I fear you have no idea how to read a financial statement
Total expenses for 2023 were $496 million (plus income tax puts it at $511 million). Total salary expenses were $328 million, approximately 66% of all expenses. On the financial statement, there is absolutely no mention of executive compensation so no clue where you’re pulling this line that executive compensation made up 40% of all expenses.
That isn’t executive pay lol “Management and General” includes real estate costs, all general.operating expenses, all admin staff (think HR, Legal, finance, accounting)- basically all back office
You can’t source your claims, you can’t read sources given to you, you can’t even do basic text interpretation. What can you do? Who spoon feeds you and cleans your bottom when you go potty?
Shoo, cheeto-stained troll! And don’t come back until you’ve learned how to debate in good faith.
Edit: fuck me, how have I not seen that you’re an ML idiot before? Here I was, trying to extract milk from a rock.
Dude, take two steps back and try to make sense of your own claim - that $197M somehow equates to executive pay and the CEO, the highest paid person, makes $7-9M… Do they have the largest executive team ever and they’re all making the same as the CEO?
Learn how to read and understand a financial statement and stop trying to claim that G&A = executive pay
Sure! So take a look at their Form 990 which details the executive pay. The total was $9.9M which is 1.9% of total expenses. Speaking of the CEO specifically, their comp was $6.25M which is 1.2% of total expenses
According to Mozilla, roughly 2/5 (that’s 40%) of its expenses were to pay leadership.
Unless “paying leadership” now includes real estate costs, marketing, legal, consultants, etc…
Not sure why you’re so wound up on this, you read the financial statement wrong which isn’t a huge deal, not sure why you’re so adamant to argue this point
I fear you have no idea how to read a financial statement
Total expenses for 2023 were $496 million (plus income tax puts it at $511 million). Total salary expenses were $328 million, approximately 66% of all expenses. On the financial statement, there is absolutely no mention of executive compensation so no clue where you’re pulling this line that executive compensation made up 40% of all expenses.
I have highlighted it to give you a fighting chance. Maybe this time you can muster the faculties to read it.
That isn’t executive pay lol “Management and General” includes real estate costs, all general.operating expenses, all admin staff (think HR, Legal, finance, accounting)- basically all back office
You can’t source your claims, you can’t read sources given to you, you can’t even do basic text interpretation. What can you do? Who spoon feeds you and cleans your bottom when you go potty?
Shoo, cheeto-stained troll! And don’t come back until you’ve learned how to debate in good faith.
Edit: fuck me, how have I not seen that you’re an ML idiot before? Here I was, trying to extract milk from a rock.
Dude, take two steps back and try to make sense of your own claim - that $197M somehow equates to executive pay and the CEO, the highest paid person, makes $7-9M… Do they have the largest executive team ever and they’re all making the same as the CEO?
Learn how to read and understand a financial statement and stop trying to claim that G&A = executive pay
Still waiting for your 1% math.
Sure! So take a look at their Form 990 which details the executive pay. The total was $9.9M which is 1.9% of total expenses. Speaking of the CEO specifically, their comp was $6.25M which is 1.2% of total expenses
Now cite my words that say 40% is executive pay.
This u?
Unless “paying leadership” now includes real estate costs, marketing, legal, consultants, etc…
Not sure why you’re so wound up on this, you read the financial statement wrong which isn’t a huge deal, not sure why you’re so adamant to argue this point