Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market Information
of our common stock, $0.001 par value per share, began trading on the Nasdaq Capital Markets under the symbol “BOF” on June 16,
−Removed: The following table sets forth, for the fiscal quarters indicated, the high and low bid information for our common stock, as
−Removed: reported on the Nasdaq Capital Markets.
+Added: The following table sets forth, for the fiscal quarters indicated, the high and low bid information for our common stock, as reported
+Added: on the Nasdaq Capital Markets.
The following quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission
5 unchanged sentences
Fourth Quarter
−Removed: of March 29, 2024, there were 4,044,252 shares of common stock outstanding held by approximately 37 shareholders of record.
+Added: Fiscal Year Ended December 31, 2023
+Added: First Quarter
+Added: Second Quarter
+Added: Third Quarter
+Added: Fourth Quarter
+Added: of April 5, 2025, there were 9,584,769 shares of common stock outstanding held by approximately 25 shareholders of record.
does not include any shareholders holding shares in nominee or “street name”.
9 unchanged sentences
There can be no assurance, therefore, that any dividends on our common stock will ever be paid.
−Removed: Compensation Plan Information
+Added: Equity Compensation
+Added: Plan Information
following table provides information about shares our common stock that may be issued under our options outstanding at December 31,
−Removed: Other than individual options outstanding reflected in the table below, we did not have any shares authorized for issuance under equity
−Removed: plans at December 31, 2023.
+Added: Other than individual options outstanding reflected in the table below, we did not have any shares authorized for issuance under
+Added: equity plans at December 31, 2024.
Plan category
−Removed: Number of securities to be issued upon exercise of outstanding options, warrants and rights
−Removed: Weighted-average exercise price of outstanding options, warrants and rights
−Removed: Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))
−Removed: Equity compensation plans approved by security holders
−Removed: Equity compensation plans not approved by security holders (1)
−Removed: Represents warrants issued on June 21, 2023 to the underwriter in the Company’s IPO.
+Added: of securities to be issued upon exercise of outstanding options, warrants and rights
+Added: Weighted-average
+Added: exercise price of outstanding options, warrants and rights
+Added: of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))
+Added: Equity compensation plans approved
+Added: by security holders
+Added: Equity compensation plans
+Added: not approved by security holders (1)
+Added: Represents warrants issued on June 21, 2023 to the underwriter in the Company’s IPO, and warrants issued on June 26, 2024
+Added: to underwriter in our follow-on public offering.
Equity Incentive Plan
35 unchanged sentences
otherwise occur.
+Added: As of December 31, 2024, the annual increases to the plan resulted in 1,009,000 shares being able to be issued
+Added: under the plan.
stock options”, or ISOs, that are intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended
53 unchanged sentences
to an amount equal to:
−Removed: excess of the fair market value on the exercise date of one share of our common stock over the exercise price, multiplied by
−Removed: number of shares of common stock covered by the SAR.
+Added: the excess of the fair market value on the
+Added: exercise date of one share of our common stock over the exercise price, multiplied by
+Added: the number of shares of common stock covered
may be made in shares of our common stock, in cash, or partly in common stock and partly in cash, all as determined by the Compensation
56 unchanged sentences
award of shares of common stock under the 2022 Equity Incentive Plan to pay any federal, state, or local taxes required by law to be
−Removed: of Proceeds from Registered Securities
−Removed: June 15, 2023, we entered into an underwriting agreement with Alexander Capital, L.P.
−Removed: as the representative of the underwriters
−Removed: named therein, pursuant to which we issued and sold 1,190,000 shares of common Stock in our IPO at a price to the public of $6.00
−Removed: per share, less underwriting discounts and commissions.
−Removed: The IPO closed on June 21, 2023, and we received net proceeds of $6,226,000
−Removed: after deducting the underwriters’ discount of 9.0% and other offering expenses.
−Removed: There has been no material change in the
−Removed: planned use of proceeds from the IPO as described in our final prospectus for the IPO filed with the SEC on June 21, 2023
−Removed: pursuant to Rule 424(b).”
−Removed: Issuer Purchase of Equity Securities
+Added: Purchase of Equity Securities
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.