How Burns was paid
$1.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Captain Joseph D. BurnsChief Executive Officer and Director | $363,462 | $350,000 | $352,100 | — | — | $1,065,562 |
| John UczekajPresident, Chief Operating Officer and Director | $366,602 | $100,000 | $736,676 | $32,996 | $6,505 | $1,242,779 |
| Dr. Mariya PylypivChief Financial Officer | $155,769 | $90,000 | $800,000 | — | — | $1,045,769 |
What changed and why
- $1.1MCaptain Joseph D. Burns received total compensation of $1,065,562 for fiscal year 2025 after receiving no compensation in 2024.
- Named executive officers were eligible for discretionary annual performance bonuses determined by the board.
- $1.2MJohn Uczekaj received $1,242,779 in total compensation including stock awards and carveout plan payouts.
- $1MDr. Mariya Pylypiv joined as Chief Financial Officer on June 16, 2025 and earned $1,045,769.
- Employment agreements provide severance and acceleration benefits upon qualifying terminations or changes in control.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.