Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: as previously disclosed in our current and periodic reports filed prior to the date of this Form 10-Q, we did not sell any unregistered securities or repurchase any of our securities during the three months ended June 30,
−Removed: The equity dividends described in Note 12, Preferred Stock , to our accompanying unaudited condensed consolidated
−Removed: financial statements (which were previously disclosed in a current report filed prior to the date of this Form 10-Q) were exempt from
−Removed: the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2)
+Added: On July 8, 2025, pursuant to the previously disclosed terms of the 2024 Convertible Notes, the Company issued 64,346 shares of the Company’s
+Added: common stock in payment of interest to one of the holders thereof.
+Added: On September 3, 2025, pursuant to the previously disclosed terms of
+Added: the Series B Preferred Stock, the Company issued 116,523 shares of the Company’s common stock upon conversion of 145 shares of the
+Added: Series B Preferred Stock by the holder thereof.
+Added: On September 25, 2025, the Company approved the issuance of 12,500 shares of the Company’s
+Added: common stock to an investor relations firm it had engaged, in consideration of services to be rendered thereby.
+Added: Such issuances were exempt
+Added: from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2)
of the Securities Act, as transactions not involving public offerings.
−Removed: As long as the 2024 Convertible
−Removed: Notes are outstanding, we may not, directly or indirectly, redeem, or declare or pay any cash dividend or cash distribution on, any of
−Removed: our securities without the prior express written consent of a majority-in-interest of the holders of the 2024 Convertible Notes (subject
−Removed: to limited exceptions).
−Removed: Furthermore, our common stock is junior to our preferred stock with respect to certain in-kind dividends payable
−Removed: to the holders of such preferred stock.
+Added: as disclosed above and as previously disclosed in our current and periodic reports filed prior to the date of this Form 10-Q, we did
+Added: not sell any unregistered securities or repurchase any of our securities during the three months ended September 30, 2025.
+Added: long as the 2024 Convertible Notes are outstanding, we may not, directly or indirectly, redeem, or declare or pay any cash dividend or
+Added: cash distribution on, any of our securities without the prior express written consent of a majority-in-interest of the holders of the
+Added: 2024 Convertible Notes (subject to limited exceptions).
+Added: Furthermore, our common stock is junior to our preferred stock with respect to
+Added: certain in-kind dividends payable to the holders of such preferred stock.
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.