−Removed: MARKET FOR REGISTRANT'S COMMON EQUITY,
−Removed: RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
+Added: MARKET FOR REGISTRANT'S COMMON
+Added: EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
(a) Market Information
7 unchanged sentences
Fourth Fiscal Quarter
−Removed: The number of holders of record of our common stock
−Removed: at September 1, 2024 was approximately 1,539.
+Added: The number of holders of record of our common
+Added: stock at September 1, 2025 was approximately 1,471.
Many of our shares of common stock are held by brokers and other institutions on behalf
8 unchanged sentences
and will depend on our future earnings, if any, our capital requirements and financial condition, and other relevant factors.
−Removed: No preferred shares are outstanding at this time.
−Removed: During fiscal year 2023 the Company paid an aggregate dividend of $0 cash, respectively, on shares of Series B Preferred Stock and Series
−Removed: C Preferred Stock which were outstanding during the year.
−Removed: A dividend of $1,000 was accrued on Series B Preferred Stock during the 2022
−Removed: From July 1, 2014, the Company had 200 shares of Series B redeemable convertible Preferred stock outstanding with a par value
−Removed: of $0.01 per share, convertible at the option of the holder at $2.00 per share, with dividends accrued and payable at 2.5% per quarter.
−Removed: The Series B Preferred stock was mandatorily redeemable at $100 per share by the Company three years after issuance and accordingly was
−Removed: classified as a liability.
−Removed: The 200 shares have reached their maturity date and the Company approved the redemption of the Series B preferred
−Removed: stock during the quarter ended December 31, 2021 and the final 200 shares of Series B redeemable convertible Preferred stock were redeemed
−Removed: for $41,000, which included the $21,000 in accrued dividend payable.
−Removed: (d) Securities Authorized for Issuance Under
−Removed: Equity Compensation Plans
+Added: No preferred shares are outstanding as of June
+Added: 30, 2025 and 2024.
+Added: A dividend of $1,000 was accrued on Series B Preferred Stock during the 2022 fiscal year.
+Added: From July 1, 2014, the Company
+Added: had 200 shares of Series B redeemable convertible Preferred stock outstanding with a par value of $0.01 per share, convertible at the
+Added: option of the holder at $2.00 per share, with dividends accrued and payable at 2.5% per quarter.
+Added: The Series B Preferred stock was mandatorily
+Added: redeemable at $100 per share by the Company three years after issuance and accordingly was classified as a liability.
+Added: The 200 shares have
+Added: reached their maturity date and the Company approved the redemption of the Series B preferred stock during the quarter ended December
+Added: 31, 2021 and the final 200 shares of Series B redeemable convertible Preferred stock were redeemed for $41,000, which included the $21,000
+Added: in accrued dividend payable.
+Added: (d) Securities Authorized for Issuance
+Added: Under Equity Compensation Plans
In June 2006 the Company adopted its 2006 Consolidated
11 unchanged sentences
Plan (as amended), including all options granted under prior merged plans, and were merged into the 2021 Equity Incentive Plan.
−Removed: of June 30, 2024, the Company had no outstanding contingent Stock Bonuses.
−Removed: In December 2021 the Company adopted its 2021 Equity
−Removed: Incentive Plan, as amended ("2021 Equity Plan").
−Removed: The 2021 Equity Plan was ratified by the Company's shareholders in April
+Added: June 30, 2025, the Company had no outstanding contingent Stock Bonuses.
+Added: In December 2021 the Company adopted its 2021
+Added: Equity Incentive Plan, as amended ("2021 Equity Plan").
+Added: The 2021 Equity Plan was ratified by the Company's shareholders
+Added: in April 2022.
Under the 2021 Equity Plan, Directors may grant Shares, Options, Stand Alone Stock Appreciation Rights ("SAR's"),
10 unchanged sentences
2006 Equity Compensation Plan table
−Removed: Number of securities to be issued upon the
−Removed: exercise of outstanding options, warrants
−Removed: average exercise price of outstanding options, warrants and rights
−Removed: of Securities remaining available for future issuance under equity compensation plans
+Added: Plan category
+Added: Number of securities to be issued upon the exercise of outstanding options, warrants
+Added: Weighted average exercise price of outstanding options, warrants and rights
+Added: Number of Securities remaining available for future issuance under equity compensation plans
Equity compensation plans
4 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.