PEO Total Compensation Amount $ 1,005,716 $ 493,315 $ 544,592
PEO Actually Paid Compensation Amount [1] 473,645 385,375 464,992
Non-PEO NEO Average Total Compensation Amount [2] 595,594 279,195 340,621
Non-PEO NEO Average Compensation Actually Paid Amount [1],[3] $ 473,645 248,357 258,597
Compensation Actually Paid vs. Total Shareholder Return

   
Compensation Actually Paid vs. Net Income

   
Total Shareholder Return Amount [3] $ 44.73 35.71 46.7
Net Income (Loss) $ (1,366,000) $ (2,131,000) $ (1,076,000)
PEO Name Mr. Melluzzo    
[1] “Compensation Actually Paid” to our PEO and Non-PEO NEOs for 2023 and 2022 represents the “Total” compensation reported in the Summary Compensation Table less the “Stock Awards” reported in the Summary Compensation Table.  “Compensation Actually Paid” to Mr. Melluzzo for 2024 represents the “Total” compensation reported in the Summary Compensation Table reduced by $620,350 the fair value of 102,368 RSUs granted to Mr. Melluzzo on August 26, 2024, and increased by $416,638, the fair value of such RSUs, all of which were unvested, as of December 31, 2024.  “Compensation Actually Paid” to Mr. Glassman for 2024 represents the “Total” compensation reported in the Summary Compensation Table reduced by $371,363, the fair value of 61,281 RSUs granted to Mr. Glassman on August 26, 2024, and increased by $249,414, the fair value of such RSUs, all of which were unvested as of December 31, 2024.
[2] Scott Glassman replaced Michael Recca as our Chief Financial Officer in October 2023. Messrs. Glassman and Recca were our only Non-PEO named executive officers in 2022 and 2023 and the amounts attributed to Non-PEO NEOs for 2022 and 2023 reflects the amounts paid to each of them in 2022 and 2023. Mr. Glassman was our only Non-PEO named executive officer in 2024 and the amount attributed to Non-PEO NEOs for 2024 reflects the amounts paid to him in 2024.
[3] Assumes a $100 fixed investment as of year-end 2021 and continuing through year-end 2022, 2023 and 2024, respectively.