−Removed: Unregistered Sales of Equity Securities
−Removed: and Use of Proceeds
−Removed: Share Repurchases
−Removed: The following table presents
−Removed: the share repurchase activity for the quarter ended October 31, 2025:
−Removed: August 1 - 31, 2025
−Removed: September 1 - 30, 2025
−Removed: October 1 - 31, 2025
−Removed: (1) In March 2005, the Company’s Board of Directors authorized
−Removed: the repurchase of up to $5.0 million worth of shares of the Company’s common stock.
−Removed: On September 9, 2025, the Company’s Board
−Removed: of Directors approved a new share repurchase authorization in the amount of $20.0 million.
−Removed: Under this new share repurchase authorization,
−Removed: the Company’s shares of common stock may be purchased on a discretionary basis from time to time, subject to general business and
−Removed: market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: following table presents the share repurchase activity for the quarter ended January 31, 2026:
+Added: November 1 - 30, 2025
+Added: December 1 - 31, 2025
+Added: January 1 - 31, 2026
+Added: September 9, 2025, the Company’s Board of Directors approved a new share repurchase authorization in the amount of $20.0 million.
+Added: Under this new share repurchase authorization, the Company’s shares of common stock may be purchased on a discretionary basis from
+Added: time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately
+Added: negotiated transactions or other means.
This repurchase program may be suspended or discontinued at any time without notice.
−Removed: The new share repurchase authorization replaced
−Removed: the Company’s existing share repurchase authorization under which approximately $0.6 million remained.
−Removed: This new share repurchase
−Removed: authorization does not have an expiration date.
−Removed: (2) Represents shares withheld with respect to stock-based awards
−Removed: to satisfy required tax withholding obligations for the month of October 2025.
−Removed: There were no shares withheld or otherwise repurchased
−Removed: during the months of August 2025 and September 2025.
+Added: share repurchase authorization replaced the Company’s prior share repurchase authorization under which approximately $0.6 million
+Added: This new share repurchase authorization does not have an expiration date.
+Added: (2) Represents
+Added: shares withheld with respect to stock-based awards to satisfy required tax withholding obligations for the months of November 2025 and
+Added: January 2026.
+Added: There were no shares withheld or otherwise repurchased during the month of December 2025.
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.