1 unchanged sentence
of Securities
−Removed: were no sales of unregistered securities during the nine months ended June 30, 2024.
−Removed: Stock Issued for Services
−Removed: the nine months ended June 30, 2024, we issued 437,643 shares of common stock in exchange for services rendered.
−Removed: Such shares had a
−Removed: total fair value of $20 thousand.
+Added: were no sales of unregistered securities during the quarter ended December 31, 2024, or from the period beginning January 1, 2025, through the
+Added: filing date of this Report.
+Added: December 20, 2023, the Company issued 356,400 shares of common stock as stated in a legal settlement.
Stock Issued Under Equity Incentive Plan
−Removed: the nine months ended June 30, 2024, we issued 4,411,949 shares of common stock in exchange for 6,537,045 vested RSUs.
−Removed: The number of RSUs sold by these employees to fund payroll taxes for the nine
−Removed: months ended June 30, 2024, was 2,125,096.
−Removed: Stock Issued Under Tender Offer
−Removed: December 26, 2023, we closed the November 2023 Warrant Exchange.
−Removed: The November 2023 Warrant Exchange had 43,538,501 2021
−Removed: Investor warrants tendered (78.4% of the outstanding 2021 Investor Warrants), resulting in the issuance of 7,270,958 shares of common
−Removed: stock and 17,415,437 New Warrants.
−Removed: The New Warrants include these terms:
−Removed: New Warrant can subscribe for and purchase one share of common stock from the Company at an exercise price of $0.18 per share on or
−Removed: before December 29, 2028.
−Removed: New Warrant can be exercised on a cash or cashless basis.
−Removed: New Warrants will automatically convert if the common stock trades at a bid price equal to or greater than $0.36 per share for 30 consecutive trading days.
−Removed: New Warrant holders will be notified if the automatic conversion is triggered and will be
−Removed: provided with 20 trading days to deliver a notice of exercise to the Company.
−Removed: New Warrants will be adjusted for stock dividends and stock splits should such an event occur during the term of the New Warrant.
+Added: shares of common stock were issued under the Equity Incentive Plan during the three months ended December 31, 2024.
of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: were no purchases of equity securities by the issuer or affiliated purchasers during the nine months ended June 30, 2024.
+Added: were no purchases of equity securities by the issuer or affiliated purchasers during the quarter ended December 31, 2024, and from the
+Added: period from January 1, 2025, to the filing date of this Report.
DEFAULTS UPON SENIOR SECURITIES
1 unchanged sentence
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.