How Chen was paid
$816,557 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 |
|---|---|---|---|---|---|
| Fei ChenPresident & Chief Executive Officer | $353,559 | — | $398,643 | $64,355 | $816,557 |
| David KowalczykChief Financial Officer | $251,726 | — | $172,693 | $49,338 | $473,757 |
| Phillip Massie PriceInterim Chief Financial Officer | $166,139 | $27,186 | — | $13,291 | $206,616 |
What changed and why
- 816,557 was Fei Chen's 2025 total compensation, compared with 940,887 in 2024.
- 150%150% of base salary was the maximum annual cash bonus opportunity under Chen's agreement, subject to performance targets.
- 100%100% of base salary was the maximum annual equity grant opportunity under Chen's agreement, in restricted stock units vesting over three years.
- 90%90% of base salary was the maximum discretionary annual performance bonus opportunity under Kowalczyk's agreement.
- 60%60% of base salary was Kowalczyk's annual restricted-stock-unit grant opportunity, with awards vesting over three years.
- The Compensation Committee approved annual restricted stock unit awards for named executives in early January 2025.
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.