Genasys Inc
For the period ended Mar 17, 2025. Filed Jan 28, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 17, 2025 · Filed Jan 28, 2025
Contents
PAY VERSUS PERFORMANCE
The following table shows information about the relationship between compensation actually paid for our principal executive officer (PEO) and our non-PEO named executive officers (NEO) and certain financial performance of the Company for the fiscal years ending September 30, 2024 and September 30, 2023.
| Year | Summarycompensationtable total for PEO (1) | Compensationactually paid toPEO (2) | Average summary compensation tabletotal for non-PEONEOs (3) | Averagecompensation actually paid to non-PEO NEOs (4) | Value of initialfixed $100investment based on: Total shareholderreturn (5) | Net income(Loss) |
|---|---|---|---|---|---|---|
| 2024 | $1,044,150 | $1,235,962 | $371,578 | $535,768 | $177.11 | $(31,730,000) |
| 2023 | $667,491 | $553,491 | $410,617 | $352,584 | $72.56 | $(18,396,000) |
| 2022 | $828,008 | $828,008 | $470,776 | $439,912 | $38.80 | $(16,212,000) |
(1)
The dollar amounts reported are the amounts of total compensation reported for our PEO, Richard Danforth, in the Summary Compensation Table for fiscal years 2024, 2023 and 2022.
(2)
The dollar amounts reported represent the amount of “compensation actually paid”, as computed in accordance with SEC rules. The dollar amounts reported are the amounts of total compensation reported for Mr. Danforth during the applicable year after adjusting for the fair value of stock options granted under our Amended and Restated 2015 Equity Incentive Plan.
(3)
The dollar amounts reported are the average of the total compensation reported for our NEO, other than our PEO, Dennis Klahn, who served as Chief Financial Officer for fiscal years 2024, 2023 and 2022.
(4)
The dollar amounts reported represent the amount of “compensation actually paid”, as computed in accordance with SEC rules. The dollar amounts reported are the amounts of total compensation reported for Mr. Klahn during the applicable year after adjusting for the fair value of restricted stock units granted under our Amended and Restated 2015 Equity Incentive Plan.
(5)
Total shareholder return is calculated as the difference between the price of our common stock at the end of each fiscal year, represented by the closing trading price as of that date, compared to the price of our common stock at the beginning of the measurement period, represented by the closing trading price as of the last day of our 2021 fiscal year. No dividends were declared or paid during either of the fiscal years presented.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.