Issuance of demand promissory notes (JAG Notes) with 10% annual interest, purchased for $500,000 aggregate price.
| Officer | Age | In this role | Joined | 2025 pay | Source |
|---|---|---|---|---|---|
|
Steven Shum
Also a director
Director, Chief Executive Officer
|
55 | Not stated | Not stated | $430,863 | |
|
Terah Krigsvold
Chief Financial Officer
|
43 |
Since 2025
1 year
|
Not stated | $336,474 | |
|
Andrea Goren
Chief Business Officer
|
58 |
Since 2025
1 year
|
Not stated | $282,530 |
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.
Issuance of demand promissory notes (JAG Notes) with 10% annual interest, purchased for $500,000 aggregate price.
Warrant issued to JAG to purchase 61 shares of common stock at $14,400.00 per share, in consideration for subscribing to a JAG Note and extending callable dates.
Issuance of an additional demand promissory note to JAG for a purchase price of $100,000.
August 2025 letter agreement extending JAG Note maturity, setting conversion price of $80.00 per share and a warrant for 3,750 shares at $80.00 per share.
November 2025 letter agreement extending JAG Note maturity and reducing the JAG Warrant exercise price to $30.00 per share.
Interest incurred by the Company on the JAG Notes.
Purchase of demand promissory notes from the Chief Executive Officer, 10% annual interest.
Purchase of demand promissory notes from an entity controlled by the Chief Business Officer, 10% annual interest.
Interest incurred by the Company on the executive demand notes.
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