How Howe was paid
$568,788 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 | Other | Total |
|---|---|---|---|---|
| Richard K. HoweFormer Executive Chairman and Chief Executive Officer | $425,000 | $100,000 | — | $568,788 |
| Robert BuchnerChairman of the Board and Chief Executive Officer | $84,375 | $447,650 | $62,500 | $594,525 |
| Wallace D. RuizChief Financial Officer | $300,000 | $50,000 | $18,880 | $368,880 |
What changed and why
- $569KFormer CEO Richard K. Howe received total compensation of $568,788 in 2025, down from $973,867 in 2024.
- Robert Buchner became Chairman and CEO in February 2026 following Mr. Howe's departure.
- $5.1MThe company reported a net loss of $5,096,000 for the 2025 fiscal year.
- $683KMr. Howe received separation pay in a gross amount equal to $682,813 payable over 22 months.
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.