How Breen was paid
$1.7M 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 |
|---|---|---|---|---|---|
| Michael BreenChairman, Chief Executive Officer, and President | $641,020 | $585,058 | $342,000 | $159,569 | $1,727,646 |
| Alan UrbanChief Financial Officer | $393,750 | $157,500 | $113,000 | $75,060 | $739,310 |
What changed and why
- $1.7M$1,727,646 was CEO total compensation in 2025 versus $1,186,972 in 2024.
- $342K$342,000 CEO option award was granted in 2025 for 300,000 common shares.
- $75,996$75,996 of CEO other compensation represented paid time off payout in 2025.
- 75%75% was the CEO’s target annual bonus under his employment agreement.
- $113K$113,000 CFO option award was granted in 2025 for 100,000 common shares.
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.