The following table sets forth additional compensation information of our Chief Executive Officer (referred to as our “PEO” in this section) and of the average of our other NEOs (the “Non-PEO NEOs”) along with total shareholder return and net income (loss) for 2023, 2022 and 2021:
| Year | Summary Compensation Table Total for 2023 PEO(1) ($) | Compensation Actually Paid to 2023 PEO(2) ($) | Summary Compensation Table Total for Former PEO(1) | Compensation Actually Paid to Former PEO(2) | Summary Compensation Table Total for Former PEO (1) | Compensation Actually Paid to Former PEO(2) | Average Summary Compensation Table Total for Non-PEO NEOs (1) ($) | Average Compensation Actually Paid to Non-PEO NEOs (2) ($) | Value of Initial Fixed $100 Investment Based on: Total Shareholder Return (3) ($) | Net Income (Loss) ($) |
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| 2023 | 569,114 | 113,661 | — | — | — | — | 396,715 | 236,000 | 4.6 | (8,132,167) |
| 2022 | 837,238 | 912,428 | 189,118 | 194,131 | — | — | 408,171 | 304,596 | 18.0 | (10,362,662) |
| 2021 | — | — | 1,144,867 | 813,490 | 653,041 | 577,320 | 680,236 | 528,915 | 74.3 | 2,973,647 |
| (1) | For 2023, the PEO was Kyle Udseth, and the Non-PEO NEOs were Eric Ingvaldson and Kristin Hlavka. For 2022, the PEO was Roger H.D. Lacey until March 28, 2022, and Kyle Udseth, beginning March 28, 2022, and the Non-PEO NEOs were Eric Ingvaldson and Kristin Hlavka. For 2021, the PEO was Anita Kumar until August 1, 2021, and Roger H.D. Lacey, beginning August 1, 2021, and the Non-PEO NEOs were Mark Fandrich and Scott Fluegge. |
| (2) | A reconciliation of Total Compensation from the Summary Compensation Table (“SCT”) to Compensation Actually Paid to our PEOs and our Non-PEO NEOs (as an average) is shown below: |
| (3) | Total shareholder return (“TSR”) as calculated is based on a fixed investment of $100 measured from the market close on December 31, 2020 through and including the end of the fiscal year for each year reported in the table. |
| Adjustments | 2023 PEO ($) | Average of Non-PEO NEOs ($) |
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| Total 2023 Compensation from SCT | 569,114 | 396,715 |
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| Subtraction: Stock Awards and Option Awards reported in SCT | 151,072 | 109,527 |
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| Addition: Fair value at year-end of awards granted during the covered fiscal year that are outstanding and unvested at covered year-end | 63,214 | 45,830 |
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| Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at covered year-end | (264,304) | (69,747) |
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| Addition: Vesting date fair value of awards granted and vesting during the covered year | — | — |
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| Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied during the covered year | (103,291) | (27,272) |
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| (Subtraction): Fair value at end of prior year of awards granted in any prior fiscal year that failed to meet the applicable vesting conditions during the covered year | — | — |
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| Addition: Dividends or other earnings paid on stock or option awards in the covered year prior to vesting if not otherwise included in the total compensation for the covered year | — | — |
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| Compensation Actually Paid for 2023 (as calculated) | 113,661 | 235,999 |
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| Adjustments | 2023 PEO ($) | Former PEO (Lacey) ($) | Average of Non-PEO NEOs ($) |
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| Total 2022 Compensation from SCT | 837,238 | 189,118 | 408,171 |
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| Subtraction: Stock Awards and Option Awards reported in SCT | 455,696 | 30,380 | 243,670 |
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| Addition: Fair value at year-end of awards granted during the covered fiscal year that are outstanding and unvested at covered year-end | 530,886 | 35,393 | 140,095 |
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| Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at covered year-end | — | — | — |
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| Addition: Vesting date fair value of awards granted and vesting during the covered year | — | — | — |
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| Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied during the covered year* | — | — | — |
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| (Subtraction): Fair value at end of prior year of awards granted in any prior fiscal year that failed to meet the applicable vesting conditions during the covered year | — | — | — |
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| Addition: Dividends or other earnings paid on stock or option awards in the covered year prior to vesting if not otherwise included in the total compensation for the covered year | — | — | — |
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| Compensation Actually Paid for 2022 (as calculated) | 912,428 | 194,131 | 304,596 |
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| Adjustments | Former PEO (Lacey) ($) | Former PEO (Kumar) ($) | Average of Non-PEO NEOs ($) |
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| Total 2021 Compensation from SCT | 1,144,867 | 653,041 | 680,236 |
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| Subtraction: Stock Awards and Option Awards reported in SCT and value of “Acceleration of Stock Options and Restricted Stock Units” as reported in SCT under All Other Compensation* | 938,363 | 197,584 | 380,077 |
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| Addition: Fair value at year-end of awards granted during the covered fiscal year that are outstanding and unvested at covered year-end | — | — | — |
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| Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at covered year-end | — | — | — |
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| Addition: Vesting date fair value of awards granted and vesting during the covered year | — | — | — |
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| Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied during the covered year | 603,062 | 121,046 | 226,189 |
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| (Subtraction): Fair value at end of prior year of awards granted in any prior fiscal year that failed to meet the applicable vesting conditions during the covered year | — | — | — |
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| Addition: Dividends or other earnings paid on stock or option awards in the covered year prior to vesting if not otherwise included in the total compensation for the covered year | 3,924 | 817 | 2,138 |
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| Compensation Actually Paid for 2021 (as calculated) | 813,490 | 577,320 | 528,915 |
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