DSS Management

Management criteria checks 3/4

DSS' CEO is Frank Heuszel, appointed in Apr 2019, has a tenure of 5.75 years. total yearly compensation is $675.97K, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $116.18K. The average tenure of the management team and the board of directors is 4.8 years and 4 years respectively.

Key information

Frank Heuszel

Chief executive officer

US$676.0k

Total compensation

CEO salary percentage	38.5%
CEO tenure	5yrs
CEO ownership	0.9%
Management average tenure	4.8yrs
Board average tenure	4yrs

Recent management updates

Recent updates

Document Security Systems (NYSEMKT:DSS) Has Debt But No Earnings; Should You Worry?

Dec 17

CEO Compensation Analysis

How has Frank Heuszel's remuneration changed compared to DSS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$676k	n/a	-US$81m
Sep 30 2023	n/a	n/a	-US$77m
Jun 30 2023	n/a	n/a	-US$93m
Mar 31 2023	n/a	n/a	-US$60m
Dec 31 2022	US$315k	US$260k	-US$60m
Sep 30 2022	n/a	n/a	-US$47m
Jun 30 2022	n/a	n/a	-US$33m
Mar 31 2022	n/a	n/a	-US$39m
Dec 31 2021	US$301k	US$260k	-US$35m
Sep 30 2021	n/a	n/a	-US$22m
Jun 30 2021	n/a	n/a	-US$10m
Mar 31 2021	n/a	n/a	-US$638k
Dec 31 2020	US$310k	US$171k	US$3m
Sep 30 2020	n/a	n/a	US$4m
Jun 30 2020	n/a	n/a	-US$3m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$239k	US$92k	-US$3m
Sep 30 2019	n/a	n/a	-US$3m
Jun 30 2019	n/a	n/a	-US$2m
Mar 31 2019	n/a	n/a	US$1m
Dec 31 2018	US$10k	n/a	US$1m

Compensation vs Market: Frank's total compensation ($USD675.97K) is about average for companies of similar size in the US market ($USD677.87K).

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

CEO

Frank Heuszel (64 yo)

5yrs

Tenure

US$675,973

Compensation

Mr. Frank D. Heuszel, JD serves as the Chief Executive Officer at Impact BioMedical Inc. since August 2023 and Director since August 2020 and served as President since August 2020 until August 2023. Mr. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Fai Heng Chan	Executive Chairman of the Board	7.2yrs	no data	13.9% $ 1.7m
Frank Heuszel	CEO & Director	5yrs	US$675.97k	0.93% $ 116.2k
Jason Grady	Chief Operating Officer	4.8yrs	US$345.12k	0.0018% $ 221.4
Todd Macko	Chief Financial Officer	3.5yrs	US$258.04k	0.0012% $ 146.3
Travis Heuszel	Legal & Corporate Affairs Manager	no data	no data	no data
Julia Graf	Director of Human Resources	no data	no data	no data

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: DSS's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Fai Heng Chan	Executive Chairman of the Board	7.2yrs	no data	13.9% $ 1.7m
Frank Heuszel	CEO & Director	5.8yrs	US$675.97k	0.93% $ 116.2k
Wai Leung Wu	Lead Independent Director	4.5yrs	US$27.15k	0% $ 0
Shui Yeung Wong	Independent Non-Executive Director	1.8yrs	US$27.15k	no data
Tung Moe Chan	Director	3.6yrs	no data	no data
Jose Escudero	Non-Executive Independent Director	4.7yrs	US$27.15k	0.00072% $ 90.1
Sheng Hon Lim	Director	less than a year	no data	no data
Hiu Wong	Independent Non-Executive Director	1.8yrs	US$13.25k	no data

4.0yrs

Average Tenure

53.5yo

Average Age

Experienced Board: DSS's board of directors are considered experienced (4 years average tenure).

DSS Management

Management criteria checks 3/4

Key information

Recent management updates

DSS, Inc., Annual General Meeting, Oct 25, 2023

Executive Chairman of the Board recently bought US$76k worth of stock

DSS, Inc., Annual General Meeting, Dec 06, 2022

High number of new directors

DSS, Inc. Appoint Board of Directors

DSS, Inc Announces Appointment of Directors

Recent updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

DSS Receives Notice of Non-Compliance with NYSE American Trading Share Price Listing Rule

DSS, Inc., Annual General Meeting, Oct 25, 2023

Price target decreased by 19% to US$1.38

Consensus revenue estimates fall by 21%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Share price stability

Consensus revenue estimates decrease by 16%, EPS upgraded

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Consensus revenue estimates fall by 24%

Executive Chairman of the Board recently bought US$76k worth of stock

Consensus EPS estimates fall by 39%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

DSS, Inc., Annual General Meeting, Dec 06, 2022

DSS Receives New York Stock Exchange Notice Regarding Late Form 10-Q Filing

DSS, Inc. announced delayed 10-Q filing

High number of new directors

DSS, Inc. Appoint Board of Directors

DSS, Inc Announces Appointment of Directors

Non-Executive Independent Director recently bought US$57k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to US$2.20

Consensus estimates of losses per share improve by 17%

Price target decreased to US$2.60

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Document Security Systems, Inc. announced that it expects to receive $17 million in funding from Alset EHome International Inc.

Consensus EPS estimates increase to -US$0.42

Third quarter 2021 earnings released: US$0.093 loss per share (vs US$1.20 profit in 3Q 2020)

Price target decreased to US$3.64

High number of new and inexperienced directors

Document Security Systems, Inc. announced that it has received $14.999999 million in funding from Alset EHome International Inc.

Document Security Systems, Inc. announced delayed 10-Q filing

Insider recently bought US$2.6m worth of stock

Investor sentiment deteriorated over the past week

Document Security Systems, Inc. has completed a Follow-on Equity Offering in the amount of $43.5 million.

Consensus revenue estimates fall to US$19.7m

First quarter 2021 earnings released: US$0.20 loss per share (vs US$1.24 loss in 1Q 2020)

Proof Authentication Corporation entered into an agreement to acquire DSS Digital Inc. from Document Security Systems, Inc. (NYSEAM:DSS) for $5 million.

Price target decreased to US$10.35

Document Security Systems, Inc., Coinstreet Partners and GSX Group Collaborate to Develop Digital Asset Exchange Business in the US

Document Security Systems, Inc. has completed a Follow-on Equity Offering in the amount of $34.494169 million.

Document Security Systems, Inc. (AMEX:DSS) entered into a binding term sheet to acquire HWH World Inc. from Health, Wealth Happiness Pte. Ltd. for $14.8 million.

Investor sentiment improved over the past week

Document Security Systems (NYSEMKT:DSS) Has Debt But No Earnings; Should You Worry?

Market bids up stock over the past week

Market bids up stock over the past week

Market pulls back on stock over the past week

Document Security Systems, Inc., Annual General Meeting, Dec 08, 2020

Market pulls back on stock over the past week

Document Security Systems Promotes Todd Macko to Interim CFO

Market bids up stock over the past week

Third-quarter earnings released: Revenue beats expectations, earnings disappoint

New 90-day low: US$4.26

Document Security Systems, Inc. to Report Q4, 2009 Results on 03/24/2010

Document Security Systems, Inc. Appoints Chan Tung Moe to the Board of Directors

New 90-day low: US$5.35

Analysts update estimates

New 90-day low - US$5.60

Analysts update estimates

Bristol ID Technologies, Inc. executed a nonbinding letter of intent to acquire Plastic Printing Professionals, Inc. from Document Security Systems, Inc.

First half earnings released

New 90-day high - US$10.46

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team