TRUG · TruGolf Holdings, Inc. · Executive Compensation
$0.95
-0.09 (-8.59%)
At close · Oct 21
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company anticipates that it will continue to incur operating losses as it executes its development plans for 2026, as well as other potential strategic and business development initiatives. In addition, the Company has had and expects to have negative cash flows from operations, at least into the near future. The Company has previously funded, and plans to continue funding, these losses primarily with the sale of equity and convertible notes, although no assurances can be given that such financing will be available on acceptable terms or at all. The accompanying unaudited condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$200,200
Shares
192,371
Volume · Oct 21
209.39K
Avg daily vol (16 sessions)
457.56K
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 2024
| Executive | Role | Total |
|---|---|---|
| Nathan E. Larsen | Chief Experience Officer | $220,055 |
| Brenner Adams | Chief Growth Officer | $220,055 |
| Lindsay Jones | Former Chief Financial Officer | $211,959 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Brenner Adams | Chief Growth Officer | $858,000 |
| Nathan E. Larsen | Chief Experience Officer | $853,000 |
| Christopher Jones | Chief Executive Officer | $150,000 |
| Lindsay Jones | Former Chief Financial Officer | $24,892 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Steven Passey | Vice President – Finance of the Company’s golf division | Appointed | 2026-10-09 |
| Natalie Hirsch | Chief Operating Officer | Appointed | 2026-10-09 |
| Natalie Hirsch | Chief Financial Officer | Appointed | 2026-10-09 |
| David Hackett | Director | Appointed | 2026-10-09 |
| Humphrey Polanen | Director | Resigned | 2026-10-09 |
| Jay Heller | independent member of the Company's Board | Appointed | 2026-09-24 |
| Christopher Jones | all employment and all officer, director, and committee positions | Resigned | 2026-09-24 |
| Steven Passey | Chief Financial Officer | Appointed | 2026-05-06 |
| Brenner Adams | member of the Board of Directors | Appointed | 2026-03-20 |
| Brenner Adams | Chief Growth Officer | Resigned | 2026-03-20 |
| Shaun Limbers | member of the Board of Directors | Resigned | 2026-03-20 |
| Christopher Jones | Chairman of the Board | Appointed | 2024-02-06 |
| Christopher Jones | Chief Executive Officer | Appointed | 2024-02-06 |
| AJ Redmer | directors of the Company | Appointed | 2024-02-06 |
| Riley Russell | directors of the Company | Appointed | 2024-02-06 |
| Humphrey Polanen | directors of the Company | Appointed | 2024-02-06 |
| Shaun Limbers | directors of the Company | Appointed | 2024-02-06 |
| Christopher Jones | directors of the Company | Appointed | 2024-02-06 |
| John Chiang | chairman of the audit committee and compensation committee of the Board | Appointed | 2022-10-20 |
| John Chiang | member of the Board | Appointed | 2022-10-20 |
| Marc A. Hamer | director | Resigned | 2022-10-20 |
| Bryant E. Fong | director | Resigned | 2022-10-20 |
Leadership
- Christopher Jones CEO, Chairman, Board Member
- Humphrey P. Polanen CEO, Board Member
- Lindsay Jones CFO
- Natalie Hirsch CFO, COO
- Steven Passey CFO
- Weixuan Luo CFO
- AJ Redmer Board Member
- AJ Redner Board Member
- Brenner Adams Board Member
- David Hackett Board Member
- Jay Heller Board Member
- Riley Russell Board Member
- Shaun Limbers Board Member