Pay Versus Performance

As discussed above, the Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our executives' compensation to the achievement of the Company’s financial, operational and strategic objectives. The following tables set forth information concerning the compensation and compensation actually paid to Mark Winmill, President and CEO, our principal executive officer ("PEO"), and Thomas O'Malley, CFO, and Donald Klimoski II, SVP - Operations and General Counsel, our other named executive officers ("NEOs"), calculated in accordance with SEC regulations, for fiscal years 2023 and 2022, and our financial performance for each such fiscal year:


Year	Summary Compensation Table Total for PEO	Compensation Actually Paid to PEO	Average Summary Compensation Table Total for Non-PEO NEOs	Average Compensation Actually Paid to Non-PEO NEOs	Value of Initial Fixed $100 Investment Based on Total Shareholder Return (TSR)	Net Income
2023	$593,069	$582,049	$269,016	$264,217	$101	$2,938,769
2022	$526,253	$512,756	$208,558	$202,704	$90	$2,057,723
2021	$587,950	$660,453	$247,262	$278,695	$149	$3,281,251

To calculate the Compensation Actually Paid ("CAP"), the following amounts were deducted from and added to the Summary Compensation Table ("SCT") total compensation:

PEO SCT Total to CAP Reconciliation


Year	Salary	Bonus	Stock Awards	All Other Compensation	SCT Total	Grant Date Fair Value of Current Year Equity Awards included in SCT	Fair Value Adjustments to SCT Table	CAP
2023	$427,000	$16,423	$82,470	$67,176	$593,069	$(82,470)	$71,450	$582,049
2022	$397,000	$15,269	$55,899	$58,085	$526,253	$(55,899)	$42,402	$512,756
2021	$377,000	$14,500	$144,844	$51,566	$587,950	$(144,844)	$217,387	$660,453

Average Non-PEO NEOs SCT Total to CAP Reconciliation


Year	Salary	Bonus	Stock Awards	All Other Compensation	SCT Total	Grant Date Fair Value of Current Year Equity Awards included in SCT	Fair Value Adjustments to SCT Table	CAP
2023	$206,823	$8,616	$35,969	$17,608	$269,016	$(35,969)	$31,170	$264,217
2022	$164,754	$6,635	$24,380	$12,789	$208,558	$(24,380)	$18,526	$202,704
2021	$166,076	$5,923	$62,689	$12,571	$247,262	$(62,689)	$94,122	$278,695

Supplemental Tables

PEO Equity Component of CAP


Year	Fair Value of Current Year Equity Awards at December 31, (a)	Change in Fair Value of Prior Years' Awards Unvested at December 31, (b)	Fair Value of Current Year Vested Awards (c)	Change in Fair Value of Prior Years' Awards Vested through the Year Ended December 31, (d)	Change in Value of Prior Year's Awards Failed to Vest through the Year Ended December 31, (e)	Dividends on Unvested Awards/Accrued Dividends (f)	Equity Value included in CAP (g) = (a)+(b)+(c)+(d)+(e)+(f)
2023	$60,779	$(3,870)	$14,541	$ 696	$ —	$ 9,390	$81,536
2022	$40,119	$(15,495)	$10,260	$(1,790)	$ —	$9,308	$42,402
2021	$148,776	$9,329	$31,586	$19,512	$ —	$8,184	$217,387

Average Non-PEO NEOs Equity Component of CAP


Year	Fair Value of Current Year Equity Awards at December 31, (a)	Change in Fair Value of Prior Years' Awards Unvested at December 31, (b)	Fair Value of Current Year Vested Awards (c)	Change in Fair Value of Prior Years' Awards Vested through the Year Ended December 31, (d)	Change in Value of Prior Year's Awards Failed to Vest through the Year Ended December 31, (e)	Dividends on Unvested Awards/Accrued Dividends (f)	Equity Value included in CAP (g) = (a)+(b)+(c)+(d)+(e)+(f)
2023	$26,508	$(1,679)	$6,342	$304	$ —	$3,912	$35,387
2022	$17,500	$(6,707)	$4,473	$(777)	$ —	$4,037	$18,526
2021	$64,376	$4,053	$13,664	$8,451	$ —	$3,578	$94,122

PEO Actually Paid Compensation Amount

$ 582,049

512,756

660,453

Non-PEO NEO Average Total Compensation Amount

$ 269,016

208,558

247,262

Adjustment to Non-PEO NEO Compensation Footnote

Average Non-PEO NEOs SCT Total to CAP Reconciliation


Year	Salary	Bonus	Stock Awards	All Other Compensation	SCT Total	Grant Date Fair Value of Current Year Equity Awards included in SCT	Fair Value Adjustments to SCT Table	CAP
2023	$206,823	$8,616	$35,969	$17,608	$269,016	$(35,969)	$31,170	$264,217
2022	$164,754	$6,635	$24,380	$12,789	$208,558	$(24,380)	$18,526	$202,704
2021	$166,076	$5,923	$62,689	$12,571	$247,262	$(62,689)	$94,122	$278,695

Average Non-PEO NEOs Equity Component of CAP


Year	Fair Value of Current Year Equity Awards at December 31, (a)	Change in Fair Value of Prior Years' Awards Unvested at December 31, (b)	Fair Value of Current Year Vested Awards (c)	Change in Fair Value of Prior Years' Awards Vested through the Year Ended December 31, (d)	Change in Value of Prior Year's Awards Failed to Vest through the Year Ended December 31, (e)	Dividends on Unvested Awards/Accrued Dividends (f)	Equity Value included in CAP (g) = (a)+(b)+(c)+(d)+(e)+(f)
2023	$26,508	$(1,679)	$6,342	$304	$ —	$3,912	$35,387
2022	$17,500	$(6,707)	$4,473	$(777)	$ —	$4,037	$18,526
2021	$64,376	$4,053	$13,664	$8,451	$ —	$3,578	$94,122