11 unchanged sentences
On June 1, 2020, the Company’s Board of Directors authorized a $6 million share repurchase program through June 9, 2021.
+Added: On August 20, 2020, the Company’s Board of Directors authorized an additional $8 million share repurchase program to begin on September 4, 2020, through September 3, 2021.
+Added: On October 22, 2020, the Company’s Board of Directors authorized another $30 million share repurchase program through October 29, 2023.
+Added: As of October 31, 2020, the $6 million and $8 million repurchase programs were completed.
The following table summarizes the activity of the common stock repurchases under the program for the year ended June 30, 2021.
+Added: All purchases were made in the open market.
Approximate Dollar Value
2 unchanged sentences
as Part of Plan
−Removed: June 1, 2020 through June 30, 2020
−Removed: Subsequent to June 30, 2020, on August 21, 2020, the Company’s Board of Directors authorized a new share repurchase program authorizing the Company to purchase up to an aggregate of $8 million of the Company’s common stock.
−Removed: The table above excludes the new $8 million share repurchase program.
−Removed: Sales of Unregistered Securities
−Removed: On April 6, 2020, the Company granted a stock option to its new Chief Financial Officer & Chief Operations Officer to purchase 78,884 shares of its common stock at an exercise price of $9.97 per share.
−Removed: This option was an inducement grant made outside of the Omnibus Stock Plan in accordance with Nasdaq Listing Rule 5635(c)(4) and Section 4(a)(2) of the Securities Act of 1933, as amended.
−Removed: The option has a ten-year term and vests on April 6, 2023.
−Removed: Vesting of the option is subject to such employee’s continued service with the Company through the applicable vesting date.
−Removed: The Company intends to file a registration statement on a Form S-8 to register the shares of common stock underlying this option.
+Added: As of June 30, 2020
+Added: July 1, 2020, to July 31, 2020
+Added: August 1, 2020, to August 31, 2020
+Added: September 1, 2020, to September 30, 2020
+Added: As of September 30, 2020
+Added: October 1, 2020, to October 31, 2020
+Added: November 1, 2020, to November 30, 2020
+Added: December 1, 2020, to December 31, 2020
+Added: As of December 31, 2020
+Added: January 1, 2021, to January 31, 2021
+Added: February 1, 2021, to February 28, 2021
+Added: March 1, 2021, to March 31, 2021
+Added: As of March 31, 2021
+Added: April 1, 2021, to April 30, 2021
+Added: As of June 30, 2021
Selected Financial Data
11 unchanged sentences
Income (loss) before income taxes
−Removed: Income tax benefit (provision)
+Added: Income tax provision (benefit)
Net income (loss)
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.