−Removed: MARKET FOR REGISTRANT’S COMMON EQUITY,
−Removed: RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Market Information
−Removed: Our common stock is trading on the Nasdaq Capital
−Removed: Market (“Nasdaq”) since April 30, 2021 under the symbol “RCAT
−Removed: The last reported sales price of our common stock
−Removed: on July 26, 2022 was $2.28.
−Removed: As of July 26, 2022, there were 649 stockholders
−Removed: of record of our common stock.
−Removed: The Company has never paid dividends on its common
−Removed: stock and does not anticipate that it will pay dividends in the foreseeable future.
−Removed: It intends to use any future earnings for the expansion
−Removed: of its business.
−Removed: Any future determination of applicable dividends will be made at the discretion of the Board of Directors and will depend
−Removed: on the results of operations, financial condition, capital requirements and other factors deemed relevant.
−Removed: Securities Authorized for Issuance Under Equity
−Removed: Compensation Plan
−Removed: The following table provides information regarding
−Removed: our equity compensation plans as of April 30, 2022:
−Removed: Equity Compensation Plan Information
−Removed: Plan category
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: common stock is trading on the Nasdaq Capital Market (“Nasdaq”) since April 30, 2021 under the symbol “RCAT”.
+Added: last reported sales price of our common stock on July 24, 2023 was $1.12.
+Added: of July 26, 2023, there were 598 stockholders of record of our common stock
+Added: Company has never paid dividends on its common stock and does not anticipate that it will pay dividends in the foreseeable future.
+Added: intends to use any future earnings for the expansion of its business.
+Added: Any future determination of applicable dividends will be made at
+Added: the discretion of the Board of Directors and will depend on the results of operations, financial condition, capital requirements and
+Added: other factors deemed relevant.
+Added: Authorized for Issuance Under Equity Compensation Plan
+Added: following table provides information regarding our equity compensation plans as of April 30, 2023:
+Added: Compensation Plan Information
of securities to be issued upon exercise of outstanding options, warrants, and vesting of restricted stock
2 unchanged sentences
of securities remaining available for future issuance under equity compensation plans
−Removed: Equity compensation plans
−Removed: approved by security holders
−Removed: Equity compensation plans not approved
−Removed: by security holders
+Added: compensation plans approved by security holders
+Added: compensation plans not approved by security holders
______________
−Removed: Represents stock options issued and restricted stock units awarded under the Company’s 2019 Equity Incentive Plan.
−Removed: Recent Sales of Unregistered Securities
−Removed: Except as set forth below,
−Removed: there were no sales of equity securities during the period covered by this Annual Report that were not registered under the Securities
−Removed: Act and were not previously reported in a Quarterly Report on Form 10-Q or a Current Report on Form 8-K filed by the Company.
−Removed: The above issuances did not
−Removed: involve any underwriters, underwriting discounts or commissions, or any public offering and we believe are exempt from the registration
−Removed: requirements of the Securities Act of 1933 by virtue of Section 4(2) thereof.
+Added: stock options issued and restricted stock units awarded under the Company’s 2019 Equity Incentive Plan.
+Added: Sales of Unregistered Securities
+Added: There were no sales of equity securities during the period covered by this Annual Report that were not registered
+Added: under the Securities Act and were not previously reported in a Quarterly Report on Form 10-Q or a Current Report on Form 8-K filed by
SELECTED FINANCIAL DATA
−Removed: As a smaller reporting company, we are not required
−Removed: to provide this information.
+Added: a smaller reporting company, we are not required to provide this information.
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.