4 unchanged sentences
of March 17, 2025, there were approximately 92 holders of record of shares of our Common Stock.
−Removed: This number does not reflect the beneficial
−Removed: holders of our common stock who hold shares in street name through brokerage accounts or other nominees.
+Added: This number does not reflect
+Added: the beneficial holders of our Common Stock who hold shares in street name through brokerage accounts or other nominees.
have never declared or paid any cash dividends on our capital stock.
6 unchanged sentences
did not sell any equity securities during the quarter ended December 31, 2024, in transactions that were not registered under the Securities
−Removed: Act other than as previously disclosed in our filings with the SEC and as described below.
−Removed: We believe that each transaction was exempt
−Removed: from the registration requirements of the Securities Act by virtue of Section 4(a)(2) thereof.
−Removed: October 1, 2023, we issued an aggregate of 94,936 restricted shares of our Common Stock to our seven directors, which shares of restricted
−Removed: stock will vest ratably over three months of continued service and which represents a restricted stock award to each director valued
−Removed: at $18,750 granted by us to each of our directors each quarter during the calendar year as part of our director compensation policy.
−Removed: October 1, 2023, we issued 3,164 shares of our Common Stock to a consultant pursuant to the terms of a consulting agreement in consideration
−Removed: of services provided.
−Removed: In November 2023 to an investor relations firm of 50,000 shares of common
−Removed: stock for services provided.
−Removed: The investor relations firm was a sophisticated investor, received shares that had a restricted legend and
−Removed: had adequate access, though their relationships with the Company, to information about the Company.
+Added: Act other than as previously disclosed in our filings with the SEC.
Authorized for Issuance Under Equity Compensation Plans
−Removed: following table presents information as of December 31, 2023, with respect to shares of our Common Stock that may be issued under our
−Removed: 2014 Equity Incentive Plan.
+Added: following table presents information as of December 31, 2024, with respect to shares of our Common Stock that may be issued under our equity incentive plans.
+Added: Plan category
securities to
9 unchanged sentences
plans (excluding
−Removed: column (a)) (1)
−Removed: Equity compensation plans approved
−Removed: by security holders
−Removed: Equity compensation plans not approved by security
−Removed: (1) The number of shares of Common Stock that may be issued pursuant to awards under the 2014 Equity Incentive Plan
−Removed: shall not exceed in the aggregate the greater of (i) 8,000,000 shares of Common Stock, or (ii) that number of shares equal to 20% of the
−Removed: total issued and outstanding shares of Common Stock.
+Added: Equity compensation plans approved by security holders
+Added: 2024 Equity Incentive Plan
+Added: Incentive Plan
+Added: Equity compensation plans not approved by security holders
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.