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
Market
Information
Our
common stock is traded on The Nasdaq Capital Market under the symbol “IPM.”
Holders
As
of March 13, 2026, there were approximately 46 holders of record of our common stock. This does not reflect the number of persons or
entities who held stock in nominee or street name through various brokerage firms.
Dividends
We have never declared or paid any cash dividends
on our common stock, and we do not intend to pay cash dividends in the foreseeable future. We currently expect to retain any future earnings
to fund our operations and the expansion of our business.
Recent
Sales of Unregistered Securities
There
were no sales of unregistered securities during the year ended December 31, 2025 that were not previously reported on a Quarterly Report
on Form 10-Q or a Current Report on Form 8-K.
Issuer
Purchases of Equity Securities
On
May 8, 2025, we announced that our Board of Directors approved a stock repurchase plan for up to $400,000 of our outstanding common stock,
which plan expires on the one-year anniversary of such date. There were no repurchases of common stock during the three months ended
December 31, 2025.
ITEM
6. [Reserved]
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