Therma Bright Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Rob Fia

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.6yrs
CEO ownership	6.9%
Management average tenure	no data
Board average tenure	6.8yrs

Recent management updates

Recent updates

Is Therma Bright (CVE:THRM) In A Good Position To Invest In Growth?

Nov 02

We Think Therma Bright (CVE:THRM) Can Afford To Drive Business Growth

Jul 04

CEO Compensation Analysis

How has Rob Fia's remuneration changed compared to Therma Bright's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	-CA$2m
Apr 30 2024	n/a	n/a	-CA$3m
Jan 31 2024	n/a	n/a	-CA$3m
Oct 31 2023	n/a	n/a	-CA$3m
Jul 31 2023	n/a	n/a	-CA$4m
Apr 30 2023	n/a	n/a	-CA$3m
Jan 31 2023	n/a	n/a	-CA$3m
Oct 31 2022	n/a	n/a	-CA$4m
Jul 31 2022	CA$733k	CA$125k	-CA$6m
Apr 30 2022	n/a	n/a	-CA$6m
Jan 31 2022	n/a	n/a	-CA$7m
Oct 31 2021	n/a	n/a	-CA$8m
Jul 31 2021	CA$600k	CA$125k	-CA$9m
Apr 30 2021	n/a	n/a	-CA$8m
Jan 31 2021	n/a	n/a	-CA$6m
Oct 31 2020	n/a	n/a	-CA$4m
Jul 31 2020	CA$53k	CA$53k	-CA$627k
Apr 30 2020	n/a	n/a	CA$158k
Jan 31 2020	n/a	n/a	CA$10k
Oct 31 2019	n/a	n/a	-CA$260k
Jul 31 2019	CA$15k	CA$15k	-CA$422k
Apr 30 2019	n/a	n/a	-CA$1m
Jan 31 2019	n/a	n/a	-CA$1m
Oct 31 2018	n/a	n/a	-CA$1m
Jul 31 2018	CA$30k	CA$30k	-CA$1m

Compensation vs Market: Insufficient data to establish whether Rob's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.

CEO

Rob Fia (54 yo)

8.6yrs

Tenure

CA$732,500

Compensation

Mr. Roberto Fia, also known as Rob, CFA, serves as the Chairman and President of Therma Bright Inc. (formerly known as The Jenex Corporation) and has been its Chief Executive Officer since May 18, 2016. Mr...

Board Members

Name	Position	Tenure	Compensation	Ownership
Roberto Fia	Chairman	15.3yrs	CA$732.50k	6.91% CA$ 624.0k
Bruno Maruzzo	Member of Advisory Board	6.6yrs	no data	no data
Gilbert Sharpe	Member of Advisory Board	6.8yrs	no data	no data
Andrew Peterson	Independent Director	6.9yrs	no data	0.25% CA$ 23.0k
Douglas Sommerville	Member of Advisory Board	less than a year	no data	no data
Sungbum Huh	Independent Director	6.5yrs	no data	no data
Joseph Heng	Independent Director	8.6yrs	no data	no data
Stephen McNeill	Member of Advisory Board	6.9yrs	no data	no data
Leonidas Notidis	Member of Advisory Board	6.9yrs	no data	no data
Michael Bosman	Member of Advisory Board	6.9yrs	no data	no data
Steven Bennett	Member of Advisory Board	6.6yrs	no data	no data
Too Min	Member of Advisory Board	6.3yrs	no data	no data

6.8yrs

Average Tenure

72yo

Average Age

Experienced Board: THRM's board of directors are considered experienced (6.8 years average tenure).

Therma Bright Management

Management criteria checks 1/4

Key information

Recent management updates

Therma Bright Inc. Appoints Douglas S. Sommerville to Its Advisory Board

Insufficient new directors

Therma Bright Inc., Annual General Meeting, Dec 18, 2023

Insufficient new directors

Therma Bright Inc., Annual General Meeting, Jun 17, 2022

Independent Director recently sold CA$255k worth of stock

Recent updates

Full year 2024 earnings released: CA$0.008 loss per share (vs CA$0.016 loss in FY 2023)

New major risk - Market cap size

Therma Bright Inc. announced that it expects to receive CAD 3 million in funding

Therma Bright Inc. announced that it expects to receive CAD 0.4045 million in funding

Therma Bright Inc. Appoints Douglas S. Sommerville to Its Advisory Board

Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 3Q 2023)

Therma Bright Inc. announced that it has received CAD 1 million in funding

New major risk - Shareholder dilution

Therma Bright Inc. announced that it expects to receive CAD 1 million in funding

Second quarter 2024 earnings released: EPS: CA$0 (vs CA$0.003 loss in 2Q 2023)

Insufficient new directors

Therma Bright Inc., Annual General Meeting, Dec 18, 2023

New major risk - Share price stability

Third quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 3Q 2022)

Therma Bright Inc. and Inretio Inc. Announces Successful Completion of Good Laboratory Practice Study for Its Breakthrough Preva™? Mechanical Thrombectomy Device

Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.005 loss in 2Q 2022)

Full year 2022 earnings released: CA$0.026 loss per share (vs CA$0.043 loss in FY 2021)

Insufficient new directors

Is Therma Bright (CVE:THRM) In A Good Position To Invest In Growth?

Therma Bright Inc. Provides Update on FDA EUA Review Process

Therma Bright Inc. Provides Updates on Applications for Its AcuVid(TM) COVID-19 Rapid Antigen Saliva Test

We Think Therma Bright (CVE:THRM) Can Afford To Drive Business Growth

Third quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.011 loss in 3Q 2021)

Therma Bright Submits Health Canada Application for Its AcuVid(TM) COVID-19 Rapid Antigen Saliva Test for Point-of-Care (POC)

Therma Bright Inc. Provides Update on FDA EUA Application Process for Acuvid(TM) Covid-19 Rapid Antigen Saliva Test

Therma Bright to Submit Application to Health Canada for Approval of its AcuVid COVID-19 Rapid Antigen Saliva Test

Therma Bright Inc., Annual General Meeting, Jun 17, 2022

Second quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in 2Q 2021)

Therma Bright Inc. announced that it has received CAD 6 million in funding

Therma Bright Inc. announced that it expects to receive CAD 6 million in funding

Therma Bright's AcuVid(TM) U.S. Clinical Performance Study Successfully Exceeds U.S. Food & Drug Administration's Emergency Use Authorization Requirements

Therma Bright Inc. Completes U.S. Clinical Performance Study Subject Recruitment

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Therma Bright Inc. to Test AcuVidTM on the Highly Contagious COVID-19 Delta Variant; Completes Brazilian Clinical Study for Final FDA EUA Submission

Therma Bright Inc. Provides an Update on the Exceptional Performance of Its AcuVidTM COVID-19 Rapid Antigen Saliva Test's Brazilian Clinical Study

Therma Bright Inc. Provides Update on its Brazilian Clinical Study of its Innovative 15- Minute COVID-19 Antigen Saliva Test

Therma Bright Inc. Initiates Clinical Performance Study in Brazil for its AcuVid(TM) COVID-19 Rapid Saliva-Based Antigen Test

Therma Bright Inc. Submits Application to Research Ethics Board for Approval of Clinical Trials for AcuVid (TM) Covid-19 Rapid Saliva- Based Antigen Test

Therma Bright Enters into Clinical Trial Agreement for Its Acuvid(Tm) Covid-19 Rapid Saliva-Based Antigen Test

Independent Director recently sold CA$255k worth of stock

Therma Bright Inc. Reports Improved Accuracy for Covid-19 Rapid Saliva Antigen Test, CoviSafe, and Prepares for Prospective Studies

Therma Bright Inc. Appoints Ian Levine to the Advisory Board

New 90-day high: CA$0.35

First quarter 2021 earnings released: CA$0.018 loss per share

Chairman exercised options to buy CA$248k worth of stock.

New 90-day high: CA$0.28

Full year 2020 earnings released: CA$0.004 loss per share

Therma Bright Inc. (TSXV:THRM) completed the acquisition of assets of Saringer Life Science Technologies Inc. for CAD 0.43 million.

Therma Bright Inc. announced that it has received CAD 1.25 million in funding

New 90-day high - CA$0.30

Therma Bright Inc. announced that it expects to receive CAD 1 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age