How Johnson was paid
$350,000 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 | Total |
|---|---|---|---|
| Ardes JohnsonDirector and Chief Executive Officer | $350,000 | — | $350,000 |
| Steve BondDirector and Chief Financial Officer | $153,333 | $792,000 | $945,333 |
| Michael MendikChief Operating Officer | $100,000 | $781,500 | $881,500 |
What changed and why
- 350,000: CEO salary rose from 58,333 in 2024 to 350,000 in 2025.
- 2,854,000: CEO stock award appeared in 2024; no CEO stock award appeared in 2025.
- 792,000: CFO received an RSU grant vesting in four annual installments.
- 781,500: COO received an RSU grant vesting in three annual installments.
- 401(k) matching contributions began in fiscal 2025 for all employees, including named executives.
- 80%New COO and CTO agreements set 250,000 salaries and 80% target bonuses, capped at 130%.
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.