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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 Table

 

The following table provides information regarding “compensation actually paid” for our principal executive officer, or PEO, and our other NEOs for each of our fiscal years ended December 31, 2024, 2023 and 2022:

 

Year

 

Summary

Compensation

Table Total

for

Current

PEO

(Randle)(1)

   

Compensation

Actually

Paid

To Current

PEO

(Randle)(1)(2)

   

Summary Compensation

Table

Total for

Former

PEO

(Haruki)(1)

   

Compensation

Actually

Paid to

Former

PEO

(Haruki)(1)(2)

   

Average

Summary

Compensation

table

total for

Non-PEO

NEOs(1)

   

Average

Compensation

Actually Paid

to

Non-PEO

NEOs(1)(2)

   

Value of

Initial Fixed

$100

Investment

Based On

Total

Shareholder

Return(3)

   

Net

Income

(loss)

($)

 

2024

  $ 2,933,180     $ 2,933,180     $ N/A     $ N/A     $ 383,188     $ 383,003     $ 220.68     $ (7,391,000 )

2023

  $ 601,385     $ 601,385     $ 1,775,330     $ 1,775,330     $ 394,462     $ 365,440     $ 159.54     $ (3,080,000 )

2022

  $ N/A     $ N/A     $ 1,206,068     $ 642,721     $ 312,696     $ 293,497     $ 94.58     $ 1,787,000  

 

(1)

The table below includes the name of each individual serving as our PEO and NEOs during the last three fiscal years:

 

Fiscal Year PEO Non-PEO NEOs
2024 Race A. Randle Wade K. Kodama
2023

Warren H. Haruki, through March 31, 2023

Race A. Randle, beginning April 1, 2023

Wade K. Kodama

Paulus Subrata, through June 20, 2023

2022 Warren H. Haruki

Wade K. Kodama

Paulus Subrata

 

(2)

The dollar amounts reflected in this column represent the “compensation actually paid” to the PEO and the Non-PEO NEOs, respectively, computed in accordance with Item 402(v) of Regulation S-K. The following table reflects the adjustments made to determine the “compensation actually paid” (for the Non-PEO NEOs, all amounts are averages):

   
PEO Total Compensation Amount $ 2,933,180 $ 601,385 $ 0
PEO Actually Paid Compensation Amount $ 2,933,180 601,385 0
Adjustment To PEO Compensation, Footnote

 

Year

Executive(s)

 

 

 

Summary

Compensation

Table Total

   

 

 

Deduct

Stock

Awards

Granted in the Fiscal

Year

   

 

 

Deduct Option Awards Granted in the Fiscal Year

   

 

 

Add Year-

End

Fair Value

of Outstanding and

Unvested

Equity

Awards

Granted In the Fiscal

Year

   

 

 

Add

Vesting

Date

Fair

Value of

Awards

Granted

and

Vested

during

the

Fiscal

Year

   

 

 

Change in

Fair Value

of Outstanding and

Unvested

Equity

Awards

Granted in

Prior Years

   

 

 

Change

in

Vesting

Date

Fair

Value of

Equity

Awards

Granted

in

Prior

Years

Which

Vested

in

Year

   

 

 

Compensation

Actually Paid

 

2024

Current PEO (Randle)

  $ 2,933,180     $ -     $ (2,408,000 )   $ 2,408,000     $ -     $ -     $ -     $ 2,933,180  
 

Non-PEO NEOs

  $ 383,188     $ (147,000 )     -     $ 49,075     $ 24,537     $ 69,616     $ 3,587     $ 383,003  

2023

Current PEO (Randle)

  $ 601,385     $ -       -     $ -       -     $ -     $ -     $ 601,385  
 

Former PEO (Haruki)

  $ 1,775,330     $ (1,341,233 )     -     $ -       -     $ 798,372     $ 542,861       1,775,330  
 

Non-PEO NEOs

  $ 394,462     $ (165,812 )     -     $ 16,017     $ 53,502       -     $ 67,271     $ 365,440  

2022

Former PEO (Haruki)

  $ 1,206,068     $ (680,000 )     -     $ 176,667       -     $ (33,341 )   $ (26,673 )   $ 642,721  
 

Non-PEO NEOs

  $ 312,696     $ (37,250 )     -     $ 24,833       -     $ (3,768 )   $ (3,014 )   $ 293,497  

 

(3)

Total Shareholder Return, or TSR, is determined based on the value of an initial fixed investment of $100 on December 31, 2021.

 

   
Non-PEO NEO Average Total Compensation Amount $ 383,188 394,462 312,696
Non-PEO NEO Average Compensation Actually Paid Amount $ 383,003 365,440 293,497
Compensation Actually Paid vs. Total Shareholder Return

Relationship Between Compensation Actually Paid and Cumulative Total Shareholder Return

 

comp01.jpg
   
Compensation Actually Paid vs. Net Income

Relationship Between Compensation Actually Paid and Net Income

 

comp02.jpg
 
   
Total Shareholder Return Amount $ 220.68 159.54 94.58
Net Income (Loss) (7,391,000) (3,080,000) 1,787,000
Former PEO [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 0 1,775,330 1,206,068
PEO Actually Paid Compensation Amount   1,775,330 642,721
Non-PEO NEO Average Compensation Actually Paid Amount 0    
Former PEO [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   0 176,667
Former PEO [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   798,372 (33,341)
Former PEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   0 0
Former PEO [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   542,861 (26,673)
Former PEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   (1,341,233) (680,000)
Former PEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   0 0
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,408,000 0  
PEO | 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 0 0  
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0  
PEO | 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 0 0  
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0  
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (2,408,000) 0  
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 49,075 16,017 24,833
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 69,616 0 (3,768)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 24,537 53,502 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 3,587 67,271 (3,014)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (147,000) (165,812) (37,250)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0 $ 0 $ 0