Recovery of Erroneously Awarded Compensation - Restatement Determination Date:: 2023-11-02 |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Erroneously Awarded Compensation Recovery | |
| Restatement Determination Date | Nov. 02, 2023 |
| Erroneous Compensation Analysis |
Clawback Policy
On November 2, 2023, the Board adopted the Company’s Clawback Policy in accordance with applicable Nasdaq rules (the “Clawback Policy”). The Clawback Policy provides that we will recover reasonably promptly the amount of erroneously awarded incentive-based compensation to any current or former executive officers in the event that the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period. A copy of the Clawback Policy is filed as Exhibit 97.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. |