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electroCore, Inc.
We
recently adopted a written compensation recovery policy in accordance with applicable Nasdaq rules, a copy of which is filed as an exhibit
to the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
The policy generally provides that we will seek
to recover any incentive-based compensation erroneously awarded to any current or former executive officer due to material noncompliance
with any financial reporting requirement under the securities laws during the three completed fiscal years immediately preceding the
date we determine that an accounting restatement is required.
While
we do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_90F_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250101__20251231_zFW3D8A3g3gb">not</span> have a formal written policy in place with regard to the timing of certain equity awards in relation to the disclosure of material
nonpublic information, our Board and the Compensation Committee do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_900_eecd--AwardTmgMnpiCnsdrdFlag_dbF_c20250101__20251231_zQUavOiT2VS1">no</span>t seek to time equity grants to take advantage of information, either
positive or negative, about our company that has not been publicly disclosed. It has been our practice generally to grant initial equity
awards to our officers and non-employee directors in connection with their hiring or appointment to the Board, as applicable. We generally
intend to issue equity awards to our officers at approximately the same time each year, typically in close proximity to the first regularly
scheduled meeting of our Compensation Committee each fiscal year. In addition, non-employee directors receive automatic grants of initial
and annual equity awards, at the time of a director’s initial appointment or election to the Board and at the time of each annual
meeting of our stockholders, respectively, pursuant to our Non-Employee Director Compensation Policy. Option grants generally are effective
on the date the award determination is made by the Compensation Committee or the Board, as the case may be, and the exercise price of
options is typically based upon the Fair Market Value of our common stock as defined in our 2018 Plan.
false
false
<table cellpadding="0" cellspacing="0" id="xdx_88D_eecd--PvpTableTextBlock_z5LxmzPY6lCh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year</td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48B_eecd--PeoTotalCompAmt_z2FvpyqJIU59" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Summary Compensation Table Total for PEO <sup id="xdx_F54_zfqQJrdwJqnb">(1)</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_485_eecd--PeoActuallyPaidCompAmt_z14Qwq6KLwOh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Compensation Actually Paid to PEO <sup id="xdx_F55_zaNfg2SDGOUk">(2)</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48F_eecd--NonPeoNeoAvgTotalCompAmt_zZGDE9XPZg1i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Summary Compensation Table Total for Other <br/> NEOs <sup id="xdx_F50_z0w0HP0gMkzh">(3)</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48D_eecd--NonPeoNeoAvgCompActuallyPaidAmt_zZK9wl01okL5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Compensation Actually Paid to Other <br/> NEOs <sup id="xdx_F5E_zd2XOm3g21Nl">(4)</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48D_eecd--TotalShareholderRtnAmt_pp2d_zkpCwAtR5Zpb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Value of Initial Fixed $100 Investment Based On Total Shareholder Return <sup id="xdx_F5D_z9Y3NhezhCy6">(5)</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_488_eus-gaap--NetIncomeLoss_zEH1c0nNcMlj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Net Income (Loss)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr>
<tr id="xdx_418_20250101__20251231_zySLOqCaL0sb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 13%; text-align: center">2025</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,636,687</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">226,173</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">707,480</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">333,571</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">116.32</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">(13,966,000</td><td style="width: 1%; text-align: left">)</td></tr>
<tr id="xdx_411_20240101__20241231_zld1xJMPScyl" style="vertical-align: bottom; background-color: White">
<td style="text-align: center">2024</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">1,618,585</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">2,689,668</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">600,704</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">764,441</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">419.95</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(11,886,000</td><td style="text-align: left">)</td></tr>
<tr id="xdx_410_20230101__20231231_zZOWsfp0dIP6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: center">2023</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">1,281,333</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">1,337,859</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">679,291</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">741,704</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">154.15</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(18,834,000</td><td style="text-align: left">)</td></tr>
</table>
1636687
226173
707480
333571
116.32
-13966000
1618585
2689668
600704
764441
419.95
-11886000
1281333
1337859
679291
741704
154.15
-18834000
<p id="xdx_89B_eecd--NamedExecutiveOfficersFnTextBlock_dU_zSeinNza1Ft5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></td>
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The dollar amounts reported are the amounts of total compensation reported for our former PEO, <span id="xdx_904_eecd--PeoName_c20250101__20251231_zn2lp2gJV1Bh"><span id="xdx_90E_eecd--PeoName_c20240101__20241231_z45N35DGrIZd"><span id="xdx_90B_eecd--PeoName_c20230101__20231231_z8dEigTfVIul">Daniel Goldberger</span></span></span>, in the Summary Compensation
Table of our Annual Report on Form 10-K for fiscal years 2025, 2024 and 2023.</span></td></tr>
</table>
Daniel Goldberger
Daniel Goldberger
Daniel Goldberger
<p id="xdx_896_eecd--AdjToPeoCompFnTextBlock_dU_znThrhp5QEfc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
calculate the amounts of compensation actually paid to each of the PEO and Other NEOs reported in the table above, the following amounts
were deducted from and added to (as applicable) compensation as reported in the Summary Compensation Table:</span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">PEO</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other NEOs</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 40%; text-align: left">Summary Compensation Table Total</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_987_eecd--PeoTotalCompAmt_c20250101__20251231_zL9jKfpgvpgg" style="width: 6%; text-align: right">1,636,687</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eecd--PeoTotalCompAmt_c20240101__20241231_zwOPzYWO9wqf" style="width: 6%; text-align: right">1,618,585</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eecd--PeoTotalCompAmt_c20230101__20231231_zXM0232sI2F3" style="width: 6%; text-align: right">1,281,333</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_986_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zjzgqdIww671" style="width: 6%; text-align: right">707,480</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_988_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_zUzq4pamMSNk" style="width: 6%; text-align: right">600,704</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zBDCgn7vyuw9" style="width: 6%; text-align: right">679,291</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Grant Date Fair Value of Equity Awards <sup>(1)</sup></span></td><td> </td>
<td style="text-align: left"> </td><td id="xdx_987_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zsg357IDJwS6" style="text-align: right">(788,198</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98E_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zT4TRRPvAvi9" style="text-align: right">(486,000</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_980_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zdr1NIymLfbb" style="text-align: right">(230,000</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_989_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zkMdlJBdR2Ta" style="text-align: right">(178,580</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zP9ATeERbIb1" style="text-align: right">(98,720</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98E_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--GrantDateFairValueOfEquityAwardsMember_fKDEp_zxa3vAiOnFqk" style="text-align: right">(79,415</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; text-align: left">Less: Prior Year-End Fair Value of Equity Awards Granted in Prior Years that Forfeited During the Fiscal Year</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_983_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zuUlOGGTgUJl" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0061">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98D_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zWBKohWMPwrc" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0062">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98B_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zBxlVNfTMHQ6" style="text-align: right">(40,553</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_984_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zUBIRVHlEqmi" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0064">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_989_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zNDVLSsCJiFd" style="text-align: right">(70,957</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_988_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--PriorYearEndFairValueOfEquityAwardsGrantedInPriorYearsThatForfeitedDuringFiscalYearMember_zc0HHquAKwu4" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0066">-</span></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left">Add: Year-End Fair Value of Equity Awards Granted in the Year</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_987_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_zeI2xl027xy7" style="text-align: right">331,600</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_988_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_zVR9R8pfqgzf" style="text-align: right">1,215,750</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98B_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_zAaLoAlCKk32" style="text-align: right">297,500</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_983_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_znMbbKhylf0h" style="text-align: right">66,480</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_985_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_zuEH8hvA9SWl" style="text-align: right">259,360</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_980_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearEndFairValueOfEquityAwardsGrantedInYearMember_zUvRDNb0Lm07" style="text-align: right">105,680</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; text-align: left">Add: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98F_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_z9oIaeugzqpg" style="text-align: right">(781,333</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_980_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_zo7VHs3jhywc" style="text-align: right">342,000</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_98A_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_zwlHqxHYYBBf" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0075">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_989_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_z80DFzjmVW6b" style="text-align: right">(201,580</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td id="xdx_980_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_zaEDVlP8pt4a" style="text-align: right">75,817</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td id="xdx_985_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember_zVrulS5YvgPj" style="text-align: right">28,966</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Add: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zPkje5eFntX3" style="border-bottom: Black 1pt solid; text-align: right">(172,583</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zX94vsqQDopi" style="border-bottom: Black 1pt solid; text-align: right">(667</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zQMd6hntyAK7" style="border-bottom: Black 1pt solid; text-align: right">29,579</td><td style="padding-bottom: 1pt; text-align: left"></td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eecd--AdjToCompAmt_c20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zgYvL9gTiMl1" style="border-bottom: Black 1pt solid; text-align: right">(60,229</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eecd--AdjToCompAmt_c20240101__20241231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zjyTognTN4P4" style="border-bottom: Black 1pt solid; text-align: right">(1,763</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eecd--AdjToCompAmt_c20230101__20231231__ecd--IndividualAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInYearMember_zl0uCRv5ER17" style="border-bottom: Black 1pt solid; text-align: right">7,182</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2.5pt">Compensation Actually Paid</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_981_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_z5QWUeGQdzV9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">226,173</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_984_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zjsuu6qNZE7k" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">2,689,668</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_986_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_zEdt3BWXe813" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,337,859</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_98D_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zl2jUgjO0yke" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">333,571</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_980_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zbf04cb2Blie" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">764,441</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td id="xdx_983_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_z99jFZsKlAV1" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">741,704</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td>
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span id="xdx_F00_zletnudVWDy7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_F14_zRMh8gpbS9V7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
the grant date fair value of the equity awards as reported in the Summary Compensation Table.</span></td></tr>
</table>
1636687
1618585
1281333
707480
600704
679291
-788198
-486000
-230000
-178580
-98720
-79415
-40553
-70957
331600
1215750
297500
66480
259360
105680
-781333
342000
-201580
75817
28966
-172583
-667
29579
-60229
-1763
7182
226173
2689668
1337859
333571
764441
741704
<p id="xdx_891_eecd--Additional402vDisclosureTextBlock_dU_zBICPb9Z909h" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
accordance with Item 402(v) requirements, the fair values of unvested and outstanding equity awards were remeasured as of the end of
each fiscal year, and as of each vesting date, during the years displayed in the table above. For a discussion of the assumptions made
in the valuation at grant, see Note 14 to the Consolidated Financial Statements included in our Form 10-K.</span></p>
true