They reference Chris Mellon, who is a part of Tom Delonge's To the Stars organization. I am not an expert here but he has this public benefit corporation that always struck me as weird. It's like a charity, but Tom Delonge gets interest and royalties from it. Also: in 2017 they recognized 25M in stock comp expense... Like WTF. That is not possible for a company that is basically worthless.
https://www.sec.gov/Archives/edgar/data/1710274/000114420419...