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CONTRACTS AND AGREEMENTS | 3 Months Ended
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Mar. 31, 2025
CONTRACTS AND AGREEMENTS |
CONTRACTS AND AGREEMENTS | NOTE 12. CONTRACTS AND AGREEMENTS Consulting Agreement On December 16, 2024, the Board of Directors of the Company appointed Nick Jennings, former Chief Financial Officer of the Company, as Interim Chief Financial Officer. The Company has entered into an offer letter with Mr. Jennings, pursuant to which Mr. Jennings will serve as the Interim Chief Financial Officer for a five-month period and will receive a fee of $15,000 per month. Director Compensation The annual fee to non-employee members of our Board is $48,000, to be paid in cash on a quarterly basis, with the exception of the audit committee chairperson, whose annual fee is $54,600, also to be paid in cash on a quarterly basis. Non-employee Director compensation also includes the annual issuance of our Common Stock.

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