How Chung was paid
$206,542 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 | Other | Total |
|---|---|---|---|
| Li Wai ChungChief Executive Officer and President | $206,542 | — | $206,542 |
| David LazarFormer Chief Executive Officer and Chief Financial Officer | — | — | — |
| Cao YuChief Financial Officer | $57,187 | $25,000 | $82,187 |
What changed and why
- $207K$206,542 was Li Wai Chung’s 2025 salary, with no bonus, equity, incentive, or other compensation reported.
- Li Wai Chung became CEO on February 26, 2025, replacing David Lazar.
- $402KDavid Lazar’s 2025 compensation row showed dashes; his 2024 total was $402,250.
- $57,187Cao Yu received $57,187 in salary and $25,000 in director fees during 2025.
- No financial performance measures linked executive compensation during 2023 through 2025.
- No outstanding equity awards remained at December 31, 2025.
Other FiEE proxy statements
- 2025 proxy statement
David Lazar paid $402,250.
Filed Sep 22, 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.