v3.25.1
Subsequent Events
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abtstract]  
SUBSEQUENT EVENTS

NOTE 16 – SUBSEQUENT EVENTS

 

The Board of Directors has set April 24, 2025 as the record date for the Annual Meeting of Shareholders to be held on June 20, 2025, where shareholders will vote on seven proposals, including the ratification of a director, election of directors, auditor ratification, advisory vote on executive compensation, advisory vote on the frequency of future advisory votes on executive compensation, equity incentive plan, and potential one or multiple reverse stock splits (ranging from 1-for-10 to 1-for-250). The Board recommends voting “FOR” all proposals except Proposal 5 (Say-on-Pay Frequency Proposal), for which it recommends a “THREE YEARS” interval. In addition, shareholders may be asked to consider and vote upon other business as may properly come before the meeting or any adjournment or postponement thereof.