7 unchanged sentences
Because many of our shares of common stock are held by brokers or other institutions on behalf of stockholders, we are unable to estimate the total number of beneficial stockholders and believe the number of registered stockholders of record underestimates our total number of stockholders.
−Removed: During the year ended June 30, 2020, there were no sales of unregistered equity securities by us other than those transactions previously reported to the Securities and Exchange Commission (SEC) on our Current Reports on Form 8-K.
−Removed: We do not have a stock repurchase program and have not made any share repurchases during the year ended June 30, 2020.
−Removed: See Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” for information regarding securities authorized for issuance under our equity compensation plans.
+Added: In April 2021, we granted 53,191 shares of restricted stock units (“RSUs”) to an employee, with a grant-date fair value of $4.70 per restricted stock unit.
+Added: Each restricted stock unit represents the right to receive one share of our common stock upon vesting.
+Added: One fourth of the aggregate RSUs vest annually over a period of four years.
+Added: We did not receive any proceeds from this issuance.
+Added: The issuance of such securities was exempt from registration under the Securities Act, in reliance upon Section 4(a)(2) of the Securities Act, for transactions by an issuer not involving a public offering.
+Added: Other than as noted above and as previously reported to the Securities and Exchange Commission (SEC) on our Current Reports on Form 8-K, there were no sales of unregistered equity securities by us during the year ended June 30, 2021.
+Added: Issuer Purchases of Equity Securities
+Added: The following table presents information with respect to the Company’s repurchases of common stock during the quarter ended June 30, 2021.
+Added: Total Number of Shares Purchased (in millions) (1)
+Added: Average Price Paid per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Programs
+Added: (in millions) (1)
+Added: Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Programs
+Added: (in millions) (1)
+Added: (1) On May 5, 2021, the Board of Directors authorized a repurchase of an aggregate amount of our common stock not to exceed $18 million.
+Added: On May 7, 2021, we completed a repurchase of 3,108,369 shares of our common stock for an aggregate amount of $14.1 million in privately negotiated transactions with a financial intermediary .
+Added: No further purchases of common stock is intended to be made under this authorization.
Stock Performance Graph
21 unchanged sentences
Income (loss) from operations
−Removed: Loss on equity method investment
+Added: Income (loss) on equity method investment
Other expense, net
13 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.