Filing Analysis
Usio, Inc. filed an 8-K to announce its financial results for the quarter ended June 30, 2026. The filing serves as a formal notice that a press release containing these results has been issued.
📋 Key Facts
- Report date: August 12, 2026
- Reporting period: Quarter ended June 30, 2026
- The filing is an announcement of financial results via press release (Exhibit 99.1)
- Company is listed on the Nasdaq Stock Market LLC under ticker USIO
Usio, Inc. announced salary adjustments for three key executives, including the CEO, CAO, and another Senior VP/CAO, effective August 3, 2026. The filing includes amendments to their respective employment agreements.
🚩 Red Flags
- High executive compensation relative to typical micro-cap scales (CEO salary nearly $1M).
- Confusion in the filing text: Greg Carter is listed as 'Chief Accounting Officer', and Michael White is also listed as 'Chief Accounting Officer', suggesting a potential clerical error or overlapping roles.
📋 Key Facts
- Louis Hoch (Chairman, President, and CEO) base salary set to $995,000 effective August 3, 2026.
- Greg Carter (SVP, Chief Accounting Officer) base salary set to $325,000 effective August 3, 2026.
- Michael White (SVP, Chief Accounting Officer) base salary set to $260,000 effective August 3, 2026.
- All three executives remain eligible for equity incentive programs and annual bonus plans.
Usio, Inc. filed an amended 8-K to report the results of its 2026 Annual Meeting of Stockholders and announce amendments to its corporate Bylaws. The filing confirms the election of directors, approval of executive compensation, and ratification of its accounting firm.
🚩 Red Flags
- The company implemented 'exclusive forum' bylaws, which are often used to limit the ability of shareholders to bring lawsuits in more plaintiff-friendly jurisdictions.
📋 Key Facts
- Annual Meeting of Stockholders held on June 10, 2026.
- Ernesto R. Beyer and Bradley Rollins were elected as Class III directors.
- Executive compensation for the year ended December 31, 2025, was approved via non-binding advisory vote.
- Withum Smith+Brown, P.C. was ratified as the independent registered public accounting firm for fiscal year 2026.
- Bylaws were amended to establish the Eighth Judicial District Court of Clark County, Nevada, as the exclusive forum for internal corporate disputes.
- Bylaws were amended to designate federal district courts as the exclusive forum for claims under the Securities Act of 1933.
Usio, Inc. reported the results of its 2026 Annual Meeting of Stockholders and announced amendments to its corporate bylaws. The company elected two Class III directors, ratified its auditor, and approved executive compensation.
🚩 Red Flags
- The amended bylaws include provisions that the company explicitly states 'may defer, delay or discourage a potential acquiror' from attempting to obtain control of the company.
📋 Key Facts
- Annual Meeting of Stockholders held on June 10, 2026.
- Ernesto R. Beyer and Bradley Rollins were elected as Class III directors.
- Withum Smith+Brown, P.C. was ratified as the independent registered public accounting firm for fiscal year 2026.
- Executive compensation for the year ended December 31, 2025, was approved via non-binding advisory vote.
- Bylaws were amended to establish advance notice procedures for stockholder proposals and director nominations (90-120 days prior to the anniversary of the preceding annual meeting).
- Bylaws were updated to implement SEC 'universal proxy' rules (Rule 14a-19) and allow for remote stockholder meetings.
Usio, Inc. announced its financial results for the first fiscal quarter ended March 31, 2026. The disclosure was made via a press release furnished as an exhibit to the filing.
📋 Key Facts
- The filing reports financial results for the quarter ended March 31, 2026.
- The press release was issued and the 8-K filed on May 13, 2026.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
- Information in the filing is 'furnished' and not 'filed' for purposes of Section 18 of the Exchange Act.
Usio, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2025, via a press release on March 18, 2026.
📋 Key Facts
- The filing reports financial results for the fiscal quarter and year ended December 31, 2025.
- The announcement was made on March 18, 2026, through a press release furnished as Exhibit 99.1.
- The information was disclosed under Item 2.02, Results of Operations and Financial Condition.
Usio, Inc. filed an 8-K to furnish its annual letter to shareholders dated January 21, 2026. The filing is primarily a regulatory requirement to disclose the shareholder communication under Regulation FD.
📋 Key Facts
- The company issued an annual letter to shareholders on January 21, 2026.
- The primary purpose of the filing is to furnish Exhibit 99.1 (Shareholder Letter) pursuant to Item 7.01 and Item 2.02.
- The report includes standard forward-looking statement disclaimers regarding technological changes, regulatory compliance, and credit risks.
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2025. The filing serves as a formal notice that earnings data is being furnished via press release.
📋 Key Facts
- Company announced financial results for the quarter ended September 30, 2025.
- The announcement was made on November 12, 2025.
- Financial results were provided in a press release attached as Exhibit 99.1.
Usio, Inc. filed an 8-K to announce amendments to the Independent Director Agreements for four board members. The amendments primarily adjust quarterly compensation and include a performance-based bonus for the Audit Committee Chair.
🚩 Red Flags
- The Audit Committee Chair's bonus is explicitly tied to 'timely filing' of the 10-K, which can sometimes be a proxy for pressure regarding reporting timelines, though it is common in director compensation structures.
📋 Key Facts
- On August 28, 2025, the company amended agreements for Brad Rollins, Blaise Bender, Ernesto R. Beyer de la Garza, and Michelle Miller.
- Brad Rollins, Ernesto R. Beyer de la Garza, and Michelle Miller will receive $2,000 per quarter in compensation.
- Blaise Bender will receive $2,000 per quarter as a director plus an additional $20,000 annually if the 10-K is filed timely (including SEC extensions).
- All amendments are effective as of August 28, 2025.
Usio, Inc. announced that its Compensation Committee approved a new form of Restricted Stock Unit (RSU) Agreement under the company's 2025 Comprehensive Equity Incentive Plan.
📋 Key Facts
- The Board's Compensation Committee approved a new RSU Agreement on August 27, 2025.
- The agreement is part of the Company’s 2025 Comprehensive Equity Incentive Plan.
- The RSUs are intended for future grants to eligible employees, officers, and directors.
Usio, Inc. announced the entry into a new employment agreement with Michael White, who serves as the Senior Vice President and Chief Accounting Officer, effective August 18, 2025.
📋 Key Facts
- Effective date of new employment agreement: August 18, 2025
- Individual: Michael White
- Title: Senior Vice President and Chief Accounting Officer
- The filing includes the full text of the employment agreement as Exhibit 10.1
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter ended June 30, 2025. The filing serves as a formal notice that earnings data is being furnished via press release.
📋 Key Facts
- Reporting period: Quarter ended June 30, 2025
- Filing date: August 6, 2025
- The financial results are provided in Exhibit 99.1 as a non-filed press release.
Usio, Inc. held its 2025 Annual Meeting of Stockholders on June 10, 2025. The meeting resulted in the election of a new Class II director and the approval of several key shareholder proposals including executive compensation and an equity incentive plan.
📋 Key Facts
- Held Annual Meeting of Stockholders on June 10, 2025.
- Elizabeth Michelle Miller was elected to the Board as Class II Director (received 12,534,631 votes 'For').
- Stockholders approved the non-binding advisory vote on executive compensation for FY2024.
- Stockholders approved the 2025 Comprehensive Equity Incentive Plan.
- Stockholders ratified the appointment of PKF (Pannell Kerr Forster) of Texas, P.C. as independent auditors for FY2025.
Usio, Inc. announced a change in its independent registered public accounting firm due to the merger of its previous auditor, PKF Texas, with WithumSmith+Brown PC. The company has appointed Withum as its new auditor.
🚩 Red Flags
- Auditor change (though triggered by a merger rather than disagreement, it still requires transition oversight).
📋 Key Facts
- Effective June 1, 2025, PKF Texas is no longer the independent auditor following their merger into WithumSmith+Brown PC (Withum).
- The audit report from PKF Texas for the fiscal year ended December 31, 2024, contained no adverse opinions, disclaimers, or qualifications.
- The company confirmed there were no disagreements with PKF Texas regarding accounting principles, financial statement disclosures, or auditing procedures.
- Withum was appointed as the new independent auditor following approval by the audit committee.
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter ended March 31, 2025.
📋 Key Facts
- Report date: May 14, 2025
- Reporting period: Quarter ended March 31, 2025
- The filing is a standard announcement of quarterly earnings results via press release (Exhibit 99.1).
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter and fiscal year ended December 31, 2024.
📋 Key Facts
- Report date: March 26, 2025
- Period covered: Quarter and Year ended December 31, 2024
- The filing includes a press release (Exhibit 99.1) containing the financial results.
- Information in Exhibit 99.1 is furnished but not 'filed' for purposes of Section 18 liability.
This is an amendment to a previous 8-K filing regarding executive compensation updates and personnel changes. It primarily details the promotion of Greg Carter to Chief Revenue Officer and salary adjustments for the CEO, President, and Chief Accounting Officer.
🚩 Red Flags
- None identified; these are standard administrative updates to compensation following internal promotions or reviews.
📋 Key Facts
- Greg Carter promoted from EVP, Payment Acceptance to EVP, Chief Revenue Officer effective March 1, 2025; base salary set at $300,000 per annum.
- Louis Hoch (Chairman, President, and CEO) received an approved annual base salary of $900,000 effective March 1, 2025.
- Michael White (SVP, Chief Accounting Officer) received an approved annual base salary of $230,000 effective March 1, 2025.
- The filing is an amendment (8-K/A) to correct effective dates and biographical information from the original report filed on March 5, 2025.
Usio, Inc. announced several executive compensation adjustments and a leadership promotion effective March 3, 2025. This includes the promotion of Greg Carter to Chief Revenue Officer and updated base salaries for the CEO and CAO.
📋 Key Facts
- Greg Carter promoted from EVP, Payment Acceptance to EVP, Chief Revenue Officer on February 20, 2025; new base salary is $300,000 effective March 3, 2025.
- Louis Hoch (Chairman, President, and CEO) received an approved annual base salary of $900,000 effective March 3, 2025.
- Michael White (SVP, Chief Accounting Officer) received an approved annual base salary of $230,000 effective March 3, 2025.
- All mentioned executives remain eligible for equity incentive programs and annual bonus plans.
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2024.
📋 Key Facts
- The filing was made on November 6, 2024.
- The report pertains to the quarterly period ending September 30, 2024.
- Financial results were announced via a press release furnished as Exhibit 99.1.
Usio, Inc. filed an 8-K to announce the release of its financial results for the quarter ended June 30, 2024. The filing serves as a formal notice that earnings data is being furnished via press release.
📋 Key Facts
- Company announced financial results for the quarter ended June 30, 2024.
- The announcement was made on August 14, 2024.
- Financial details are contained in Exhibit 99.1 (Press Release).
Usio, Inc. reported the results of its 2024 Annual Meeting of Stockholders held on June 18, 2024. The meeting included the election of two Class I directors and advisory votes on executive compensation and auditor ratification.
📋 Key Facts
- Held Annual Meeting of Stockholders on June 18, 2024.
- Louis A. Hoch was elected to the Board as a Class I Director (12,587,687 votes in favor).
- Blaise Bender was elected to the Board as a Class I Director (12,308,418 votes in favor).
- Stockholders approved advisory vote on executive compensation for fiscal year 2023.
- Stockholders ratified the appointment of PKF (Pannell Kerr Forster) of Texas, P.C. as independent auditor for fiscal year 2024.
Usio, Inc. filed an 8-K to announce its quarterly financial results for the period ended March 31, 2024. The filing serves as a formal notice that earnings information is being released via press release.
📋 Key Facts
- Report date: May 15, 2024
- Reporting period: Quarter ended March 31, 2024
- The company issued a press release (Exhibit 99.1) containing the financial results.
- The filing is pursuant to Item 2.02 regarding Results of Operations and Financial Condition.
Usio, Inc. has replaced its long-standing independent auditor, ADKF, P.C., with Pannell Kerr Forster of Texas, P.C. (PKF) for the fiscal year ending December 31, 2024.
🚩 Red Flags
- Change in auditor (though not accompanied by a restatement or disagreement, it is a standard risk factor for micro-cap monitoring).
📋 Key Facts
- ADKF, P.C. declined to stand for re-appointment due to a strategic decision to focus on non-issuer entities.
- Pannell Kerr Forster of Texas, P.C. (PKF) has been selected as the new independent registered public accounting firm effective April 12, 2024.
- The previous auditor (ADKF) issued unqualified/unmodified opinions for fiscal years 2023 and 2022.
- No disagreements regarding accounting principles, practices, or auditing scope were reported between the company and ADKF.
Usio, Inc. filed an 8-K to announce its financial results for the quarter and fiscal year ended December 31, 2023. The filing serves as a formal notice that earnings data has been released via press release.
📋 Key Facts
- Report date: March 27, 2024
- Period covered: Quarter and Year ended December 31, 2023
- The filing includes a press release as Exhibit 99.1 containing the financial results.
- The company is listed on the Nasdaq Stock Market LLC under ticker USIO.
Usio, Inc. announced several executive leadership changes effective February 1, 2024, including the appointment of a new Chief Accounting Officer and promotions for the Chief Product Officer and CEO salary adjustments.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Michael White appointed as Senior Vice President, Chief Accounting Officer and principal accounting/financial officer, effective Feb 1, 2024.
- Michael White's annual salary set at $180,000.
- Houston Frost promoted to Senior Vice President, Chief Product Officer, with a base salary of $240,000, effective Feb 1, 2024.
- Compensation Committee approved an annual base salary of $800,000 for CEO Louis Hoch, effective Feb 1, 2024.