Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
(a) Our common stock is traded on The Nasdaq Stock Market under the symbol “IDN.”
(b) As of April 1, 2024, there were 28 shareholders of record of our common stock.
(c) No cash dividends or other cash distributions were made by us during the fiscal year ended December 31, 2023. Future dividend policy will be determined by our Board of Directors based on our earnings, financial condition, capital requirements and other then existing conditions. It is anticipated that cash dividends will not be paid to the holders of our common stock in the foreseeable future.
(d) Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of December 31, 2023, with respect to the shares of our common stock that may be issued under our existing equity compensation plans.
Plan Category Number of securities
to be issued upon
exercise of
outstanding options,
warrants and
rights (a) Weighted-average
exercise price of
outstanding options,
warrants and
rights (b) Number of securities
remaining available for
future issuance under
equity compensation plans
(excluding securities
reflected in column (a))
Equity compensation plans approved by security holders (1)
1,213,214 $ 3.13 1,138,925
Equity compensation plans not approved by security holders N/A N/A
Total 1,213,214 $ 3.13 1,138,925
(1) Represents 1,152,714 options, 60,500 restricted stock units and zero performance stock units under the 2015 Omnibus Incentive Plan.
(e) Recent Sales of Unregistered Securities
None.
(f) Repurchases of Equity Securities
There were no shares repurchased during 2023.
Item 6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.