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Helius Medical Technologies Inc HSDT

Helius Medical Technologies, Inc. is a neurotech company in the medical device field. It is focused on neurologic deficits using orally applied technology platform that amplifies the brain’s ability to engage physiologic compensatory mechanisms enhancing the lives of people dealing with neurologic diseases. It develops, licenses, or acquires non-implantable technologies targeted at reducing symptoms of neurological disease or trauma. Its product Portable Neuromodulation Stimulator (PoNS) is a non-implantable medical device, inclusive of a controller and mouthpiece, which delivers mild electrical stimulation to the surface of the tongue to provide treatment of gait deficit and chronic balance deficit. PoNS Therapy is integral to the overall PoNS solution and is the physical therapy applied by patients during use of the PoNS neuromodulation stimulator. PoNS is used as an adjunct to a supervised therapeutic exercise program in patients 22 years of age and over by prescription only.


NDAQ:HSDT - Post by User

Comment by miningfundion Mar 12, 2019 6:02pm
125 Views
Post# 29475682

RE:Mgmt Compensation while still in development phase

RE:Mgmt Compensation while still in development phaseJust for clarity, most of Deschamps' 2017 compensation comprised options granted (at an exercise price of C$10.80 i.e. they are currently under water). This non-cash compensation is typical and acceptable for start-ups.

Name and Principal Position

Period

Salary$

Option Awards ($)

Non-Equity Incentive Plan Compensation ($)

All Other Compensation ($) (8)

Total ($)

Philippe Deschamps

Chief Executive Officer

Fiscal year ended December 31, 2017

411,333

1,168,031(2)

99,840

17,956

1,697,160

Twelve months ended December 31, 2016(1)

400,000

748,625(3)

90,000

15,000

1,253,625

Fiscal year ended March 31, 2016

400,000

--

72,000

15,000

487,000

 

Fiscal year ended March 31, 2015

360,417

432,198 (4)

120,000

5,000

917,615



steelinvestor wrote: I am not pleased that given the development time, battered share price etc that the CEO is taking compensation well ABOVE industry average and for a company at this stage of comercialization.  Not cool imho....

As per Simply Wall St.

CEO
Phil Deschamps
COMPENSATION $1,697,160
AGE 56
TENURE AS CEO 4.8 years
CEO BIO
CEO COMPENSATION 
Total CompensationSalaryHelius Medical Technologies's Earnings2015201620172018$0M$3MSalary: $300,000.00
 
  • Phil's compensation has increased whilst company is loss making.
  • Phil's remuneration is higher than average for companies of similar size in Canada.

Read more at https://stockhouse.com/companies/bullboard?symbol=t.div&postid=29458125#AgpxgRMKxgLAtpSQ.99


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