How Healy was paid
$3M 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 | Stock | Incentive | Total |
|---|---|---|---|---|---|
| Thomas HealyChief Executive Officer | $650,000 | — | $2,178,596 | $162,500 | $2,991,096 |
| Jon PanzerChief Financial Officer | $450,000 | — | $638,487 | $84,375 | $1,172,862 |
| Joshua MookChief Technology Officer | $400,000 | $250,000 | $1,603,663 | $70,000 | $2,323,663 |
What changed and why
- $3MThomas Healy received total compensation of $2,991,096 in fiscal 2025, representing an increase from $2,655,900 in fiscal 2024.
- $250KJoshua Mook received a retention bonus of $250,000 to incentivize continued service during KARNO generator commercialization.
- Stock awards for named executive officers in fiscal 2025 included both time-based and performance-based restricted stock units.
- Non-equity incentive plan compensation for fiscal 2025 was earned under the Annual Incentive Plan and paid in March 2026.
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.