UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: On September 24, 2024, we issued 3.8 thousand shares of common stock at a fair market value price per share of $0.81, the closing price of our common stock as reported on Nasdaq on November 16, 2023, the date of grant, and on August 24, 2024, we issued 25 thousand shares of common stock at a fair market value price per share of $0.7063, from our 2013 Consultant Stock Plan to our investor relations firm, Firm IR Group LLC (“Firm IR”).
−Removed: The 3.8 thousand shares were issued for services provided during the three months ended September 30, 2024.
−Removed: The 25 thousand shares were issued as a one-time discretionary payment for Firm IR’s services provided during our most recent equity offerings (see “Note 7 – Equity” above for additional information).
+Added: On March 31, 2025, we issued 3,750 shares of common stock at a fair market value price per share of $0.94, the closing price of our common stock as reported on Nasdaq on November 13, 2024, the date of grant, from our 2013 Consultant Stock Plan to our investor relations firm, Firm IR Group LLC (“Firm IR”).
+Added: On November 13, 2024, the board of directors authorized issuance of 15,000 shares to be remitted in quarterly installments to Firm IR, 3,750 shares of which were issued during the three months ended March 31, 2025.
These shares were issued in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act, for a transaction by an issuer not involving a public offering.
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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.