How Shallcross was paid
$876,313 in total for 2024, 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 | Other | Total |
|---|---|---|---|---|
| Steven ShallcrossChief Executive Officer and Chief Financial Officer | $644,963 | $200,000 | $31,350 | $876,313 |
What changed and why
- $876K$876,313 CEO total compensation in 2024, down from $1,271,913 in 2023.
- $645K$644,963 CEO salary increased from $614,250 in 2023.
- $200K$200,000 annual cash bonus was paid for 2024 performance.
- No equity awards were granted to the CEO during 2024.
- 67%67% of target compensation was salary and 33% was performance-based variable compensation.
- 190,000 stock options were granted to the CEO on May 1, 2025 for 2024 services.
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.