5 unchanged sentences
have never declared or paid any cash dividends on our common stock.
−Removed: Holders of our Series A Preferred Stock receive interest payments
−Removed: quarterly, at a rate of 6% per year, and rank senior with respect to interest on junior securities, dividends, distributions or liquidation
−Removed: We anticipate that we will retain all available funds and future earnings, if any, for use in the operation of our business
−Removed: and do not anticipate paying cash dividends in the foreseeable future.
−Removed: In addition, future debt instruments may materially restrict our
−Removed: ability to pay dividends on our common stock.
−Removed: Payment of future cash dividends, if any, will be at the discretion of the board of directors
−Removed: after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs,
−Removed: the requirements of then-existing senior equity and debt instruments and other factors the board of directors deems relevant.
+Added: We anticipate that we will retain all available funds and future
+Added: earnings, if any, for use in the operation of our business and do not anticipate paying cash dividends in the foreseeable future.
+Added: addition, future debt instruments may materially restrict our ability to pay dividends on our common stock.
+Added: Payment of future cash dividends,
+Added: if any, will be at the discretion of the board of directors after taking into account various factors, including our financial condition,
+Added: operating results, current and anticipated cash needs, the requirements of then-existing senior equity and debt instruments and other
+Added: factors the board of directors deems relevant.
Sales of Unregistered Securities
−Removed: Use of Proceeds from Registered Securities
−Removed: following is a summary of issuances of unregistered securities during the fourth quarter of 2022, to the extent not previously disclosed
−Removed: in a Current Report on Form 8-K filed by the Company:
−Removed: 59,000 shares of restricted shares of common stock were granted pursuant to agreements
−Removed: regarding services provided to the Company.
+Added: The following is a summary of issuances of unregistered securities during the fourth quarter of 2023,
+Added: to the extent not previously disclosed in a Current Report on Form 8-K filed by the Company:
+Added: 53,764 shares of restricted shares of common
+Added: stock were granted pursuant to agreements regarding services provided to the Company.
+Added: the first quarter of 2024, 393,703 shares of restricted shares of common stock were granted pursuant to agreements regarding services
+Added: provided to the Company.
sales or issuances of the securities described above were deemed to be exempt from registration pursuant to Section 4(a)(2) of the Securities
1 unchanged sentence
by the Company not involving a public offering.
−Removed: February 14, 2022, we completed our initial public offering.
−Removed: We received approximately $20.5 million in net proceeds after deducting
−Removed: underwriting discounts and commissions of $1.8 million and offering expenses of approximately $700,000.
−Removed: There has been no material change
−Removed: in the use of proceeds from our initial public offering as described in our final prospectus filed with the SEC pursuant to Rule 424(b)
−Removed: of the Securities Act of 1933, as amended, and other periodic reports previously filed with the SEC, which are used for general corporate
Purchases of Equity Securities
−Removed: December 31, 2022, the Company withheld 862 shares of common stock, at a price per share of $2.52, to satisfy tax withholding obligations
−Removed: due upon the vesting of a restricted stock grant held by Mr.
−Removed: We did not pay cash to repurchase these shares, nor was this repurchase
−Removed: part of a publicly announced plan or program.
+Added: the quarter ended December 31, 2023, the Company withheld 3,785 shares of common stock, at a price per share of $1.72, to satisfy tax
+Added: withholding obligations due upon the vesting of a restricted stock grant.
+Added: We did not pay cash to repurchase these shares, nor was this
+Added: repurchase part of a publicly announced plan or program.
+Added: Total Number of Shares Purchased (1)
+Added: Average Price Paid per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
+Added: Maximum Number of Shares That May Yet be Purchased Under the Plans or Programs
+Added: October 1, 2023 – October 31, 2023 —
+Added: November 1, 2023 – November 30, 2023
+Added: December 1, 2023 – December 31, 2023
+Added: Includes shares repurchased to satisfy tax withholding obligations due upon the vesting of restricted stock held by certain employees.
+Added: We did not pay cash to repurchase these shares, nor were these repurchases part of a publicly announced plan or program.
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.