Reverse Stock Split |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Reverse Stock Split | |
| Reverse Stock Split | Note 11. Reverse Stock Split
On January 28, 2026, the Board of Directors approved a reverse split of the Company’s issued and outstanding common stock at a ratio of not less than one-for-one hundred (1:100) and not greater than one-for-ten thousand (1:10,000). The Company’s stockholders approved the reverse stock split on January 28, 2026.
As of June 30, 2026, the reverse stock split has not become effective. The Company has not yet filed the Certificate of Amendment with the Secretary of State of the State of Delaware, and no effective date has been established. Accordingly, the accompanying consolidated financial statements do not reflect the effects of the proposed reverse stock split.
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