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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

This section provides information, as required by Item 402(v) of the SEC’s Regulation S-K, about the relationship between executive compensation actually paid (determined as prescribed by such Item 402(v)) and certain financial performance measures for the Company for each of the last three completed fiscal years. The information in this section is presented in accordance with the scaled disclosure rules applicable to smaller reporting companies. The Compensation Committee did not consider this pay versus performance disclosure when making its compensation decisions for any of the years shown.

The Pay versus Performance table below shows the compensation of those individuals who served as our principal executive officer (“PEO”) during each fiscal year presented below and the average compensation of the non-PEO named executive officers as previously reported in our Summary Compensation Table (“SCT”), as well as their “compensation actually paid,” or “CAP,” as calculated pursuant to SEC rules.

 

Year

 

SCT total
for PEO
(Gregory D.
Rizzo)

 

 

SCT total
for PEO
(Michael J.
Bourg)

 

 

SCT total
for PEO
(Walter W.
Morrissey)

 

 

CAP to
PEO
(Gregory D.
Rizzo)(1)

 

 

CAP to
PEO
(Michael J.
Bourg)(1)

 

 

CAP to
PEO
(Walter W.
Morrissey)(1)

 

 

Average
SCT total for
non-PEO
named
executive
officers(2)

 

 

Average
CAP to
non-PEO
named
executive
officers(2)

 

 

Value of
initial fixed
$100
investment
based on total
shareholder
return

 

 

Net Income/
(Loss)

 

2024

 

$

387,414

 

 

$

 

 

 

 

 

$

387,414

 

 

$

 

 

 

 

 

 

220,826

 

 

 

220,826

 

 

$

66.30

 

 

$

(5,615,614

)

2023

 

$

230,757

 

 

$

317,968

 

 

 

 

 

$

230,757

 

 

$

317,968

 

 

 

 

 

 

 

 

 

 

 

$

69.34

 

 

$

(4,401,584

)

2022

 

 

 

 

$

328,683

 

 

$

316,078

 

 

 

 

 

$

328,683

 

 

$

316,078

 

 

 

 

 

 

 

 

$

110.61

 

 

$

2,867,629

 

 

(1)
The dollar amounts reported as compensation actually paid to Mr. Rizzo, who was a PEO for part of 2023, Mr. Bourg, who was a PEO for part of 2023 and 2022, and Mr. Morrissey, who was a PEO for part of 2022 and for 2021, represent in each case the amount of compensation actually paid as computed in accordance with Item 402(v) of Regulation S-K. No amounts were added to or deducted from summary compensation table total compensation in the determination of compensation actually paid in accordance with Item 402(v) of Regulation S-K.
(2)
Except for 2024, there were no named executive officers other than the PEOs shown. In 2024, Mr. Joel M. Brown, our Chief Financial Officer, was the only named executive officer other than the PEO. No amounts were added to or deducted from summary compensation table total compensation in the determination of compensation actually paid in accordance with Item 402(v) of Regulation S-K.
     
Non-PEO NEO Average Total Compensation Amount $ 220,826      
Non-PEO NEO Average Compensation Actually Paid Amount $ 220,826      
Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid and Cumulative Total Shareholder Return

 

img22209334_0.jpg

     
Compensation Actually Paid vs. Net Income

Compensation Actually Paid and Net Income

 

img22209334_1.jpg

     
Total Shareholder Return Amount $ 66.3 $ 69.34 $ 110.61  
Net Income (Loss) (5,615,614) (4,401,584) 2,867,629  
Gregory D. Rizzo [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount 387,414 230,757    
PEO Actually Paid Compensation Amount $ 387,414 $ 230,757    
PEO Name   Mr. Rizzo    
Michael J. Bourg [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount   $ 317,968 328,683  
PEO Actually Paid Compensation Amount   $ 317,968 $ 328,683  
PEO Name   Mr. Bourg Mr. Bourg  
Walter W. Morrissey [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount     $ 316,078  
PEO Actually Paid Compensation Amount     $ 316,078  
PEO Name     Mr. Morrissey Mr. Morrissey