Note 11 - Subsequent Events |
3 Months Ended |
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Mar. 31, 2025 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
11. Subsequent Events
The Company has evaluated subsequent events through the filing of this Form 10-Q and determined that there have been no events that have occurred that would require disclosure, except as set forth below.
On April 14, 2025, the Board approved the terms of a Separation Agreement with Robert J. Cobuzzi, Jr., Ph.D., the Company’s Chief Operating Officer, pursuant to which Dr. Cobuzzi’s employment with the Company will conclude effective July 1, 2025. In addition, Dr. Cobuzzi will not stand for re-election to the Board and his current term will end at the Company’s 2025 Annual Meeting of Stockholders. In connection with his departure, the Company and Dr. Cobuzzi intend to enter into a Separation Agreement.
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