Jul. 8 at 5:46 PM
$REFR
Executive Pay vs. Corporate Revenue (FY 2025)
• Total Company Revenue 2025 =
$1,120,000
• Joe Total Direct Compensation 2025 =
$754,777 (67.4% of total company revenues)
• His base salary made up roughly 83% of his total direct payout in 2025. (Base pay regardless of performance =
$625,000)
* Given his total comp accounts for more than 2/3 of total top-line by revenue—and the company posted a net loss of approximately
$2.05 million for FY 2025—the company remains structurally dependent on dilutive equity financing mechanisms (such as the
$1.1 million oversubscribed private placement executed in February 2026) to buffer cash reserves.