2 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: The following table sets forth
−Removed: information about repurchases of our common stock for the three months ended September 30, 2022:
−Removed: purchased (1)
+Added: The following table sets
+Added: forth information about repurchases of our common stock for the three months ended March 31, 2023:
+Added: Total number of shares purchased (1)
Average price
paid per share
−Removed: Total number of
shares purchased
−Removed: as part of publicly
−Removed: announced plans or programs (2)
−Removed: dollar value of
−Removed: shares that may
−Removed: yet be purchased
+Added: plans or programs (2)
under plans or
programs (2)(3)
−Removed: July 1 to July 31, 2022
−Removed: August 1 to August 31, 2022
−Removed: September 1 to September 30, 2022
−Removed: Three months ended September 30, 2022
+Added: January 1 to January 31, 2023
+Added: February 1 to February 28, 2023
+Added: March 1 to March 31, 2023
+Added: Three months ended March 31, 2023
(1) We repurchased 860,000 shares as part of our publicly announced
−Removed: share repurchase program during the three months ended September 30, 2022 and received no shares transferred from employees in satisfaction
+Added: share repurchase program during the three months ended March 31, 2023 and received no shares transferred from employees in satisfaction
of minimum statutory tax withholding obligations upon the vesting of restricted stock during the period.
−Removed: (2) On September 12, 2022, we announced a share repurchase program under which we may repurchase up to
−Removed: $50 million of our common stock with an initial purchase authorization of $10 million.
−Removed: Amounts in excess of the initial purchase
−Removed: authorization of $10 million will require additional board and preferred stockholder authorization.
−Removed: The share repurchase program
−Removed: does not have an expiration date, does not require the repurchase of any particular amount of shares, and may be implemented,
−Removed: modified, suspended or discontinued in whole or in part at any time and without further notice.
−Removed: For additional information, see
−Removed: "Note 1 - Organization and Business — Share Repurchase Program" to our Notes to Consolidated Financial Statements included in this Quarterly Report on Form 10-Q.
+Added: (2) On September 12, 2022, we announced a share repurchase program
+Added: under which we may repurchase up to $50 million of our common stock with an initial purchase authorization of $10 million.
+Added: have further limited our purchase authorization to $5 million.
+Added: Amounts in excess of our lenders’ initial purchase authorization
+Added: of $5 million will require additional lender consent and amounts in excess of the initial purchase authorization of $10 million will
+Added: require additional board and preferred stockholder authorization.
+Added: The share repurchase program does not have an expiration date, does
+Added: not require the repurchase of any particular amount of shares, and may be implemented, modified, suspended or discontinued in whole or
+Added: in part at any time and without further notice.
(3) Amount represents the share repurchase program size of $50 million
−Removed: less approximately $1 million in aggregate share repurchases, but is subject to additional board and preferred stockholder authorization
−Removed: for purchases in excess of the initial purchase authorization of $10 million.
+Added: less approximately $3.0 million in aggregate share repurchases, but is subject to authorizations for purchases in excess of our lenders’
+Added: purchase authorization of $5 million and our board and preferred stockholders’ initial purchase authorization of $10 million.
Our current and future debt
1 unchanged sentence
financial and other operating conditions and our ability to properly service our debt, thereby limiting or preventing us from paying cash
−Removed: For the three and nine
−Removed: months ended September 30, 2022 and 2021, we accrued and paid in cash an aggregate of $0.3 million and $0.9 million, respectively,
−Removed: in dividends on our Series B Cumulative Convertible Preferred Stock, or Series B Preferred Stock.
−Removed: We have never declared or paid
−Removed: cash dividends on our common stock and do not currently intend to pay cash dividends on our common stock in the foreseeable future.
−Removed: currently anticipate that we will retain any earnings for use in the continued development of our business.
+Added: For the three months ended
+Added: March 31, 2023 and 2022, we accrued and paid in cash an aggregate of $0.3 million in dividends on our Series B Cumulative Convertible
+Added: Preferred Stock, or Series B Preferred Stock.
+Added: We have never declared or
+Added: paid cash dividends on our common stock and do not currently intend to pay cash dividends on our common stock in the foreseeable future.
+Added: We currently anticipate that we will retain any earnings for use in the continued development of our business.
The holders of our outstanding
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.