Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
Share
repurchase activity during the three months ended September 30, 2025 was as follows:
Period
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs
Approximate
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Plans or
Programs (1)
July 1, 2025 to July 31, 2025
-
$ -
-
August 1, 2025 to August 31, 2025
-
$ -
-
September 1, 2025 to September 30, 2025
-
$ -
-
Total:
-
-
$ 965,132
(1)
On April 23,
2024, following approval by the Company’s Board of Directors, stockholders holding all of the Company’s outstanding preferred
stock approved a stock repurchase program (the “Repurchase Program”), pursuant to which the Company is authorized to
purchase up to $1 million of its common stock over an unlimited time period. Repurchases under the Repurchase Program (i) shall be
effectuated from time to time in the open market at prevailing market prices, in privately negotiated transactions, pursuant to one
or more Rule 10b5-1 plans, or otherwise, (ii) shall be in accordance with the terms of Rule 10b-18 promulgated under the Exchange
Act, and (iii) shall be made in accordance with applicable laws and regulations in effect from time to time.
Item
3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
Not
applicable.
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