149 unchanged sentences
EXECUTIVE COMPENSATION.
−Removed: The following table presents information regarding the total compensation awarded to, earned by, or paid to each person serving as Chief Executive Officer during the year ended August 31, 2023 and other individuals as required by Item 402(m)(2) of Regulation S-K, during the noted periods.
+Added: The following table presents information regarding the total compensation awarded to, earned by, or paid to each person serving as Chief Executive Officer during the year ended August 31, 2024 and 2023 and other individuals as required by Item 402(m)(2) of Regulation S-K, during the noted periods.
These individuals are our named executive officers for 2024.
6 unchanged sentences
Chief Financial Officer 2023 17,320 - - 12,545 - 29,865
−Removed: Samuel Ritchie (3)(5) 2023 - - - - - -
−Removed: Former Chief Financial Officer 2022 58,844 - - - 16,937 75,781
(1) Option awards shown here represent the aggregate grant date fair value of all options granted.
4 unchanged sentences
(4) Appointed April 2022.
−Removed: (5) Resigned effective March 2022.
+Added: (5) Resigned effective September 2024.
EMPLOYMENT AGREEMENT WITH OUR NAMED EXECUTIVE OFFICERS
11 unchanged sentences
Options Weighted
+Added: Average Option
Exercise Price
19 unchanged sentences
In addition, our directors are eligible for grants of options to purchase shares of our common stock at the discretion of our Board of Directors.
−Removed: The following table summarizes compensation paid to all of our directors who were not our named executive officers during the fiscal year ended August 31, 2023:
−Removed: Name Fees Earned
−Removed: Cash ($) Stock Awards ($) Option Awards ($) All Other
−Removed: Compensation ($) (1) Total ($)
−Removed: Hyonmyong Cho - - 4,182 - 4,182
−Removed: Samuel Jay Graber - - 4,182 12,500 16,682
−Removed: David Summers - - 4,182 - 4,182
−Removed: David Mossberg - - 4,182 12,500 16,682
−Removed: (1) Other compensation includes participation in the employee share purchase plan described above under long term incentive plans.
+Added: There were no options awarded to directors for the year ended August 31, 2024.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.
51 unchanged sentences
Issued upon Exercise of
−Removed: Outstanding Options (a) Weighted-Average
+Added: Outstanding Options
+Added: (a) Weighted-Average
Exercise Price of
1 unchanged sentence
(b) Number of Options
−Removed: Remaining Available for
−Removed: Future Issuance Under
−Removed: Equity Compensation
−Removed: Plans (excluding
−Removed: securities reflected in
−Removed: column (a)) (c)
+Added: Remaining Available
+Added: for Future Issuance
+Added: Compensation Plans
+Added: (excluding securities
+Added: reflected in column (a))
Equity compensation plans approved by stockholders 639,000 $ 1.28 361,000
56 unchanged sentences
† Management contract or compensatory plan or arrangement
−Removed: FORM 10-K SUMMARY.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
9 unchanged sentences
/s/Frederick Vandenberg
−Removed: Frederick Vandenberg
−Removed: Chief Executive Officer, President
−Removed: (Principal Executive Officer)
+Added: Frederick Vandenberg, President
+Added: Chief Executive Officer (Principal Executive Officer)
November 20, 2024
−Removed: /s/Olya Massalitina
−Removed: Olya Massalitina, CPA
+Added: /s/Frederick Vandenberg
+Added: Frederick Vandenberg, CPA
Chief Financial Officer, Treasurer
14 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.