Definitive proxy statements

Pay vs Performance Disclosure

v3.26.1
Pay vs Performance Disclosure - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table ("SCT") Total for
Former PEO
 Hutter(1)
Compensation
Actually
Paid to Former
PEO Hutter(1)(2)
SCT Total for
Current PEO
 Kitchen(1)
Compensation
Actually
Paid to Current
PEO Kitchen(1)(2)
Average SCT
Total for
Non-PEO
NEOs(1)
Average
Compensation
Actually Paid to
Non-PEO NEOs(1)(2)
Value of Initial Fixed
 $100 Investment Based
On
Total Shareholder
Return
 for the Company(3)
Net Income
($MMs)(4)
2025 $— $— $1,372,017 $1,778,947 $695,013 $804,873 $186.74 $0.87
2024 $5,472 $(103,628) $639,647 $729,080 $307,301 $326,000 $128.95 $(13.60)
2023 $35,568 $(105,332) $— $— $327,919 $345,588 $110.27 $(26.63)
   
Named Executive Officers, Footnote The PEO was Christopher G. Hutter for 2023 and 2024 as well as J. Bryan Kitchen in 2024 and 2025; the names of each of the NEOs (excluding Messrs. Hutter and Kitchen) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, Ryan Kavalauskas and Harshil Shah; (ii) for 2024, Ryan Kavalauskas and G. Douglas Tackett Jr.; and (iii) for 2023, William S. Steckel and G. Douglas Tackett Jr.    
Adjustment To PEO Compensation, Footnote
(2) The following table summarizes the adjustments required to be made to the amounts reported in the Summary Compensation Table for the applicable year in accordance with Item 402(v) of Regulation S-K in order to determine the amounts shown in the table above as being “Compensation Actually Paid”:

Current PEO (Kitchen) Average of Non-PEO NEOs
Adjustments 2025 2025
Total Compensation from SCT $1,372,017 $695,013
(Subtraction): Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year ($422,017) ($181,448)
Addition: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year $592,777 $256,514
Addition (Subtraction): Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years $172,637 $27,308
Addition: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year $— $—
Addition (Subtraction): Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions Were Satisfied During Fiscal Year $63,533 $7,486
(Subtraction): Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year $— $—
Compensation Actually Paid $1,778,947 $804,873
   
Non-PEO NEO Average Total Compensation Amount $ 695,013 $ 307,301 $ 327,919
Non-PEO NEO Average Compensation Actually Paid Amount $ 804,873 326,000 345,588
Adjustment to Non-PEO NEO Compensation Footnote
(2) The following table summarizes the adjustments required to be made to the amounts reported in the Summary Compensation Table for the applicable year in accordance with Item 402(v) of Regulation S-K in order to determine the amounts shown in the table above as being “Compensation Actually Paid”:

Current PEO (Kitchen) Average of Non-PEO NEOs
Adjustments 2025 2025
Total Compensation from SCT $1,372,017 $695,013
(Subtraction): Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year ($422,017) ($181,448)
Addition: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year $592,777 $256,514
Addition (Subtraction): Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years $172,637 $27,308
Addition: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year $— $—
Addition (Subtraction): Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions Were Satisfied During Fiscal Year $63,533 $7,486
(Subtraction): Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year $— $—
Compensation Actually Paid $1,778,947 $804,873
   
Compensation Actually Paid vs. Total Shareholder Return
CAP Versus Company TSR
From 2024 to 2025, there was an increase in CAP for both our PEO as well as the average of our non-PEO NEOs over the two-fiscal-year period ending December 31, 2025. Over the same time period, our cumulative TSR increased.

From 2023 to 2024, there was a slight increase in CAP for our former PEO, Christopher G. Hutter, and a slight decrease in CAP for the average of non-PEO NEOs over the two-fiscal-year period ending December 31, 2024. Over the same time period, our cumulative TSR increased. Our current PEO, J. Bryan Kitchen, was only a PEO in 2024 and 2025.
   
Compensation Actually Paid vs. Net Income
CAP Versus Net Income
From 2024 to 2025, there was an increase in CAP for both our PEO as well as the average of our non-PEO NEOs over the two-fiscal-year period ending December 31, 2025. Net Income also increased from 2024 to 2025, recognizing compensation is not directly tied to Net Income within our compensation program.

From 2023 to 2024, there was a slight increase in CAP for our former PEO, Christopher G. Hutter, and a slight decrease in CAP for the average of non-PEO NEOs over the two-fiscal-year period ending December 31, 2024. Net Income also increased from 2023 to 2024, recognizing compensation is not directly tied to Net Income within our compensation program. Our current PEO, J. Bryan Kitchen, was only a PEO in 2024 and 2025.
   
Total Shareholder Return Amount $ 186.74 128.95 110.27
Net Income (Loss) $ 870,000 (13,600,000) (26,630,000)
Additional 402(v) Disclosure Total shareholder return is calculated by dividing (i) the difference between the Company’s share price at the end of the measurement period and the beginning of the measurement period (December 31, 2022) by (ii) the Company’s share price at the beginning of the measurement period (December 31, 2022).
(4) Represents the amount of net income (loss) reflected in the Company’s audited financial statements for each applicable year.
   
Christopher Hutter [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 0 5,472 35,568
PEO Actually Paid Compensation Amount 0 $ (103,628) $ (105,332)
PEO Name   Christopher G. Hutter Christopher G. Hutter
Bryan Kitchen [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 1,372,017 $ 639,647 $ 0
PEO Actually Paid Compensation Amount $ 1,778,947 $ 729,080 $ 0
PEO Name J. Bryan Kitchen J. Bryan Kitchen  
PEO | Bryan Kitchen [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 $ 592,777    
PEO | Bryan Kitchen [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 172,637    
PEO | Bryan Kitchen [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Bryan Kitchen [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 0    
PEO | Bryan Kitchen [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 63,533    
PEO | Bryan Kitchen [Member] | Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (422,017)    
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 256,514    
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 27,308    
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 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 0    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 7,486    
Non-PEO NEO | Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (181,448)