1 unchanged sentence
Market for Common Stock
−Removed: Our common stock has been publicly traded on Nasdaq under the stock symbol “IRMD” since July 16, 2014.
−Removed: Prior to that date, there was no public market for our common stock.
−Removed: The stock market in general has experienced significant stock price fluctuations in the past few years.
−Removed: In some cases, these fluctuations have been unrelated to the operating performance of the affected companies.
−Removed: Therefore, many companies have experienced dramatic volatility in the market prices of their common stock.
−Removed: We believe that a number of factors, both within and outside our control, could cause the price of our common stock to fluctuate, perhaps substantially.
−Removed: Factors such as the following (and others) could have a significant adverse impact on the market price of our common stock:
−Removed: ● Our financial position and results of operations;
−Removed: ● Our ability, if needed, to obtain additional financing and, if available, the terms and conditions of the financing;
−Removed: ● Concern as to, or other evidence of, the reliability and efficiency of our proposed products or our competitors’ products;
−Removed: ● Announcements of innovations or new products by us or our competitors;
−Removed: ● Federal, state, and international governmental regulatory actions and the impact of such requirements on our business;
−Removed: ● The development of litigation against us;
−Removed: ● Period-to-period fluctuations in our operating results;
−Removed: ● Changes in estimates of our performance by any securities analysts;
−Removed: ● The issuance of new equity securities pursuant to a future offering or acquisition;
−Removed: ● Poorly executed acquisitions or acquisitions whose projected potential is not realized;
−Removed: ● Changes in interest rates;
−Removed: ● Competitive developments, including announcements by competitors of new products or significant contracts, acquisitions, strategic partnerships, joint ventures or capital commitments;
−Removed: ● Sales of large blocks of our stock;
−Removed: ● Investor perceptions of our company;
−Removed: ● General economic and other national and international conditions.
+Added: Our common stock was publicly traded under the stock symbol “IRMD” on the Nasdaq “Capital Market” from July 16, 2014 until June 13, 2024 and on the Nasdaq “Global Market” since June 14, 2024.
+Added: Prior to July 16, 2014, there was no public market for our common stock.
As of February 28, 2025, we had 3 stockholders of record.
−Removed: This number is significantly less than and does not include “street name” or beneficial holders, whose shares are held by banks, brokers, financial institutions and other nominees.
−Removed: On February 2, 2023, the Board of Directors declared a special cash dividend of $1.05 per share on the Company’s common stock.
−Removed: On February 21, 2023, we paid $13,222,907, to shareholders of record at the close of business on February 13, 2023.
−Removed: On December 12, 2023, the Board of Directors declared a special cash dividend of $0.48 per share and the initiation of a regular quarterly dividend on the Company's outstanding common stock.
−Removed: The regular quarterly dividend is $0.15 per share.
−Removed: The special cash dividend and the quarterly dividend are payable on January 12, 2024, to shareholders of record at the close of business on December 18, 2023.
−Removed: The decision on whether to pay cash dividends on our common stock in the future will be made by our Board of Directors, at its discretion, and will depend on our financial condition, operating results, capital requirements and other factors that the board of directors considers significant.
+Added: This number does not include “street name” or beneficial holders, whose shares are held by banks, brokers, financial institutions and other nominees.
+Added: On December 12, 2023, the Board of Directors declared the initiation of a regular quarterly dividend on the Company's outstanding common stock.
+Added: On February 13, 2025, the Company announced that the Board increased our quarterly cash dividend from $0.15 to $0.17 per share.
+Added: The decision on whether to pay, and the amount of cash dividends, if any, on our common stock in the future will be made by our Board of Directors, at its discretion, and will depend on our financial condition, operating results, capital requirements and other factors that the Board of Directors considers significant.
Unregistered Sales of Securities;
1 unchanged sentence
Purchases of Equity Securities by the Issuer
−Removed: The following table provides information regarding repurchases of common stock for the year ended December 31, 2023.
+Added: The following table provides information regarding repurchases of common stock for the three months ended December 31, 2024.
Dollar Value of
1 unchanged sentence
Paid per Share
−Removed: January 1, 2023—January 31, 2023
−Removed: February 1, 2023—February 28, 2023
−Removed: March 1, 2023—March 31, 2023
−Removed: April 1, 2023—April 30, 2023
−Removed: May 1, 2023—May 31, 2023
−Removed: June 1, 2023—June 30, 2023
−Removed: July 1, 2023—July 31, 2023
−Removed: August 1, 2023—August 31, 2023
−Removed: September 1, 2023—September 30, 2023
October 1, 2024—October 31, 2024
4 unchanged sentences
(2) The average price paid per share does not include the withheld shares discussed in (1).
−Removed: Transfer Agent
−Removed: The transfer agent and registrar for our common stock is Broadridge Financial Solutions, Inc.
Equity Compensation Plan Information
1 unchanged sentence
Stock Performance Graph
−Removed: The following information of Part II Item 5 is being furnished and shall not be deemed to be “soliciting material” or to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor will it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the extent that we specifically incorporate such information by reference thereto.
+Added: The following information of Part II Item 5 is being furnished and shall not be deemed to be “soliciting material” or to be “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor will it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that we specifically incorporate such information by reference thereto.
The following graph shows a comparison, from December 31, 2019 through December 31, 2024, of cumulative total return for our common stock, the Russell 2000 Index and the Nasdaq Medical Equipment Index.
2 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.