How Phillips was paid
$1.2M in total for fiscal 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 | Total |
|---|---|---|---|---|
| Tim PhillipsChief Executive Officer and President | $700,180 | $318,500 | $175,020 | $1,193,811 |
| Jude BeresChief Financial Officer and Treasurer | $548,314 | $210,000 | $223,599 | $982,024 |
What changed and why
- $1.2MCEO total compensation decreased from $1,226,011 in 2024 to $1,193,811 in 2025.
- $700KTim Phillips earned a base salary of $700,180 for fiscal year 2025.
- $319KDiscretionary cash bonuses of $318,500 were paid to the CEO for 2025.
- $175KStock awards granted to the CEO totaled $175,020 in 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.