Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 475

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 1C
Chunk 475
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 employees
and that neither the Director, nor any of his/her family members has engaged in various types of business dealings with us.

Audit
Committee

Pursuant
to Section 4.2 of the Bylaws, the Board may, by resolution passed by a majority of the entire Board, designate one or more committees.
Pursuant to a Directors’ Resolution, Joe Bronson, Brian Wong, and Robert Wyler have each been appointed as members of the Audit
Committee of the Company. Mr. Bronson is considered the financial expert on our Audit Committee.

Nominating
and Compensation Committees

Our
compensation committee is chaired by Ms. Graebner and includes Mr. Wong and Mr. Stauss Our Nominating and Governance Committee is chaired
by Mr. Wong and includes Ms. 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  
     —  
     —