0001402328 2025-01-01 2025-12-31 0001402328 2024-01-01 2024-12-31 0001402328 2023-01-01 2023-12-31 iso4217:USD false 0001402328 DEF 14A Sunshine Biopharma Inc. true We have not adopted any policies and practices on the timing of awards of options in relation to the disclosure of material nonpublic information by the Company. <table cellpadding="0" cellspacing="3" id="xdx_88B_eecd--PvpTableTextBlock_ziBSAbD9DGn6" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: top"> <td style="text-align: center"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Year</b></span></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Summary Compensation Table Total for PEO⁽¹⁾</b></span></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Compensation Actually Paid to PEO⁽¹⁾⁽³⁾</b></span></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Summary Compensation Table Total for Non-PEO NEOs⁽¹⁾</b></span></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Compensation Actually Paid to Non-PEO NEOs⁽¹⁾⁽³⁾</b></span></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Value of Initial Fixed $100 Investment Based On</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total Shareholder Return⁽²⁾</b></p></td> <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 15%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Income</b></span></td></tr> <tr style="vertical-align: top"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: rgb(204,238,255); text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_988_eecd--PeoTotalCompAmt_c20250101__20251231_zc4lCSWSLjba" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Summary Compensation Table Total for PEO"><b></b>$465,953</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98D_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_zJeixM3tbaRa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Compensation Actually Paid to PEO">$465,953</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_982_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zmGC3IdlB888" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Summary Compensation Table Total for Non-PEO NEOs">$959,989</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_989_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zRpDAovH33O4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Compensation Actually Paid to Non-PEO NEOs(">$959,989</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">$<span id="xdx_903_eecd--TotalShareholderRtnAmt_c20250101__20251231_zqG47ij4I4C3" title="Value of Initial Fixed $100 Investment Based On Total Shareholder Return">0</span></p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20250101__20251231_z8EoFQYLO4i4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Net Income">($5,975,352)</p></td></tr> <tr style="vertical-align: top"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: rgb(204,238,255); text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2024</b></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_983_eecd--PeoTotalCompAmt_c20240101__20241231_zfHJSbdgJfXh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Summary Compensation Table Total for PEO"><b></b>$1,211,587</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98F_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zT7OpkExv1f" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Compensation Actually Paid to PEO">$1,211,587</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_981_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_z477FH6Rn6f5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Summary Compensation Table Total for Non-PEO NEOs">$638,656</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_985_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zbJXKeJ9Tv2i" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Compensation Actually Paid to Non-PEO NEOs(">$638,656</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">$<span id="xdx_903_eecd--TotalShareholderRtnAmt_c20240101__20241231_zh0c86erYgX5" title="Value of Initial Fixed $100 Investment Based On Total Shareholder Return">0</span></p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_989_eus-gaap--NetIncomeLoss_pp0p0_c20240101__20241231_zrN3YME4fqxj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Net Income">($5,134,116)</p></td></tr> <tr style="vertical-align: top"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: rgb(204,238,255); text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2023</b></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98E_eecd--PeoTotalCompAmt_c20230101__20231231_zPcpxlvEC16c" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Summary Compensation Table Total for PEO"><b></b>$560,000</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98F_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_zyJIo2beIoF2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Compensation Actually Paid to PEO">$560,000</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_985_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zDr1HcXV9GHk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Summary Compensation Table Total for Non-PEO NEOs">$955,000</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_98F_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_zS8heiat2nRi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Average Compensation Actually Paid to Non-PEO NEOs(">$955,000</p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">$<span id="xdx_905_eecd--TotalShareholderRtnAmt_c20230101__20231231_zSXnCGaXyedd" title="Value of Initial Fixed $100 Investment Based On Total Shareholder Return">0</span></p></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white"> <p id="xdx_986_eus-gaap--NetIncomeLoss_pp0p0_c20230101__20231231_zxvSmqNed7El" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" title="Net Income">($4,506,044)</p></td></tr> </table> 465953 465953 959989 959989 0 -5975352 1211587 1211587 638656 638656 0 -5134116 560000 560000 955000 955000 0 -4506044 Dr. Steve N. Slilaty Dr. Steve N. Slilaty Dr. Steve N. Slilaty