Latest Current Report
Filed: 2026-03-27
Key Insights
- The Board of Directors decided not to pay annual cash incentives to the named executive officers as the applicable performance goals were not achieved in 2025.
- However, the Board awarded discretionary cash bonuses to the CEO and CFO in the amounts of $956,250 and $270,938, respectively, due to their significant contributions to the company in 2025 and to promote retention.
- This discretionary bonus payout suggests the Board recognizes the need to retain key executives despite the failure to meet performance goals.