Item 5. Market for Registrant’s Common Equity
Item
5. Market
for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
As
of March 25, 2024, there were approximately 55 holders of record and approximately 3,544 beneficial owners of our common stock, and the
closing sales price of our common stock as reported on the NASDAQ Capital Market was $4.93.
Dividend
Policy
We
have never paid dividends on our common stock and we do not anticipate paying dividends on common stock at the present time. We currently
intend to retain earnings, if any, for use in our business. There can be no assurance that we will ever pay dividends on our common stock.
Our dividend policy with respect to our common stock is within the discretion of the Board of Directors and its policy with respect to
dividends in the future will depend on numerous factors, including earnings, financial requirements, and general business conditions.
Recent
Sales of Unregistered Securities
None.
Issuer
Purchases of Equity Securities
None.
Item
6.
Reserved.
29
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