How Somo was paid
$2.2M 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 | Other | Total |
|---|---|---|---|---|---|
| David SomoPresident and Chief Executive Officer | $57,212 | — | $2,083,739 | $19,816 | $2,160,767 |
| Timothy BurnsChief Financial Officer and Secretary | $282,576 | $11,774 | $174,570 | $25,868 | $494,788 |
| R. Daniel BrdarFormer President and Chief Executive Officer | $306,519 | — | $337,709 | $33,988 | $678,216 |
What changed and why
- David Somo was appointed President and Chief Executive Officer effective November 3, 2025, receiving new hire inducement grants.
- $2.2MDavid Somo received total compensation of $2,160,767 for fiscal year 2025 following his appointment.
- R. Daniel Brdar retired from his position as President and Chief Executive Officer effective November 2, 2025.
- 8.33%Actual performance bonuses paid to named executive officers for 2025 were equal to 8.33% of target.
- 90%Stockholders approved the 2025 say-on-pay proposal with approximately 90% support at the annual meeting.
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.