How Hakim was paid
$643,405 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Dorith HakimChief Executive Officer | $405,481 | $230,925 | — | $6,999 | $643,405 |
| Jay MulhallVice President of Business Development | $239,587 | $44,776 | $20,000 | $11,272 | $315,635 |
| Paula CastellanoFormer Senior Vice President of Operations | $187,512 | $56,298 | — | $3,750 | $247,560 |
| Philip PassarelloFormer Chief Financial Officer | $242,308 | $105,087 | $50,000 | $4,846 | $402,241 |
What changed and why
- $643K$643,405 was CEO Dorith Hakim's 2025 total compensation, down from $841,913 in 2024.
- $231K$230,925 of Hakim's compensation was stock awards subject to time-based and performance-based vesting.
- No annual performance-based cash incentive compensation was earned or awarded for fiscal 2025.
- Three 2025 restricted-stock awards used accounts payable delinquency, bank debt minus cash, and net profit metrics.
- 60%60% of Hakim's base salary was her target performance-based cash bonus opportunity.
- $70,000$70,000 of restricted stock was awarded to former CFO Philip Passarello, whose employment ended in 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.