Schmitt Industries Inc

Company Snapshot
2765 North West Nicolai Street
Portland, OR 97210
United States
Sector: Technology
Industry: Scientific & Technical Instruments
Full Time Employees: 157
https://www.schmittindustries.com
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Company Financials

2020
2021
2022
Gross Profit
$1,950,548
$3,270,762
$5,068,571
Operating Income
-$2,179,922
-$8,857,542
-$10,615,886
Net Income
$3,880,575
-$8,089,672
-$3,283,776
2020
Gross Profit
$1,950,548
Operating Income
-$2,179,922
Net Income
$3,880,575
2021
Gross Profit
$3,270,762
Operating Income
-$8,857,542
Net Income
-$8,089,672
2022
Gross Profit
$5,068,571
Operating Income
-$10,615,886
Net Income
-$3,283,776
The above data on Schmitt Industries Inc came from annual proxy statements to the SEC. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov
Top Executives
Total Cash info
Equity info
Other info
Total Compensation
Top Executives
Total Compensation
Michael Zapata
Executive Chairman of the Board, President and Chief Executive Officer
$222,667
$57,543
$18,000
$298,210
Michael Zapata
$298,210
Executive Chairman of the Board, President and Chief Executive Officer
Philip Bosco
Chief Financial Officer, Principal Accounting Officer and Treasurer
$121,875
$0
$0
$121,875
Philip Bosco
$121,875
Chief Financial Officer, Principal Accounting Officer and Treasurer
Charles Davidson
Independent Director
$26,000
$26,520
$0
$52,520
Charles Davidson
$52,520
Independent Director
Andrew Hines
Independent Director
$0
$49,726
$0
$49,726
Andrew Hines
$49,726
Independent Director
Lillian Tung
Independent Director
$12,847
$19,285
$0
$32,132
Lillian Tung
$32,132
Independent Director
Schmitt Industries Inc listed the above executives on its annual proxy statement to the SEC for the fiscal year of 2021. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov

The sum of all cash payments made to an individual for services during a given year. It is comprised of yearly Base Pay and Bonuses

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The value of stock and option awards plus long term incentives granted.

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This covers all compensation that don't fit in any of these other standard categories

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