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Name of Beneficial Owner | | Amount and Nature of Beneficial Ownership(1) | | Percentage of Class(2) | | | Amount and Nature of Beneficial Ownership(1) | | Percentage of Class(2) | | ||||||||||||||||
Named Executive Officers and Directors: | | | | | | | | | | | | | | | | | | | | | | | ||||
Tony Isaac, Director, President and Chief Executive Officer, Secretary(3) | | | | 94,000 | | | | | 2.5% | | | | | | 94,000 | | | | | 2.5% | | | ||||
Virland A. Johnson, Chief Financial Officer | | | | — | | | | | * | | | | | | — | | | | | * | | | ||||
Richard D. Butler, Director(3) | | | | 18,000 | | | | | * | | | | | | 18,000 | | | | | * | | | ||||
John Bitar, Director | | | | 2,000 | | | | | * | | | | | | 2,000 | | | | | * | | | ||||
Nael Hajjar, Director | | | | — | | | | | * | | | | | | — | | | | | * | | | ||||
All Executive Officers and Directors as a group (6 persons) | | | | 114,000 | | | | | 3.0% | | | | | | 114,000 | | | | | 3.0% | | | ||||
Other 5% Stockholders: | | | | | | | | | | | | | | | | | | | | | | | ||||
Juan Yunis(4) | | | | 460,000 | | | | | 12.2% | | | | | | 460,000 | | | | | 12.2% | | | ||||
Michael Bigger(5) | | | | 361,000 | | | | | 9.6% | | | | | | 361,000 | | | | | 9.6% | | |
Name of Beneficial Owner | | Number of Shares Beneficially Owned(1) | | Percentage of Outstanding Series A Preferred(2) | | | Number of Shares Beneficially Owned(1) | | Percentage of Outstanding Series A Preferred(2) | | ||||||||||||||||
Greg Sullivan(3) | | | | 15,976 | | | | | 7.62% | | | | | | 15,976 | | | | | 7.62% | | | ||||
Juan Yunis(4) | | | | 193,730 | | | | | 92.38% | | | | | | 193,730 | | | | | 92.38% | | |
Name of Beneficial Owner | | Amount and Nature of Beneficial Ownership(1) | | Outstanding Series S Preferred(2) | | | Amount and Nature of Beneficial Ownership(1) | | Outstanding Series S Preferred(2) | | ||||||||||||||||
Amol Soin, MD(3) | | | | 100,000 | | | | | 100% | | | | | | 100,000 | | | | | 100% | | |
Name | | | Position with Company | | | Director Since | | | Age as of August 11, 2023 | |
Tony Isaac | | | Director, President, Chief Executive Officer, and Secretary | | | 2015 | | | 69 | |
Richard D. Butler | | | Director | | | 2015 | | | 72 | |
Nael Hajjar | | | Director | | | 2018 | | | 38 | |
John Bitar | | | Director | | | 2020 | | | 60 | |
Board Diversity (As of August 11, 2023) | Board Diversity (As of August 11, 2023) | | Board Diversity (As of August 11, 2023) | | ||||||||||||||||||||||||||||||||||||||||||||||
Total Number of Directors | | 4 | | | 4 | | ||||||||||||||||||||||||||||||||||||||||||||
| | Female | | Male | | Non-Binary | | Did Not Disclose Gender | | | Female | | Male | | Non-Binary | | Did Not Disclose Gender | | ||||||||||||||||||||||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
Directors | | | | 0 | | | | | 3 | | | | | 0 | | | | | 1 | | | | | | 0 | | | | | 3 | | | | | 0 | | | | | 1 | | | ||||||||
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
African American or Black | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Alaskan Native or Native American | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Asian | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Hispanic or Latinx | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Native Hawaiian or Pacific Islander | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
White | | | | 0 | | | | | 3 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 3 | | | | | 0 | | | | | 0 | | | ||||||||
Two or More Races or Ethnicities | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
LGBTQ+ | | 0 | | | | | | | | | | | | | | | 0 | | | | | | | | ||||||||||||||||||||||||||
Did Not Disclose Demographic Background | | 4 | | | | | | | | | | | | | | | 4 | | | | | | | |
| Virland A. Johnson, 62 | | | Mr. Johnson was appointed our Chief Financial Officer on August 21, 2017. | |
| | Series S Preferred Stock Issued and Outstanding | | Common Stock (as converted) | | | Series S Preferred Stock Issued and Outstanding | | Common Stock (as converted) | | ||||||||||||||||
Total, which is solely shares issued pursuant to the Merger Agreement: | | | | 100,000 | | | | | 18,072,289 | | | |||||||||||||||
Total, which solely are shares issued pursuant to the Merger Agreement: | | | | 100,000 | | | | | 18,072,289 | | |
| | | December 31, 2022 | | | January 1, 2022 | | ||||||
Audit Fees | | | | $ | 353,500 | | | | | $ | 212,725 | | |
Audit-Related Fees | | | | | — | | | | | | 11,466 | | |
Tax Fees | | | | | 40,800 | | | | | | 48,459 | | |
All Other Fees | | | | | 4,000 | | | | | | — | | |
Total | | | | $ | 398,300 | | | | | $ | 272,650 | | |
Name and principal Position(1) | | | Year | | | Salary | | | Bonus | | | Stock Awards | | | Option Awards | | | All Other Compensation | | | Total | | |||||||||||||||||||||
Tony Isaac President, Chief Executive Officer, and Secretary | | | | | 2022 | | | | | $ | 550,324 | | | | | $ | 75,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 625,324 | | |
| | | 2021 | | | | | $ | 550,324 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 550,324 | | | ||
Virland A. Johnson Chief Financial Officer | | | | | 2022 | | | | | $ | 250,324 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 250,324 | | |
| | | 2021 | | | | | $ | 149,363 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 149,363 | | |
Year | | | PEO | | | Summary Compensation Table Total for PEO | | | Compensation Actually Paid to PEO | | | Average Summary Compensation Table Total for Non-PEO NEO’s | | | Average Compensation Actually Paid to Non-PEO NEO’s | | | Value of Initial $100 Investment Based on Total Stockholder Return | | | Net Income | | ||||||||||||||||||
(1) | | | (2) | | | (3) | | | (4) | | | (5) | | | (6) | | | (7) | | | (8) | | ||||||||||||||||||
2022 | | | Tony Isaac | | | | $ | 625,324 | | | | | $ | 625,324 | | | | | $ | 250,324 | | | | | $ | 250,324 | | | | | $ | 33.50(a) | | | | | $ | 10,992,000 | | |
2021 | | | Tony Isaac | | | | $ | 550,324 | | | | | $ | 550,324 | | | | | $ | 149,363 | | | | | $ | 149,363 | | | | | $ | 83.64(b) | | | | | $ | (16,887,000) | | |
Name | | | Number of Securities Underlying Unexercised Options (#) | | | Option Exercise Price ($) | | | Option Expiration Date | | |||||||||
Tony Isaac | | | | | 2,000 | | | | | | 9.90 | | | | | | 5/18/2025 | | |
President, Chief Executive Officer, and Secretary | | | | | | | | | | | | | | | | | | | |
Virland A. Johnson | | | | | — | | | | | | — | | | | | | — | | |
Chief Financial Officer | | | | | | | | | | | | | | | | | | | |
Name | | | Number of Securities Underlying Unexercised Options (#) | | | Option Exercise Price ($) | | | Option Expiration Date | | |||||||||
Tony Isaac President, Chief Executive Officer, and Secretary | | | | | 2,000 | | | | | | 9.90 | | | | | | 5/18/2025 | | |
Virland A. Johnson Chief Financial Officer | | | | | — | | | | | | — | | | | | | — | | |
Name | | | Fees Earned or Paid in Cash ($) | | | Option Awards ($) | | | All Other Compensation ($) | | | Total ($) | | ||||||||||||
Jon Bitar | | | | | 18,000 | | | | | | — | | | | | | — | | | | | | 18,000 | | |
Richard D. Butler, Jr. | | | | | 30,000 | | | | | | — | | | | | | — | | | | | | 30,000 | | |
Nael Hajjar | | | | | 14,400 | | | | | | — | | | | | | — | | | | | | 14,400 | | |
| August | | | The Audit Committee | |
| | | | Richard D. Butler, Jr. (Chair) | |
| | | | John Bitar | |
| | | | Nael Hajjar | |
| By Order of the Board of Directors | | | | | | | |
| /s/ Tony Isaac Tony Isaac, Secretary | | | | | | ||
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