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Saturday, May 04, 2024 1:00:38 PM
Here are the employee costs from the 3rd quarter 10q's going back to 2017.
2024 $2.531 million
2023 $1.405 million
2022 $308k
2021 $327
2020 $341k
2019 $552k
2018 $410k
2017 $409k
The biggest driver of this increase is the massive stack of cheap options they gave themselves this year. The merger failure cratered the share price and Mark is rewarded with 3,750,000 options in pre-split numbers at the bargain price of $2.99. Several years before that he received only 500k options. This is obscene. I guess he thought no one would do the split math.
Last year was a disaster for the company. Mark should not get to cash in like this if what will amount to a government bailout comes through.
Recent NB News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
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