Pay vs Performance Disclosure - USD ($)
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12 Months Ended |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
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Value of Initial |
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Summary |
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Average Summary |
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Fixed $100 |
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Compensation Table |
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Compensation Table |
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Average |
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Investment Based |
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Total for Principal |
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Compensation |
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Total for Non-PEO |
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Compensation |
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on Total |
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Net Income |
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Executive Officer |
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Actually Paid to |
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Named Executive |
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Actually Paid to Non- |
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Shareholder |
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(Loss) |
Year |
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("PEO")(1) |
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PEO(2) |
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Officers ("NEOs")(3) |
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PEO NEOs(3) |
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Return ("TSR")(4) |
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(thousands)(6) |
2024 |
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$ |
498,042 |
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$ |
487,213 |
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$ |
199,485 |
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$ |
— |
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$ |
$2.99 |
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$ |
(15,752) |
2023 |
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514,479 |
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426,916 |
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244,283 |
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— |
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$22.79 |
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(51,602) |
2022 |
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636,089 |
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417,047 |
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347,104 |
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342,032 |
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$23.79 |
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(77,525) |
| (1) |
Dr. Litchman was the Registrant’s PEO for each of the 2024, 2023 and 2022 fiscal years.
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| (2) |
The amounts disclosed reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for PEO: |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
1,505 |
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$ |
(8,035) |
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$ |
(4,300) |
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$ |
— |
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$ |
(10,829) |
| (3) |
For the 2024 fiscal year, our Non-PEO NEO was James Murphy. Mr. Murphy was an external consultant, whose compensation is not included in this table. The amounts disclosed reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for Non-PEO NEO: |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
| (4) |
Calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the share price of our common stock at the end and the beginning of the measurement period by the share price of our common stock at the beginning of the measurement period. |
| (5) |
The dollar amounts reported represent the amount of net income (loss) reflected in our audited financial statements for the applicable year. |
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| Named Executive Officers, Footnote |
| (1) |
Dr. Litchman was the Registrant’s PEO for each of the 2024, 2023 and 2022 fiscal years.
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| (3) |
For the 2024 fiscal year, our Non-PEO NEO was James Murphy. Mr. Murphy was an external consultant, whose compensation is not included in this table. The amounts disclosed reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for Non-PEO NEO: |
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| PEO Total Compensation Amount |
$ 498,042
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$ 514,479
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$ 636,089
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| PEO Actually Paid Compensation Amount |
$ 487,213
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426,916
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417,047
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| Adjustment To PEO Compensation, Footnote |
| (2) |
The amounts disclosed reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for PEO: |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
1,505 |
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$ |
(8,035) |
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$ |
(4,300) |
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$ |
— |
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(10,829) |
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| Non-PEO NEO Average Total Compensation Amount |
$ 199,485
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244,283
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347,104
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| Non-PEO NEO Average Compensation Actually Paid Amount |
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342,032
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| Adjustment to Non-PEO NEO Compensation Footnote |
| (3) |
For the 2024 fiscal year, our Non-PEO NEO was James Murphy. Mr. Murphy was an external consultant, whose compensation is not included in this table. The amounts disclosed reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for Non-PEO NEO: |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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| Compensation Actually Paid vs. Total Shareholder Return |
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| Total Shareholder Return Amount |
$ 2.99
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22.79
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23.79
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| Net Income (Loss) |
$ (15,752,000)
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$ (51,602,000)
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$ (77,525,000)
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| PEO Name |
Dr. Litchman
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| Equity Awards Adjustments, Footnote |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
1,505 |
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$ |
(8,035) |
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$ |
(4,300) |
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$ |
— |
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(10,829) |
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Plus: Change in |
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Plus: Vesting Date |
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Plus: Year-Over- |
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Plus: Change in |
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Less: Grant Date |
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Value of Awards |
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Value of Awards |
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Year Change in |
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Value of Awards |
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Value of Equity |
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Granted During the |
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that Vested During |
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Fair Value of |
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Vested During the |
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Dividends on |
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Total |
Year |
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Awards |
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Current Year |
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the Year |
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Unvested Awards |
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Current Year |
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Unvested Awards |
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Adjustments |
2024 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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| PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ (10,829)
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| PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(8,035)
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| PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
1,505
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| PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ (4,300)
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