If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Includes (i) 1,015,017 shares held by Intrepid Production Corporation of which Robert P. Jornayvaz III is the sole shareholder, (ii) 53,035 shares held jointly by Mr. Jornayvaz and his spouse, and (iii) 267,187 shares subject to stock options that are currently exercisable and were granted to Mr. Jornayvaz in connection with his previous employment by the Issuer. Based on 13,316,799 shares of Common Stock of the Issuer outstanding as of April 30, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes (i) 1,105,017 shares held by Intrepid Production Corporation that are or may be deemed to be beneficially owned by Robert P. Jornayvaz III as the sole shareholder of Intrepid Production Corporation, (ii) 53,035 shares held jointly by Mr. Jornayvaz and his spouse and (iii) 267,187 shares subject to stock options that are currently exercisable and were granted to Mr. Jornayvaz in connection with his previous employment by the Issuer. Based on 13,316,799 shares of Common Stock of the Issuer outstanding as of April 30, 2025.


SCHEDULE 13D


 
INTREPID PRODUCTION CORP
 
Signature:Karen L. Witt
Name/Title:Karen L. Witt as Attorney-in-Fact for Intrepid Production Corporation
Date:06/06/2025
 
Jornayvaz Robert P III
 
Signature:Karen L. Witt
Name/Title:Karen L. Witt as Attorney-in-Fact for Robert P. Jornayvaz III
Date:06/06/2025
Comments accompanying signature:
Karen L. Witt is the Attorney-in-Fact for Intrepid Production Corporation and Robert P. Jornayvaz III pursuant to Limited Powers of Attorney attached as Exhibit 1 and Exhibit 2, respectively, and incorporated herein by reference.

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

LIMITED POWER OF ATTORNEY BY ROBERT P. JORNAYVAZ III

LIMITED POWER OF ATTORNEY BY INTREPID PRODUCTION CORPORATION