What changed in this filing

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Item 5. Market for Registrant’s Common Equity

2026-03-26 compared with 2025-03-17 · 26 added, 8 removed, 1 unchanged (97% of the section changed)

MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our Common Stock and Warrants trade on The Nasdaq Capital Market under the symbols “DRMA” and “DRMAW,” respectively, since August 12, 2021.

As of March 1, 2025, there were approximately 69 stockholders of record of our Common Stock.

This number does not include beneficial owners whose shares were held in street name.

The actual number of holders of our Common Stock is greater than this number of record holders and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers or held by other nominees.

We have never declared or paid cash dividends on our Common Stock.

We do not intend to declare or pay cash dividends on our common stock for the foreseeable future, but currently intend to retain any future earnings to fund the development and growth of our business.

The payment of cash dividends if any, on the common stock will rest solely within the discretion of our Board and will depend, among other things, upon our earnings, capital requirements, financial condition, and other relevant factors.

Common Stock and Warrants trade on The Nasdaq Capital Market under the symbols “DRMA” and “DRMAW,” respectively,

since August 12, 2021.

Sale of Unregistered Securities

March 9, 2026, we granted an option to purchase 15,000 shares of our Common Stock with an exercise price of $1.33 per share to an employee

as an “inducement” grant pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

The grant of the option was exempt from

registration under the Securities Act, pursuant to Section 4(a)(2) thereof as a transaction by an issuer not involving a public offering.

of the shares vest on the first anniversary of March 9, 2026, with the remaining shares vesting in 36 equal monthly installments thereafter,

subject to the employee’s continued service through each applicable vesting date.

The above-described award was granted outside

of our stockholder-approved equity incentive plan.

The award was unanimously approved by the Board, as a material inducement to the employee

entering into employment with us.

than as stated above or otherwise described in a Quarterly Report on Form 10-Q or Current Report on Form 8-K, we did not issue or sell

any shares of our common stock, shares of our preferred stock or warrants to purchase shares of our stock, or restricted stock awards,

during the period covered by this Annual Report on Form 10-K that were not registered under the Securities Act.

of March 1, 2026, there were approximately 65 stockholders of record of our Common Stock.

This number does not include beneficial owners

whose shares were held in street name.

The actual number of holders of our Common Stock is greater than this number of record holders

and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers or held by other nominees.

have never declared or paid cash dividends on our Common Stock.

We do not intend to declare or pay cash dividends on our common stock

for the foreseeable future but currently intend to retain any future earnings to fund the development and growth of our business.

payment of cash dividends if any, on the common stock will rest solely within the discretion of our Board and will depend, among other

things, upon our earnings, capital requirements, financial condition, and other relevant factors.

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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity