UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: Unregistered Sales of Equity Securities
−Removed: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: We granted to certain employees
−Removed: shares of restricted stock under our 2016 Stock Incentive Plan pursuant to Restricted Stock Agreements dated and effective as of their
−Removed: respective grant dates by and between us and those employees.
−Removed: We were obligated to withhold
−Removed: minimum withholding tax amounts with respect to vested shares of restricted stock and upon future vesting of shares of restricted stock
−Removed: granted to our employees.
−Removed: Each employee was entitled to pay the minimum withholding tax amounts to us in cash or to elect to have us
−Removed: withhold a vested amount of shares of restricted stock having a value equivalent to our minimum withholding tax requirements, thereby
−Removed: reducing the number of shares of vested restricted stock that the employee ultimately receives.
−Removed: If an employee failed to timely make
−Removed: such election, we automatically withheld the necessary shares of vested restricted stock.
−Removed: For the three months ended
−Removed: June 30, 2025, in connection with satisfying our withholding requirements, we withheld the following number of shares of our common stock
−Removed: and remitted cash payments to cover the minimum withholding tax amounts, thereby effectively repurchasing from the employees such number
−Removed: of shares of our common stock at the following deemed purchase prices:
−Removed: Shares Withheld
−Removed: Deemed Purchase
−Removed: Price Per Share
−Removed: Purchase Price
−Removed: Our current and future debt
−Removed: financing arrangements may limit or prevent cash distributions from our subsidiaries to us, depending upon the achievement of specified
−Removed: financial and other operating conditions and our ability to properly service our debt, thereby limiting or preventing us from paying
−Removed: cash dividends.
−Removed: For the three and six months
−Removed: ended June 30, 2025 and 2024, we accrued and paid in cash an aggregate of $0.3 million and $0.6 million, respectively, in dividends on
−Removed: 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.
−Removed: The holders of our outstanding
−Removed: Series B Preferred Stock are entitled to dividends of 7% per annum, payable quarterly.
−Removed: Accrued and unpaid dividends in respect of our
−Removed: Series B Preferred Stock must be paid prior to the payment of any dividends in respect of shares of our common stock.
+Added: Sales of Equity Securities
+Added: Purchases of Equity Securities
+Added: by the Issuer and Affiliated Purchasers
+Added: current and future debt financing arrangements may limit or prevent cash distributions from our subsidiaries to us, depending upon the
+Added: achievement of specified financial and other operating conditions and our ability to properly service our debt, thereby limiting or preventing
+Added: us from paying cash dividends.
+Added: the three and nine months ended September 30, 2025 and 2024, we accrued and paid in cash an aggregate of $0.3 million and $0.9 million,
+Added: respectively, in dividends on our Series B Cumulative Convertible Preferred Stock, or Series B Preferred Stock.
+Added: have never declared or paid cash dividends on our common stock and do not currently intend to pay cash dividends on our common stock
+Added: in the foreseeable future.
+Added: We currently anticipate that we will retain any earnings for use in the continued development of our business.
+Added: holders of our outstanding Series B Preferred Stock are entitled to dividends of 7% per annum, payable quarterly.
+Added: Accrued and unpaid
+Added: dividends in respect of our Series B Preferred Stock must be paid prior to the payment of any dividends in respect of shares of our common
DEFAULTS UPON SENIOR SECURITIES.
−Removed: Not applicable.
MINE SAFETY DISCLOSURES.
−Removed: Not applicable.
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.