XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Jan. 01, 2023
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

The following table sets forth compensation information and financial performance measures for the three most recent fiscal years. We have elected to follow the scaled disclosure requirements applicable to Smaller Reporting Companies with respect to the Pay Versus Performance Table. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company’s aligns executive compensation with the Company’s performance, refer to “Executive Compensation – Compensation Discussion and Analysis.” Fair value amounts below are computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under generally accepted accounting principles. Total shareholder return has been calculated in a manner consistent with Item 402(v) of Regulation S-K.

 

                                    Value of Initial Fixed $100 Investment Based On:          

Year

  Summary Compensation Table Total for PEO     Compensation Actually Paid to PEO    

Average Summary Compensation Table Total for Non-PEO NEOs

    Average Compensation Actually Paid to Non-PEO NEOs     Total Shareholder Return    

Net Income (Loss)

 

(a)

 

(b)

   

(c)

   

(d)

   

(e)

   

(f)

   

(h)

 

2024

  $ 1,471,241     $ 1,419,065     $ 917,401     $ 904,071     $ 192.95     $ (3,841,000 )

2023

  $ 1,445,392     $ 1,439,624     $ 871,608     $ 866,818     $ 365.70     $ (263,000 )

2022

  $ 1,338,135     $ 1,310,401     $ 684,160     $ 599,787     $ 97.35     $ (4,267,000 )

 

 

(1)

For all years in question, our Principal Executive Officer (PEO) was the Company’s President and Chief Executive Officer, Brian C. Faith.

(2)

Compensation Actually Paid to PEO reflects the exclusions and inclusions related to timing variations. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Equity Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.

 

 

   
PEO Total Compensation Amount $ 1,471,241 $ 1,445,392 $ 1,338,135
PEO Actually Paid Compensation Amount 1,419,065 1,439,624 1,310,401
Non-PEO NEO Average Total Compensation Amount 917,401 871,608 684,160
Non-PEO NEO Average Compensation Actually Paid Amount 904,071 866,818 599,787
Total Shareholder Return Amount 192.95 365.7 97.35
Net Income (Loss) $ (3,841,000) $ (263,000) $ (4,267,000)