How Giardini was paid
$1.8M 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Tony GiardiniPresident and Chief Executive Officer | $371,176 | $668,117 | $364,000 | $400,652 | $24,611 | $1,828,556 |
| Elaine SandersVice President and Chief Financial Officer | $246,090 | $334,679 | $182,000 | $192,907 | $14,446 | $970,122 |
What changed and why
- $1.8MTony Giardini received total compensation of $1,828,556 for fiscal year 2025.
- $7.4MCompensation actually paid to the CEO increased to $7,440,111 in 2025 from $3,465,408 in 2024.
- 98%Approximately 98 percent of shareholders voted in favor of the say-on-pay proposal at the previous meeting.
- Base salaries for certain periods were paid in restricted stock units to preserve cash.
- $33.6MNet losses increased from 2024 to 2025 by $33.6 million or 392 percent.
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.