What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2023-03-28 compared with 2022-03-14 · 21 added, 40 removed, 28 unchanged (69% of the section changed)

6 unchanged sentences

we had approximately 1,440 shareholders of record of our common stock.

Because many of our

shares of common stock are held by brokers and other institutions on behalf of shareholders, this number is not indicative of the total

number of shareholders represented by these shareholders of record.

Because many of our shares of common stock are held by brokers

and other institutions on behalf of shareholders, this number is not indicative of the total number of shareholders represented by these

shareholders of record.

We have never declared

5 unchanged sentences

Accordingly, we cannot pay dividends as a matter of law.

Recent Sales of Unregistered

In October 2021, the

Company issued 1,087 shares of restricted common stock in relation to investor relation services.

These securities described above

were issued in reliance upon the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities

Act”), as set forth in Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated thereunder relative to

transactions by an issuer not involving any public offering, to the extent an exemption from registration was required.

The recipients

of the securities described in the transactions above acquired the securities for their own account for investment purposes only and not

with a view to, or for sale in connection with, any distribution thereof.

Use of Proceeds

On June 17, 2020, our Registration Statement on

Form S-1 (File No.

333-234155), as amended (the “Registration Statement”) relating to an underwritten public offering of an

aggregate of 2,173,913 units consisting of one share of the Company’s common stock and a warrant to purchase one share of common

stock at an exercise price equal to $4.60 per share of common stock was declared effective by the SEC.

The cash proceeds from the offering

were $9,023 thousand, net of underwriting discounts and commissions of approximately $800 thousand and fees and expenses of approximately

$450 thousand.

There has been no material change in the expected use of the net proceeds from the offering, as described in our final

prospectus filed with the SEC on June 19, 2020, pursuant to Rule 424(b)(4).

As of December 31, 2020, this offering has terminated.

17, 2020, our Registration Statement on Form S-1 (File No.

333-234155), as amended (the “Registration Statement”) relating

to an underwritten public offering of an aggregate of 2,173,913 units consisting of one share of the Company’s common stock and

a warrant to purchase one share of common stock at an exercise price equal to $4.60 per share of common stock was declared effective by

The cash proceeds from the offering were $9,023 thousand, net of underwriting discounts and commissions of approximately $800

thousand and fees and expenses of approximately $450 thousand.

All proceeds from the offering have been utilized and there were no material

changes in our use of the net proceeds from the offering, as described in our final prospectus filed with the SEC on June 19, 2020.

Share Repurchase Plan

2 unchanged sentences

ISSUER PURCHASES OF EQUITY SECURITIES

Total Number of Shares

(or Units) Purchased

1 unchanged sentence

Share (or Units)

Total Number of Shares

Purchased as Part of

Publicly Announced Plans

Purchased as Part

Publicly Announced

or Programs (1)

Approximate Dollar Value of Shares that

May Yet Be Purchased Under the Plans

Approximate Dollar

Value of Shares that

May Yet Be Purchased

Under the Plans

or Programs (1)

3 unchanged sentences

12/01/2022-12/31/2022

(1) Purchases made pursuant to the Company’s share repurchase program announced on November 17, 2020,

pursuant to which the Company is authorized to purchase up to $1.5 million worth of shares of its common stock.

Under the repurchase program,

shares of the Company’s common stock may be repurchased from time to time in open market transactions, in privately negotiated transactions

or otherwise.

The timing and the actual number of shares repurchased depend on a variety of factors, including legal requirements, price

and economic and market conditions.

The repurchase program may be suspended or discontinued at any time until it expires on August 16,

On August 12, 2021, the Company’s Board of Directors extended the share repurchase program to expire on August 16, 2022.

other terms and conditions remained the same.

Effective July 1, 2022, the Company’s Board of Directors terminated the existing share repurchase program

and approved a new share repurchase program to replace the existing program due to expire in August 2022 to allow the Company to

spend up to $1.5 million to repurchase shares of its common stock, so long as the price does not exceed $5.00 until July 1, 2023.

During the three months ended December 31, 2022, the Company repurchased 84,376 shares of common stock under the Company’s current

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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity