Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 311

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 1A
Chunk 311
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. Graebner and Mr. Stauss.

Code
of Business Conduct and Ethics

We
have not adopted a formal Code of Business Conduct and Ethics applicable to all Board members, officers and employees. We intend to adopt
one during the fiscal year ending March 31, 2026.

33

ITEM
11. EXECUTIVE COMPENSATION

Summary
Compensation Table

The
following table presents the compensation awarded to, earned by or paid to each of our named executive officers for the fiscal year ended
March 31, 2025.

    Summary
    Compensation Table
  
    Name and 
    Fiscal
    Year
    Ending  
    Salary  
    Bonus  
    Stock
    Awards  
    Option
    Awards  
    Non-Equity
    Incentive Plan
    Compensation  
    Non-Qualified
    Deferred
    Compensation
    Earnings  
    All
    Other
    Compensation  
    Totals 
  
    Principal
    Position 
    March
    31,  
    ($)  
    ($)  
    ($)  
    ($)  
    ($)  
    ($)  
    ($)  
    ($) 
  
    John Stauss, 
    2025  
     310,878  
     -  
     —  
     112,210  
     —  
     —  
     -  
     423,088 
  
    Chairman & CEO 
    2024  
     323,965  
     43,031  
     —  
     —  
     —  
     —  
     4,000  
     370,996 

    Ronald Bourque, 
    2025  
     72,792  
     —  
     —  
     178,815  
     —  
     —  
     -  
     251,607 
  
    Former President & CFO 
    2024  
     285,288  
     —  
     —  
     —  
     —  
     —  
     4,000  
     289,288 

    Jeff Parsons 
    2025  
     250,000  
     —  
     —