How Davis was paid
$9.5M 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 | Options | Total |
|---|---|---|---|
| Douglas DavisChief Executive Officer and Executive Chairman | $157,500 | $9,388,906 | $9,546,406 |
| Noam KenigFormer Chief Executive Officer | $37,500 | $9,388,906 | $9,426,406 |
| Erik KlingerChief Financial Officer | $65,000 | — | $65,000 |
| Danny RittmanChief Technology Officer | $30,000 | $2,347,226 | $2,377,226 |
What changed and why
- $9.5M$9,546,406 was Douglas Davis's 2025 total compensation, including a $9,388,906 option award.
- $158K$157,500 was Davis's 2025 salary, compared with $240,000 in 2024.
- $9.4M$9,426,406 was Noam Kenig's 2025 total compensation, including a $9,388,906 option award.
- $2.4M$2,377,226 was Danny Rittman's 2025 total compensation, including a $2,347,226 option award.
- September 2, 2025 executive agreements and related options were terminated, except for Jaz Williman's agreement.
- Options granted under the employment agreements are contingent on shareholder approval of the equity incentive plan.
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.