1 unchanged sentence
Trading Symbol for Common Stock
−Removed: The Company’s Common Stock is traded on the NYSE American Exchange, under the symbol “ELA.”
+Added: The Company’s Common Stock is traded on the NYSE American and NYSE Texas Exchanges under the symbol “ELA.”
Holders of Record
−Removed: As of March 17, 2024, we had 217 record holders of our Common Stock.
+Added: As of March 17, 2026, we had 201 holders of record of our Common Stock.
The Company has not paid any cash dividends on its Common Stock to date.
−Removed: The payment of cash dividends in the future will be dependent upon the Company’s revenues and earnings, capital requirements, and general financial condition.
+Added: Future cash dividend payments will depend on the Company’s revenues and earnings, capital requirements, and general financial condition.
The payment of any cash dividends will be within the discretion of the Company’s Board at such time.
−Removed: In addition, the Company is not currently contemplating and does not anticipate declaring any stock dividends in the foreseeable future as it is currently expected that available cash resources will be utilized in connection with our ongoing operations, capital expenditures, and growth initiatives.
+Added: In addition, the Company is not currently contemplating and does not anticipate declaring any stock dividends in the foreseeable future, as available cash resources are expected to be utilized for ongoing operations, capital expenditures, and growth initiatives.
Issuer Purchases of Equity Securities
−Removed: The following lists the repurchase of Company shares as of December 31, 2024:
+Added: The following table lists the repurchase of Company shares as of December 31, 2025:
Total Number of
24 unchanged sentences
Balance as of December 31, 2025
−Removed: (1) All shares were purchased in open-market transactions through the stock repurchase program approved by the Board on March 14, 2023, for the repurchase of up to one million shares of the Company’s Common Stock.
+Added: (1) All shares were purchased in open-market transactions through the stock repurchase program approved by the Board on March 14, 2023, for the repurchase of up to 1.0 million shares of the Company’s Common Stock.
+Added: On March 27, 2025, the Board unanimously approved the repurchase of an additional 100 thousand shares of the Common Stock, bringing the total authorization under the existing repurchase program to 1.1 million shares.
(2) The stock repurchase program was publicly announced on May 3, 2023, and expires March 31, 2026.
Repurchases under the stock repurchase plan began on May 10, 2023.
−Removed: The timing and amount of any Common Stock repurchased under the program will depend on a variety of factors including price, corporate and regulatory requirements, capital availability, and other market conditions.
+Added: The timing and amount of any Common Stock repurchased under the program depend on a variety of factors, including price, corporate and regulatory requirements, capital availability, and other market conditions.
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.