Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
During the quarter ended June 30, 2026, we had the following unregistered securities transactions:
1. We granted restricted stock unit awards to purchase an aggregate of 151,000 shares of our common stock to certain of our employees and consultants in connection with services provided to us by such persons.
2. We issued an aggregate of 49,737 shares of our common stock to our employees and consultants upon their exercise of stock options, for aggregate cash consideration of approximately $38,905.06.
The issuances of the securities described above were exempt from registration pursuant to Rule 701 promulgated under the Securities Act as transactions pursuant to compensatory benefit plans. The shares of common stock issued upon the exercise of options are deemed to be restricted securities for purposes of the Securities Act.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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