Capstone Holding announces cost rationalization program to achieve positive free cash flow and EBITDA. CEO Matthew Lipman reduces corporate overhead by $2M, eliminating non-core expenses like investor relations and consulting. Lipman voluntarily reduces his salary to $1.00, aiming for positive EBITDA run-rate in Q2, independent of revenue growth, strengthening financial profile.
Read more at Yahoo Finance: Capstone executes $2M cost rationalization, CEO reduces cash salary to $1.00
