Former executive agreed to forgive $100,000 of accrued compensation in exchange for options to purchase 49,605 shares and 7,500 restricted stock units.
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.
Former executive agreed to forgive $100,000 of accrued compensation in exchange for options to purchase 49,605 shares and 7,500 restricted stock units.
Amount due to a Company wholly owned by the Chief Financial Officer, included in accrued compensation.
Master Services Agreement under which Titan provides CFO services, with a monthly fee to Titan.
Option to acquire 562,500 shares of common stock issued to Mr. Elmasri in connection with the Titan agreement, at an exercise price of $1.33.
On December 17, 2024, parties agreed the Company would pay Titan a reduced monthly fee of $20,000.
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