How Etherington was paid
$933,394 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 | Options | Other | Total |
|---|---|---|---|---|
| Robert EtheringtonPresident and Chief Executive Officer | $508,763 | $386,151 | $38,480 | $933,394 |
| Mark MortensonChief Science Officer | $412,017 | $368,357 | $29,052 | $809,426 |
| Morgan R. BrownChief Financial Officer | $292,578 | $163,486 | $31,586 | $487,650 |
What changed and why
- $933KChief executive officer total compensation decreased to $933,394 in fiscal year 2025 from $1,367,727 in the prior year.
- Bonuses for 2025 were zero across all named executive officers due to company cost-saving initiatives.
- $3.95Stock option awards were valued using the Black-Scholes option pricing model with weighted average grant-date fair values of $3.95.
- $958KCompensation actually paid to the chief executive officer was calculated at $957,870 for the fiscal year 2025.
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.