What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2025-05-13 compared with 2024-11-14 · 30 added, 32 removed, 5 unchanged (93% of the section changed)

1 unchanged sentence

AND USE OF PROCEEDS

Board of Directors approved a share buyback program under which the Company can repurchase up to 20% of its common stock in open

market and privately negotiated purchases, in compliance with Rule 10b-18 under the Exchange Act.

The Company engaged and entered

into an agreement with Dominari Securities LLC (“Dominari”) on August 28, 2023, to effect the share buyback program.

share buyback program commenced in September 2023.

Dominari shall determine, in its sole discretion, the timing, amount, prices and

manner of purchase of securities during such period.

The share buyback program does not obligate the Company to acquire any

particular amount of common stock, and the program may be suspended or discontinued at any time.

In January 2024, the Board of Directors of the

Company authorized an increase of the share buyback program to $5,000,000.

Total number of

as part of the

(In millions, except share and per share data)

per share (2)

January 1 - 31, 2024

February 1 - 29, 2024

March 1 - 31, 2024

April 1 - 30, 2024

May 1 - 31, 2024

June 1 - 30, 2024

July 1 - 31, 2024

August 1 - 31, 2024

September 1 - 30, 2024

On August 25, 2023, the

Company announced that the Board of Directors authorized an up to 20% share buyback program, which does not have an expiration date.

In January 2024, the Board of Directors of the Company authorized an increase of the share buyback program to $5,000,000.

inception of the share buyback program on September 8, 2023, through December 19, 2023, the Company has purchased a total of 865,070

shares of the Company’s common stock at an average price of $1.7 per share for a total purchase price of $1,440,852.

January 2024, the Company purchased a total of 190,628 shares of the Company’s common stock at an average price of $2.9 per

Average price paid per share excludes costs associated with the repurchases.

Recent Sales of Unregistered Securities

In addition to the issuances of unregistered securities

described in the Current Reports on Form 8-K filed by the Company with the SEC, during the first quarter of 2025 ended March 31, 2025

the Company issued the following equity securities which were not registered under the Securities Act.

On January 2, 2025, the Company issued 3,334 shares

of common stock (on post-split basis) to the entity owned and controlled by its former member of the Board, Avraham Ben-Tzvi, in accordance

with his director agreement with the Company.

On January 3, 2025, the Company issued 22 shares

of common stock (on post-split basis) to James O’Brien, its member of the Board, due to conversion of 156 restricted stock units

granted to him on August 9, 2023 into shares of common stock.

On January 3, 2025, the Company issued 446 shares

of common stock (on post-split basis) to Sean Dollinger, its Chief Executive Officer and member of the Board due to conversion of 15,625

restricted stock units granted to him on August 9, 2023 into shares of common stock.

On March 31, 2025, the Company issued 179 shares

of common stock (on post-split) basis to each of the following members of the Board:

Hong Chun Yeung, Jing Lu, Lijun Chen, Yilin Lu, due

to conversion of 179 restricted stock units granted to each of them in accordance with their directors agreements on December 19, 2024

into shares of common stock.

On March 31, 2025, the Company issued 4 shares

of common stock to James O’Brien, its member of the Board, due to conversion of 4 restricted stock units granted to him on August

9, 2023 into shares of common stock.

On March 31, 2025, the Company issued 89 shares

of common stock to Sean Dollinger, its Chief Executive Officer and member of the Board due to conversion of 89 restricted stock units

granted to him on August 9, 2023 into shares of common stock.

Unless otherwise noted, the securities above were

issued pursuant to the registration requirements of the Securities Act provided by Section 4(a)(2) and/or Rule 506 of Regulation D promulgated

under the Securities Act, in light of the fact that none of the issuances involved a public offering of securities and no solicitation

or advertisements for such securities were made by any party.

Purchases of Equity Securities by Issuer and

Its Affiliates

DEFAULTS UPON SENIOR SECURITIES

2 unchanged sentences

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-Q

Item 2. Unregistered Sales of Equity Securities