Item 5. Market for Registrant’s Common Equity
ITEM 5
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock currently trades on the Nasdaq Capital Market.
As of May 12, 2025, there were 86 record holders of our common stock
and approximately 1,560 beneficial shareholders of our Common Stock.
We have not paid any cash dividends on our Common Stock since inception.
Except as set forth in the following table, we intend to retain earnings, if any, for use in our business and for other corporate purposes.
Issuer Purchases of Equity Securities Pursuant to Stock Repurchase Program (1)
Period
Total
number of shares purchased (2)
Average
price paid per share
Total
number of shares purchased as part of publicly announced plans or programs (2)
Maximum
number (or approximate dollar value)
of shares that may yet be purchased under the plans or programs
Month
#1 (December 1, 2024 through December 31, 2024).
—
—
—
—
Month
#2 (January 1, 2025 through January 31, 2025).
—
—
—
—
Month
#3 (February 1, 2025 through February 28, 2025).
2,116
$3.72
2,116
—
Total
2,116
$3.72
2,116
$1,992,133
(1) On November 4, 2024, we announced that we had authorized a Stock Repurchase Program to acquire up to $2,000,000
of our outstanding common stock. We formally established the Stock Repurchase Program on January 21, 2025. The Stock Repurchase Program
shall remain in place for a one-year period expiring on January 21, 2026, unless sooner terminated by its terms.
(2) Represents shares repurchased through the Stock Repurchase Program. We did not acquire any shares outside
of the Stock Repurchase Program.
ITEM 6
RESERVED
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.