How Francis was paid
$7.5M 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 | Total |
|---|---|---|---|---|
| Laura A. FrancisChief Executive Officer | $685,000 | $6,038,710 | $729,525 | $7,453,235 |
| Anshul MaheshwariChief Operating Officer & Chief Financial Officer | $496,668 | $1,977,240 | $317,371 | $2,791,279 |
| Anthony J. RecuperoFormer President, Commercial Operations | $500,580 | $1,544,730 | $399,838 | $2,445,148 |
| Michael A. PisetskyChief Business & Legal Affairs Officer | $493,407 | $1,606,500 | $262,739 | $2,362,646 |
What changed and why
- $200.9MWorldwide revenue reached $200.9 million, representing an annual increase of ~20%.
- $18.9MNet loss improved by ~39% to $18.9 million while delivering positive Adjusted EBITDA of $8.9 million.
- 5%CEO base salary increased by 5% and the annual cash incentive target increased from 90% to 100%.
- $7.1MCEO total compensation increased from $7,087,404 in 2024 to $7,453,235 in 2025.
- 98.3%Stockholders approved executive compensation with approximately 98.3% support at the prior 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.