How Smith was paid
$213,951 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 | Total |
|---|---|---|---|---|---|
| Tim SmithPresident and Chief Executive Officer | $105,375 | $20,000 | $23,500 | $65,076 | $213,951 |
| Tyler WongChief Financial Officer, Treasurer and Secretary | $53,850 | — | $9,400 | $28,710 | $91,960 |
What changed and why
- $214KPresident and CEO Tim Smith received total compensation of $213,951 in fiscal 2025, representing a decrease from $234,900 in fiscal 2024.
- Base salaries for executive officers are denominated in Canadian dollars and converted to U.S. dollars based on weighted average exchange rates.
- Equity awards in 2025 included Restricted Stock Units and stock options valued using the Black-Scholes model.
- 25%Restricted Stock Units granted in 2025 vest 25% on each of the three, six, nine, and twelve-month anniversaries.
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.