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Get CHRN alertsJason Jones is recorded as COO at ChronoScale Holdings Corp (CHRN). The proxy statement of ChronoScale Holdings Corp reports total compensation of $468,000 for Jason Jones in fiscal 2025, including a base salary of $325,000. Disclosed compensation is on record for 3 fiscal years. Jason Jones has spoken on 4 earnings calls across 1 company, most recently for ChronoScale Holdings Corp on March 4, 2024. ChronoScale Holdings Corp is classified in the Information Technology Services industry within the Technology sector. Other leadership on record at ChronoScale Holdings Corp includes Scott Davis (CEO and COO), Ying Cenly Chen (CEO and Board Member), Wes Cummins (Chairman) and 7 others.
“I'm pleased to report several key achievements and developments within Ekso's operations in 2023. First, we've bolstered our operating leverage, reflecting a more efficient and scalable operational model.”
“In the third quarter, our operations team continued to manage operating expenses tightly, resulting in flat quarterly operating expense and narrowed quarterly operating loss both year-over-year, despite higher headcount and costs associated with our HMC acquisition.”
“Within operations, we continue to execute on our mandate to reduce our cash burn and have a number of related initiatives underway. Among these are improving processes and efficiencies, tightening OpEx and cost controls and optimizing inventory.”
“I am pleased with the progress we have made from an operational standpoint with our focus in the first quarter on continued process improvement. By driving efficiency in our operations, we believe we have the potential to elicit significantly more volume with only modest incremental capital spending.”
Information Technology Services · Technology
COO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | ChronoScale Holdings Corp (CHRN) | Former Chief Operating Officer | $325,000 | $468,000 |
| 2024 | ChronoScale Holdings Corp (CHRN) | Former Chief Operating Officer | $325,000 | $394,850 |
| 2019 | ChronoScale Holdings Corp (CHRN) | Vice President of Product Development The amounts in the “Stock Awards” and “Option Awards” columns reflect the aggregate grant date fair value of stock or stock options, as applicable, granted during the year computed in accordance with the provisions of FASB ASC Topic 718. The assumptions that we used to calculate these amounts are discussed in Note 14 to our financial statements included in our Annual Report on Form 10-K for the years ended December 31, 2018 and 2019. Non-equity incentive plan compensation amounts for services performed in 2018 were paid in April 2019. Mr. Peurach was appointed as our President and Chief Executive Officer on March 9, 2018. Prior to that, Mr. Peurach served as one of our non-employee directors. After March 9, 2018, he ceased to receive compensation for service as a director or board committee member. This amount represents employer matching contribution made under our 401(k) retirement plan, paid in the form of shares of our Common Stock. This amount consists of 210,579 in cash compensation earned by Mr. Peurach for service as our President and Chief Executive Officer and 6,047 in cash compensation earned by Mr. Peurach for service as a director and board committee member (until March 9, 2018). This amount consists of 2,953 immediately vested shares of common stock earned by Mr. Peurach for service as a director and board committee member. The shares were issued at a rate of 1.79 per share, the closing price of our common stock on The Nasdaq Capital Market on August 3, 2018. Under our 2018 short-term incentive plan, Messrs. Peurach and Glenn received awards of 100,000 and 30,000, respectively, with such awards paid in the form of common stock at a rate of 2.00 per share, as selected by the Compensation Committee of our Board of Directors, such that Messrs. Peurach and Glenn received 50,000 and 15,000 shares of our common stock, respectively. Reported value of the awards is calculated based on a price of 2.36 per share, the closing price of our common stock on the date of approval by the Compensation Committee of our Board of Directors. Mr. Glenn was appointed as our Chief Financial Officer effective as of August 13, 2018. This amount reflects a signing bonus paid to Mr. Glenn pursuant to his offer letter dated August 1, 2018. Mr. Jones was appointed as our Vice-President of Product Development effective as of October 15, 2018. | $220,000 | $312,157 |
