EQUITY TRANSACTIONS IN THE THREE MONTHS ENDED JUNE 30, 2026 |
3 Months Ended |
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Jun. 30, 2026 | |
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| EQUITY TRANSACTIONS IN THE THREE MONTHS ENDED JUNE 30, 2026 | 5. EQUITY TRANSACTIONS IN THE THREE MONTHS ENDED JUNE 30, 2026
At-the-Market Sales
During the three months ended June 30, 2026, the Company sold shares of its common stock pursuant to its at-the-market (“ATM”) offering program, generating gross proceeds of approximately $1,904,000. After deducting offering costs of approximately $83,000, net proceeds were approximately $1,821,000. The net proceeds were used for working capital and other general corporate purposes.
Restricted Stock Unit Settlements
During the three months ended June 30, 2026, the Company settled 4,363 vested restricted stock units, resulting in the issuance of 3,272 shares of common stock. The remaining 1,091 shares were withheld to satisfy applicable tax withholding obligations.
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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