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SHAREHOLDERS' EQUITY
6 Months Ended
Jun. 30, 2026
SHAREHOLDERS' EQUITY  
SHAREHOLDERS' EQUITY

NOTE 4 – SHAREHOLDERS’ EQUITY:

a.At-the-Market Program

During the three months ended June 30, 2026, the Company sold a total of 14,295 common shares under its At-the-Market Offering Agreement (the “ATM Program”) for aggregate total gross proceeds of approximately $0.2 million at an average selling price of $12.51 per share, resulting in net proceeds of approximately $0.2 million after deducting issuance costs.

During the six months ended June 30, 2026, the Company sold a total of 15,126 common shares under its ATM Program for aggregate gross proceeds of approximately $0.2 million at an average selling price of $12.33 per share, resulting in net proceeds of approximately $0.2 million after deducting issuance costs.

As of June 30, 2026, approximately $34.8 million of securities remain available for sale under the ATM Program.

b.Public Offering

During February 2025, the Company completed a public offering in which it sold 3,105,000 shares of common stock at $5.00 per share, receiving net proceeds of $14.0 million after deducting underwriting discounts and commissions of $1.1 million and other offering expenses of $0.4 million.