4 unchanged sentences
Equity Compensation Plans
−Removed: We do not maintain any deferred compensation, retirement, pension or profit-sharing plans.
−Removed: Our board of directors has adopted an incentive plan, allowing for the grant of equity and cash-based awards to our employees and directors.
+Added: Our board of directors has adopted an incentive plan, allowing for the grant of equity and cash-based awards to our employees and directors as well as a deferred compensation plan for non-employee members of the board of directors and select executive-level employees.
+Added: We do not maintain any retirement, pension or profit-sharing plans.
+Added: The additional information required by this item will be incorporated by reference from our definitive proxy statement to be filed with the SEC pursuant to Regulation 14A.
Sales of Unregistered Securities
8 unchanged sentences
Riley acting as our agent or principal.
−Removed: During 2023, we issued 748,703 shares of common stock under the 2022 Shelf, generating net proceeds of $4.5 million.
+Added: From our entry into the Sales Agreement through December 31, 2024 , we issued and sold 2,313,013 shares of common stock under the 2022 Shelf, generating net proceeds of $12.8 million.
At December 31, 2024, 2,586,987 shares remain available for issuance under the Sales Agreement.
−Removed: We currently intend to use the net proceeds from this offering for general corporate purposes, including working capital, research and development, payments for research and development — licenses acquired, sales and marketing activities, general administrative matters, operating expenses and capital expenditures.
+Added: We used and will continue to use the net proceeds from this offering for general corporate purposes, including working capital, research and development, payments for research and development — licenses acquired, sales and marketing activities, general administrative matters, operating expenses and capital expenditures.
As of March 26, 2025, there were approximately 43 holders of record for our common stock and 1 holder of record for our Class A common stock.
3 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.