PRPL · Purple Innovation, Inc.
$6.82
+0.22 (+3.33%)
At close · Aug 14
Going-concern doubt
— flagged Aug 11, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Management has implemented plans to both increase its revenues from the sales of its products and to achieve cost savings within the next year, sufficient to generate positive operating cash flow levels. However, the Company cannot guarantee that it will have sufficient cash flow to meet the debt obligations when they become due within the next twelve months. The Company will need to raise additional capital or secure alternative financing arrangements, both of which are uncertain and not within the control of the Company. Accordingly, there is substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 11, 2026
Market Cap
$28.42M
Shares
4.36M
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 2025
| Executive | Role | Total |
|---|---|---|
| Todd Vogensen | Chief Financial Officer | $1,249,935 |
| Robert DeMartini | Chief Executive Officer | $1,120,750 |
| Eric Haynor | Chief Operations Officer | $1,052,155 |
| Jeffrey L. Hutchings | Chief Innovation Officer | $988,030 |
| John J. Roddy IV | Chief People Officer | $780,732 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Todd Vogensen | Chief Financial Officer | $1,381,636 |
| Robert DeMartini | Chief Executive Officer | $1,032,501 |
| Tricia S. McDermott-Spikes | Chief Legal Officer | $977,921 |
| Eric Haynor | Chief Operations Officer | $685,360 |
| Keira M. Krausz | Chief Marketing Officer | $574,162 |
| John J. Roddy IV | Chief People Officer | $533,320 |
| Jeffrey L. Hutchings | Chief Innovation Officer | $523,396 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Robert DeMartini | Chief Executive Officer | $2,663,668 |
| Bennett Nussbaum | Interim Chief Financial Officer | $873,118 |
| Eric Haynor | Chief Operations Officer | $769,993 |
| John J. Roddy IV | Chief People Officer | $667,449 |
| Keira M. Krausz | Chief Marketing Officer | $636,202 |
| Todd Vogensen | Chief Financial Officer | $165,385 |
| Tricia S. McDermott-Spikes | Chief Legal Officer | $123,557 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Robert DeMartini | Chief Executive Officer | $2,230,402 |
| Bennett Nussbaum | Interim Chief Financial Officer | $1,011,692 |
| Eric Haynor | Chief Operations Officer | $963,348 |
| John J. Roddy IV | Chief People Officer | $892,713 |
| Patrice A. Varni | Chief Marketing Officer | $816,254 |
| Casey K. McGarvey | Chief Legal Officer | $611,962 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Joseph Megibow | Chief Executive Officer | $2,967,250 |
| Patrice A. Varni | Chief Marketing Officer | $609,803 |
| Casey K. McGarvey | Chief Legal Officer | $605,181 |
| John A. Legg | Chief Operating Officer | $580,726 |
| Craig Phillips | Chief Financial Officer & Treasurer | $543,738 |
| Robert DeMartini | Chief Executive Officer | $445,210 |
| John J. Roddy IV | Chief People Officer | $247,698 |
| Bennett Nussbaum | Interim Chief Financial Officer | $239,727 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Joseph Megibow | Chief Executive Officer | $3,158,013 |
| Craig Phillips | Chief Financial Officer & Treasurer | $787,995 |
| John A. Legg | Chief Operating Officer | $711,294 |
| Casey K. McGarvey | Chief Legal Officer | $700,025 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Joseph Megibow | Chief Executive Officer | $1,391,549 |
| Craig Phillips | Chief Financial Officer & Treasurer | $1,270,418 |
| John A. Legg | Chief Operating Officer | $996,815 |
| Casey K. McGarvey | Chief Legal Officer | $623,177 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Joseph Megibow | Chief Executive Officer | $883,395 |
| Craig Phillips | Chief Financial Officer & Treasurer | — |
| John A. Legg | Chief Operating Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Eric Haynor | Chief Operating Officer | Resigned | 2026-06-05 |
| Todd Vogensen | Chief Financial Officer | Resigned | 2026-04-28 |
| Casey McGarvey | Named Executive Officer | Retired | 2024-02-05 |
| Tricia McDermott | Chief Legal Officer | Appointed | 2023-09-27 |
| Bennett Nussbaum | Chief Transformation Officer | Appointed | 2023-09-21 |
| Todd Vogensen | Chief Financial Officer | Appointed | 2023-09-21 |
| D. Scott Peterson | director | Appointed | 2023-06-20 |
| Erika Serow | director | Appointed | 2023-06-20 |
| Claudia Hollingsworth | director | Appointed | 2023-06-20 |
| R. Carter Pate | director | Appointed | 2023-06-20 |
| Gary DiCamillo | director | Appointed | 2023-06-20 |
| Adam Gray | director | Appointed | 2023-06-20 |
| Robert DeMartini | director | Appointed | 2023-06-20 |
| S. Hoby Darling | director | Appointed | 2023-06-20 |
| Gary DiCamillo | Chair of the Nomination & Governance Committee | Appointed | 2023-04-28 |
| R. Carter Pate | directors of the Company | Appointed | 2023-04-28 |
| Adam Gray | Chair of the Board | Appointed | 2023-04-28 |
| Erika Serow | directors of the Company | Appointed | 2023-04-28 |
| S. Hoby Darling | directors of the Company | Appointed | 2023-04-28 |
| Paul Zepf | directors of the Company | Resigned | 2023-04-28 |
| Pano Anthos | directors of the Company | Resigned | 2023-04-28 |
| S. "Hoby" Darling | Board | Appointed | 2023-04-21 |
| Gary DiCamillo | Chair of the Nomination & Governance Committee | Appointed | 2023-04-21 |
| Adam Gray | Chair of the Board | Appointed | 2023-04-21 |
| R. Carter Pate | director | Appointed | 2023-04-21 |
Key facts
CIK
1643953
CUSIP
74640Y106
13F (30d)
59 filings
58 filers
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