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Generally the Board or Compensation Committee does not approve grants of such awards during a blackout period, and does not take material nonpublic information into account when determining the timing and terms of such an award. Further, the Company does not have a policy or practice of timing the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. false false <table cellpadding="0" cellspacing="0" id="xdx_882_eecd--PvpTableTextBlock_zqlMkf4uHTnk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Year (a)</td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_483_eecd--PeoTotalCompAmt_hecd--IndividualAxis__custom--PrincipalExecutiveOfficersMember_zlQfoMGIPRjj" style="border-bottom: Black 1pt solid; text-align: center">Summary Compensation Table Total for Principal Executive Officers (PEOs) (b)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48F_eecd--PeoTotalCompAmt_hecd--IndividualAxis__custom--JamesMartinMember_zXNpVPZTibv" style="border-bottom: Black 1pt solid; text-align: center">Summary Compensation Table Total for James Martin (1) (b)(1)(b)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48C_eecd--PeoTotalCompAmt_hecd--IndividualAxis__custom--SamLeeMember_zweqKDRwDL54" style="border-bottom: Black 1pt solid; text-align: center">Summary Compensation Table Total for Sam Lee (b) (1)(b) (1)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_481_eecd--PeoActuallyPaidCompAmt_zie9E2oCU4Gh" style="border-bottom: Black 1pt solid; text-align: center">Compensation Actually Paid to PEOs (c) (2) (c)(2)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_485_eecd--PeoActuallyPaidCompAmt_hecd--IndividualAxis__custom--JamesMartinMember_zetoj6y8Yssc" style="border-bottom: Black 1pt solid; text-align: center">Compensation Actually Paid to James Martin (c) (2)(c)(2)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_486_eecd--PeoActuallyPaidCompAmt_hecd--IndividualAxis__custom--SamLeeMember_zKsRNl92mgTf" style="border-bottom: Black 1pt solid; text-align: center">Compensation Actually Paid to Sam Lee (c) (2)(c) (2)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_486_eecd--TotalShareholderRtnAmt_pp2d_zBMHBNhb1N12" style="border-bottom: Black 1pt solid; text-align: center">Value of Initial Fixed $100 Investment Based On Total Shareholder Return (f) (3) (4)(f) (3) (4)</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_48E_eus-gaap--NetIncomeLoss_zxByhtV9HRdh" style="border-bottom: Black 1pt solid; text-align: center">Net Income (Loss) (g) (4) (g)(4)</td><td style="text-align: center; padding-bottom: 1pt"> </td></tr> <tr id="xdx_41B_20250101__20251231_ziRIUvKxlzf6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 10%; text-align: center">2025(a)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">513,672</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">265,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">248,672</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">513,677</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">265,005</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">248,672</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">95.11</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 7%; text-align: right">(8,831,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_418_20240101__20241231_zg7Rm2q2FKh3" style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2024(a)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,361,718</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">680,859</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">680,859</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,220,918</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">610,459</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">610,459</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">109.78</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(17,504,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_41C_20230101__20231231_zH1zn4DwXzsf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">2023(a)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,254,402</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">627,201</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">627,201</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,185,477</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">594,935</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">590,902</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53.21</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(17,984,000</td><td style="text-align: left">)</td></tr> </table> 513672 265000 248672 513677 265005 248672 95.11

-8831000

1361718 680859 680859 1220918 610459 610459 109.78

-17504000

1254402 627201 627201 1185477 594935 590902 53.21

-17984000

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.1in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">James Martin and Sam Lee have served as Co-Chief Executive Officers (principal executive officers or “PEOs”) of the Company since May 2021. The Company did not have any named executive officers who were not PEOs for the fiscal year ended December 31, 2025, so the columns titled “Average summary compensation table total for non-PEO named executive officers” and “Average compensation actually paid to non-PEO named executive office” from Item 402(v) or Regulation S-K are not applicable to the Company.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.1in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Represents the “Summary Compensation Table Total” amounts reflected in the above table, with the following adjustments pursuant to Item 402(v)(2) of Regulation S-K: (i) the deduction of “Stock Awards” and “Option Awards” in the Summary Compensation Table for each fiscal year, and (ii) the following adjustments related to such categories:</td></tr> </table> 75886 10692 0 6532 0 0 80800 6281 70400 7840 0 0 29370 3858 11146 4967 0 0 39960 5346 0 3446 0 0 40400 2941 35200 4018 0 0 35926 5346 0 3086 0 0 40400 3340 35200 3822 0 0 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: right">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.1in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Reflects the cumulative total shareholder return of a fixed investment of $100 made at the closing price of the Company’s common stock at December 31, 2022 for the measurement period beginning on such date and continuing through and including the end of the applicable fiscal year reflected in the table.</td></tr> </table> James Martin and Sam Lee have served as Co-Chief Executive Officers (principal executive officers or “PEOs”) of the Company since May 2021. The Company did not have any named executive officers who were not PEOs for the fiscal year ended December 31, 2025, so the columns titled “Average summary compensation table total for non-PEO named executive officers” and “Average compensation actually paid to non-PEO named executive office” from Item 402(v) or Regulation S-K are not applicable to the Company. as to all PEOs for 2023, (1) the addition of $75,886 representing the fair value as of December 31, 2023 of all awards granted during 2023 that were outstanding and unvested as of December 31, 2023; (2) the subtraction of $10,692 representing the change as of December 31, 2023 in fair value of awards granted in prior to 2023 that are outstanding and unvested as of December 31, 2023, (3) the addition of $0 representing the fair value as of the vesting date of awards that were granted and vested in the same year; (4) the addition of $6,532 representing the change as of the vesting date (from December 31, 2022) in fair value of awards granted prior to 2023 for which all applicable vesting conditions were satisfied at December 31, 2023; (5) the subtraction of $0 representing awards that failed to meet the applicable vesting conditions during 2023, representing the fair value at December 31, 2022; and (6) the addition of $0, representing the dollar value of any dividends or other earnings paid on stock or option awards in 2023 prior to the vesting date that are not otherwise included in the total compensation for 2023. as to all PEOs for 2024, (1) the addition of $80,800 representing the fair value as of December 31, 2024 of all awards granted during 2024 that were outstanding and unvested as of December 31, 2024; (2) the subtraction of $6,281 representing the change as of December 31, 2024 in fair value of awards granted in prior to 2023 that are outstanding and unvested as of December 31, 2024, (3) the addition of $70,400 representing the fair value as of the vesting date of awards that were granted and vested in the same year;(4) the addition of $7,840 representing the change as of the vesting date (from December 31, 2023) in fair value of awards granted prior to 2024 for which all applicable vesting conditions were satisfied at December 31, 2024; (5) the subtraction of $0 representing awards that failed to meet the applicable vesting conditions during 2024, representing the fair value at December 31, 2023; and (6) the addition of $0, representing the dollar value of any dividends or other earnings paid on stock or option awards in 2024 prior to the vesting date that are not otherwise included in the total compensation for 2024. Represents the “Summary Compensation Table Total” amounts reflected in the above table, with the following adjustments pursuant to Item 402(v)(2) of Regulation S-K: (i) the deduction of “Stock Awards” and “Option Awards” in the Summary Compensation Table for each fiscal year, and (ii) the following adjustments related to such categories: as to all PEOs for 2025, (1) the addition of $29,370 representing the fair value as of December 31, 2025 of all awards granted during 2025 that were outstanding and unvested as of December 31, 2025; (2) the subtraction of $3,858 representing the change as of December 31, 2025 in fair value of awards granted in prior to 2024 that are outstanding and unvested as of December 31, 2025, (3) the addition of $11,146 representing the fair value as of the vesting date of awards that were granted and vested in the same year; (4) the addition of $4,967 representing the change as of the vesting date (from December 31, 2024) in fair value of awards granted prior to 2025 for which all applicable vesting conditions were satisfied at December 31, 2025; (5) the subtraction of $0 representing awards that failed to meet the applicable vesting conditions during 2025, representing the fair value at December 31, 2024; and (6) the addition of $0, representing the dollar value of any dividends or other earnings paid on stock or option awards in 2024 prior to the vesting date that are not otherwise included in the total compensation for 2025. as to Mr. Martin for 2025, (1) the addition of $14,685 representing the fair value as of December 31, 2025 of all awards granted during 2025 that were outstanding and unvested as of December 31, 2025; (2) the subtraction of $1,931 representing the change as of December 31, 2025 in fair value of awards granted in prior to 2024 that are outstanding and unvested as of December 31, 2025, (3) the addition of $5,573 representing the fair value as of the vesting date of awards that were granted and vested in the same year; (4) the addition of $2,367 representing the change as of the vesting date (from December 31, 2024) in fair value of awards granted prior to 2025 for which all applicable vesting conditions were satisfied at December 31, 2025; (5) the subtraction of $0 representing awards that failed to meet the applicable vesting conditions during 2025, representing the fair value at December 31, 2024; and (6) the addition of $0, representing the dollar value of any dividends or other earnings paid on stock or option awards in 2024 prior to the vesting date that are not otherwise included in the total compensation for 2025. Reflects the cumulative total shareholder return of a fixed investment of $100 made at the closing price of the Company’s common stock at December 31, 2022 for the measurement period beginning on such date and continuing through and including the end of the applicable fiscal year reflected in the table. The Company has not compensated its PEOs based upon total shareholder return or its operating performance. As a drug discovery company that is developing product candidates and has not had revenue from product sales, our net losses including our net operating losses have not been a factor in determining compensation. Instead, we have focused on meeting our goals, which if achieved can lead to substantial returns for our shareholders. In order to meet these goals, we have to recruit and retain key executives with the skills in science and finance to provide the leadership our Company needs. as to Dr. Lee for 2023, (1) the addition of $35,926 representing the fair value as of December 31, 2023 of all awards granted during 2023 that were outstanding and unvested as of December 31, 2023; (2) the subtraction of $5,346 representing the change as of December 31, 2023 in fair value of awards granted in prior to 2023 that are outstanding and unvested as of December 31, 2023, (3) the addition of $0 representing the fair value as of the vesting date of awards that were granted and vested in the same year; (4) the addition of $3,086 representing the change as of the vesting date (from December 31, 2022) in fair value of awards granted prior to 2023 for which all applicable vesting conditions were satisfied at December 31, 2023; (5) the subtraction of $0 representing awards that failed to meet the applicable vesting conditions during 2023, representing the fair value at December 31, 2022; and (6) the addition of $0, representing the dollar value of any dividends or other earnings paid on stock or option awards in 2023 prior to the vesting date that are not otherwise included in the total compensation for 2023.