NAII · Natural Alternatives International Inc · Executive Compensation
$1.33
-0.10 (-6.99%)
At close · Oct 6
View the 10-Q filed May 19, 2026
Return incl. dividend (before tax)
Going-concern doubt
— flagged Sep 28, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Management identified the following conditions that raised substantial doubt about the Company's ability to continue as a going concern: • Continued net losses and negative operating cash flows; • A forecasted inability to meet the financial covenant requirements of Legacy for the nine months ending September 30, 2026; and • Our inability to satisfy amounts owed under the current credit facility and term loan with cash currently available in the event Legacy elects to exercise its rights under the credit facility in the event of non-compliance regarding default actions against the Company. While management plans to take the actions noted above, there can be no assurance we will be successful in our efforts to obtain a waiver, amendment, or obtain alternative financing or avoid future issues maintaining compliance with financial covenants.”View the 10-K filed Sep 28, 2026
Customer concentration
— top customer 27% of revenue
One customer — 27% of revenue (nine months ended March 31, 2026)
“Revenue concentration for our largest private-label contract manufacturing customer as a percentage of total net sales for the nine months ended March 31, 2026 was 27%”
One customer — 35% of revenue (nine months ended March 31, 2025)
“revenue concentration for our largest private-label contract manufacturing customer as a percentage of total net sales for the nine months ended March 31, 2025 was 35%”
Market Cap
$10.98M
Shares
22.11M
Volume · Oct 6
24.41K
Avg daily vol (3M)
37.84K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Mark A. LeDoux | Chief Executive Officer | $954,265 |
| Kenneth E. Wolf | President and Chief Operating Officer | $853,268 |
| Michael E. Fortin | Chief Financial Officer | $598,598 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Mark A. LeDoux | Chief Executive Officer | $952,076 |
| Kenneth E. Wolf | President and Chief Operating Officer | $820,446 |
| Michael E. Fortin | Chief Financial Officer | $582,156 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Michael E. Fortin | Chief Financial Officer | Resigned | 2026-05-01 |
| Mark A. LeDoux | Managing Director of NAIE Natural Alternatives International Europe SA | Appointed | 2026-03-20 |