Sale of intellectual property and goodwill to the Company under the IP Purchase Agreement, with the Company obligated to issue up to 167 shares of Common Stock on performance milestones and a true-up to 1.5% of outstanding shares
| Officer | Age | In this role | Joined | 2025 pay | Source |
|---|---|---|---|---|---|
|
Paul V. Goode
Chief Executive Officer, President, and Director
|
58 | Not stated | Not stated | $394,100 | |
|
Erik Emerson
Also a director
Chief Executive Officer
|
55 | Not stated | Not stated | Not reported | |
|
Peter C. Wulff
Chief Financial Officer, Treasurer and Corporate Secretary
|
66 | Not stated | Not stated | $500,000 |
Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Sale of intellectual property and goodwill to the Company under the IP Purchase Agreement, with the Company obligated to issue up to 167 shares of Common Stock on performance milestones and a true-up to 1.5% of outstanding shares
Issuance of Common Stock earned under the IP Purchase Agreement milestones, including 42 shares earned in March 2025
Participation by certain executive management and directors in the April 2024 private placement of 3,969 shares of Common Stock
Purchase of unsecured promissory notes and warrants by certain officers and directors in the June 27, 2024 private placement
Purchase of a secured convertible promissory note and warrants in the July 30, 2024 private placement
Conversion of the July 30 Note debt into Common Stock and warrants in the Concurrent Private Offering, resulting in 2,201 shares of Common Stock
Exchange of Series B Warrants held by the July 30 Holder (with July 18 Note holders) for shares of Common Stock on March 11, 2025
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