3 unchanged sentences
Stockholder Information
−Removed: As of February 21, 2025, there were approximatel y 358 shar eholders of record of our common stock, which does not include stockholders that beneficially own shares held in a “nominee” or in “street” name, and six holders of record of Class C stock.
+Added: As of February 20, 2026, there were approximatel y 360 shar eholders of record of our common stock, which does not include stockholders that beneficially own shares held in a “nominee” or in “street” name, and six holders of record of Class C special stock.
We have never declared or paid cash dividends on our common stock.
We do not anticipate paying any cash dividends on our common stock in the foreseeable future.
−Removed: Our shares of Series A convertible preferred stock (the “PIPE Shares”), accrue dividends at 6.50% per year on a cumulative basis, payable in cash or in-kind, and will also participate, on a pro-rata basis, in any dividends that may be declared with respect to our common stock.
−Removed: To date, we have paid all preferred stock dividends in cash.
+Added: Our shares of Series A Convertible Preferred Stock (the “PIPE Shares”) accrued dividends at 6.50% per year on a cumulative basis, payable in cash or in-kind, and also participated, on a pro-rata basis, in any dividends that would have been declared with respect to our common stock.
+Added: We paid all PIPE Share dividends in cash.
+Added: There were no shares of PIPE Shares outstanding as of December 31, 2025 as all of the PIPE Shares were converted to common shares during the third quarter of fiscal 2025, as the conditions for the conversion had been satisfied.
+Added: There were also approximately 11,000 shares of Class C special stock issued and outstanding as of December 31, 2025.
+Added: Holders of class C special stock are not entitled to receive dividends or to participate in the distribution of our assets upon liquidation, dissolution, or winding-up the Company.
We currently intend to retain all remaining available funds and any future earnings to fund the development and growth of our business.
19 unchanged sentences
(1) Shares purchased during the period were transferred to the Company from employees in satisfaction of minimum tax withholding obligations associated with the vesting of restricted stock awards during the period.
−Removed: Ta b l e of Contents
Performance Graph
−Removed: The graph below compares the five-year cumulative total stockholder return on our common stock, the Nasdaq Stock Market (US) Index, and the S&P 600 Pharmaceuticals, Biotechnology & Life Sciences Index, assuming the investment of $100.00 on December 31, 2019, with dividends being reinvested.
+Added: The graph below compares the five-year cumulative total stockholder ret urn on our common stock, the Nasdaq Stock Market (US) Index, and the S&P 600 Pharmaceuticals, Biotechnology & Life Sciences Index, as suming the investment of $100.00 on December 31, 2020, with dividends being reinvested.
The stock price performance in the graph below is not necessarily indicative of future price performance.
−Removed: Ta b l e of Contents
−Removed: Ta b l e of Contents
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.