DSS Management

Management criteria checks 3/4

DSS' CEO is Jason Grady, appointed in Jul 2019, has a tenure of 5.42 years. total yearly compensation is $345.12K, comprised of 71.7% salary and 28.3% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $112.57. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.

Key information

Jason Grady

Chief executive officer

US$345.1k

Total compensation

CEO salary percentage	71.7%
CEO tenure	5.4yrs
CEO ownership	0.002%
Management average tenure	4.2yrs
Board average tenure	4.3yrs

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 Jason Grady's remuneration changed compared to DSS's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$68m
Jun 30 2024	n/a	n/a	-US$43m
Mar 31 2024	n/a	n/a	-US$77m
Dec 31 2023	US$345k	US$247k	-US$81m
Sep 30 2023	n/a	n/a	-US$54m
Jun 30 2023	n/a	n/a	-US$70m
Mar 31 2023	n/a	n/a	-US$60m
Dec 31 2022	US$237k	US$210k	-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$433k	US$204k	-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$337k	US$208k	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$184k	US$85k	-US$3m

Compensation vs Market: Jason's total compensation ($USD345.12K) is below average for companies of similar size in the US market ($USD646.54K).

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

CEO

Jason Grady (49 yo)

5.4yrs

Tenure

US$345,123

Compensation

Mr. Jason T. Grady served as Chief Operating Officer and Director at Impact BioMedical Inc. since August 2020 and serves as its Director since June 6, 2024. He serves as President at Premier Packaging Corp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heng Fai Chan	Executive Chairman of the Board	7.8yrs	no data	16.8% $ 1.1m
Jason Grady	Interim CEO & COO	5.4yrs	US$345.12k	0.0018% $ 112.6
Tung Moe Chan	President & Director	less than a year	no data	no data
Todd Macko	Chief Financial Officer	4.2yrs	US$310.21k	0.0012% $ 74.4
Travis Heuszel	Legal & Corporate Affairs Manager	no data	no data	no data
Julia Graf	Director of Human Resources	no data	no data	no data

4.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: DSS's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heng Fai Chan	Executive Chairman of the Board	7.8yrs	no data	16.8% $ 1.1m
Tung Moe Chan	President & Director	4.3yrs	no data	no data
Wai Leung Wu	Lead Independent Director	5.2yrs	US$27.15k	no data
Shui Yeung Wong	Independent Non-Executive Director	2.4yrs	US$27.15k	no data
Jose Escudero	Non-Executive Independent Director	5.3yrs	US$27.15k	0.00072% $ 45.8
Sheng Hon Lim	Director	1.3yrs	no data	no data
Hiu Wong	Independent Non-Executive Director	2.4yrs	US$21.10k	no data

4.3yrs

Average Tenure

53yo

Average Age

Experienced Board: DSS's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 00:04
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DSS, Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rommel Dionisio	Aegis Capital Corporation
Han Jang	Aegis Capital Corporation
Robert Wasserman	Dawson James Securities

DSS Management

Management criteria checks 3/4

Key information

Recent management updates

DSS, Inc., Annual General Meeting, Dec 04, 2024

DSS, Inc. Announces CEO Changes, Effective August 23, 2024

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

Recent updates

New minor risk - Share price stability

Third quarter 2024 earnings released: US$0.75 loss per share (vs US$0.62 loss in 3Q 2023)

DSS, Inc., Annual General Meeting, Dec 04, 2024

DSS, Inc. Announces CEO Changes, Effective August 23, 2024

Second quarter 2024 earnings released: US$0.66 loss per share (vs US$5.41 loss in 2Q 2023)

New major risk - Market cap size

First quarter 2024 earnings released: US$0.58 loss per share (vs US$1.16 loss in 1Q 2023)

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.