Hacker News new | ask | show | jobs
by pjc50 820 days ago
Distinction without a difference. If the salary was lower, the profit would be higher.

No, the important distinction is "is that coming from cash or stocks". The cash component of salaries goes in the profit&loss account. See https://www.sec.gov/Archives/edgar/data/1713445/000162828024...

Revenue $804m (!), expenses $944m (!). But I'm having trouble working out which of the expenses breakdown entries has the board salary in. And if it's compensation in stock, does that have to be expensed?