How Blackford was paid
$11M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Quentin BlackfordPresident and Chief Executive Officer | $700,003 | $8,919,457 | $1,350,000 | $33,703 | $11,003,163 |
| Daniel WilsonChief Financial Officer | $446,162 | $2,074,174 | $490,500 | $33,537 | $3,044,373 |
| Patrick MurphyChief Business Officer and Chief Legal Officer | $468,645 | $2,074,174 | $486,500 | $32,198 | $3,061,517 |
| Chad PattersonChief Commercial Officer | $495,962 | $2,800,227 | $750,000 | $33,448 | $4,079,637 |
| Minang (Mintu) Turakhia, M.D., M.S.Chief Medical and Scientific Officer, and EVP, Advanced Technologies | $478,587 | $2,592,718 | $523,200 | $31,298 | $3,625,803 |
What changed and why
- $11MQuentin Blackford received total compensation of $11,003,163 in 2025, representing an increase from $9,343,903 in 2024.
- $747.1MFull year 2025 revenue reached $747.1 million, reflecting 26.2% year-over-year growth driven by core commercial volume.
- 170 bpsGross margin improved by 170 basis points for the full year 2025 compared to 2024.
- $68.9MAdjusted EBITDA for 2025 was $68.9 million, or 9.2% of revenue.
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.