How Meissner was paid
$1.6M 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 | Options | Other | Total |
|---|---|---|---|---|---|
| Robert NisticoFormer Chief Executive Officer and Director | $312,378 | — | $1,284,899 | $13,200 | $1,610,477 |
| William MeissnerFormer President | $319,477 | — | $1,284,899 | $9,600 | $1,613,976 |
| William DevereuxFormer CFO | $281,267 | $80,000 | $1,808,570 | $9,000 | $2,178,837 |
What changed and why
- $1.6M$1,613,976 was William Meissner's 2025 total compensation after becoming principal executive officer in November 2025.
- $1.3M$1,284,899 in option awards comprised most of each former CEO and former president's 2025 total compensation.
- $2.2M$2,178,837 was former CFO William Devereux's 2025 total compensation, including an $80,000 bonus.
- $1.3M$1,262,500 in July 2025 warrants issued to officers, directors, and employees were subsequently cancelled in 2026.
- $300K$300,000 is Interim CEO Brady Cobb's annual base salary under his employment agreement.
- June 2026 option grants included 231,250 options for Interim CEO Brady Cobb.
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.