0001607962 2025-01-01 2025-12-31 0001607962 lfwd:WilliamMarkGrantMember 2025-12-31 0001607962 lfwd:AlmogAdarMember 2025-12-31 0001607962 2023-09-13 2025-01-01 2025-12-31 0001607962 lfwd:PrincipalExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:PrincipalExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:PrincipalExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 2024-01-01 2024-12-31 0001607962 2023-01-01 2023-12-31 0001607962 lfwd:PEOTwoMember 2025-01-01 2025-12-31 0001607962 lfwd:PEOTwoMember 2024-01-01 2024-12-31 0001607962 lfwd:PEOTwoMember 2023-01-01 2023-12-31 0001607962 lfwd:InclusionOfEquityValuesMember lfwd:PrincipalExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:ExclusionOfStockAwardsMember lfwd:PrincipalExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:InclusionOfEquityValuesMember lfwd:PrincipalExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:ExclusionOfStockAwardsMember lfwd:PrincipalExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:InclusionOfEquityValuesMember lfwd:PrincipalExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 lfwd:ExclusionOfStockAwardsMember lfwd:PrincipalExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 lfwd:AverageInclusionOfEquityValuesMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:AverageExclusionOfStockAwardsAndOptionAwardsMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2025-01-01 2025-12-31 0001607962 lfwd:AverageInclusionOfEquityValuesMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:AverageExclusionOfStockAwardsAndOptionAwardsMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2024-01-01 2024-12-31 0001607962 lfwd:AverageInclusionOfEquityValuesMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 lfwd:AverageExclusionOfStockAwardsAndOptionAwardsMember lfwd:NonPrincipalExecutiveOfficerAndNonExecutiveOfficerMember 2023-01-01 2023-12-31 0001607962 lfwd:InclusionOfEquityValuesMember lfwd:PEOTwoMember 2025-01-01 2025-12-31 0001607962 lfwd:ExclusionOfStockAwardsMember lfwd:PEOTwoMember 2025-01-01 2025-12-31 0001607962 1 2025-01-01 2025-12-31 pure iso4217:USD iso4217:USD shares 0001607962 false PRE 14A Lifeward Ltd. true <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><i>Employee Benefits and Perquisites</i></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in">We currently maintain the Lifeward, Inc. 401(k) Plan, a defined contribution plan (the “401(k) Plan”), for the benefit of our employees, including our Named Executive Officers, who satisfy certain eligibility requirements. Our Named Executive Officers were eligible to participate in the 401(k) Plan on the same terms as our other full-time employees. We believe that providing a vehicle for retirement savings though our 401(k) Plan adds to the overall desirability of our executive compensation package and further incentivizes our employees, including our Named Executive Officers.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in">Currently, we do not view perquisites or other personal benefits as a significant component of our Previous Compensation Policy or Proposed Compensation Policy, as applicable.</p> </div> </div> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><strong><i>Equity Grant Timing</i></strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in">Our policies and practices regarding the granting of equity awards are carefully designed to ensure compliance with applicable securities laws and to maintain the integrity of our executive compensation program. The compensation committee of our Board of Directors is responsible for the timing and terms of equity awards to executives and other eligible employees.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:31.9pt"><span style="font-size:10pt;font-family:Times New Roman">The timing of equity award grants is determined with consideration to a variety of factors, including but not limited to, the achievement of pre-established performance goals and market conditions. We do not follow a predetermined schedule for the granting of equity awards. In determining the timing and terms of an equity award, the Board of Directors or the compensation committee may consider material nonpublic information to ensure that such grants are made in compliance with applicable laws and regulations. The Board’s or the compensation committee’s procedures to prevent the improper use of material nonpublic information in connection with the granting of equity awards include oversight by legal counsel and, where appropriate, delaying the grant of equity awards until the public disclosure of such material nonpublic information.</span></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:31.9pt"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:31.9pt">We are committed to maintaining transparency in our executive compensation practices and to making equity awards in a manner that is not influenced by the timing of the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. We regularly review our policies and practices related to equity awards to ensure they meet the evolving standards of corporate governance.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:31.9pt"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:31.9pt">On June 2, 2025, the compensation committee awarded a stock option grant to Mr. Grant, a Named Executive Officer for 2025, during the period beginning four business days before and ending one business day after the filing or furnishing of a Form 10-Q, Form 10-K or Form 8-K that discloses material nonpublic information (the “Designated Period”). In addition, on August 13, 2025, the compensation committee awarded a stock option grant to Mr. Adar, a Named Executive Officer for fiscal 2025, during the Designated Period. As required by Item 402(x) of Regulation S-K under the Exchange Act, we are providing the following information related to the stock option grants awarded to Messrs. Grant and Adar during the Designated Period occurring in the fiscal year ended December 31, 2025. All share and per share amounts presented in this note have been retroactively adjusted to reflect the Company’s 1-for-12 reverse share split effected on February 24, 2026.</p> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Arial, Helvetica, Sans-Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:left"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:left"><strong>Name</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Grant Date</strong> </p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Number of securities</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>underlying the award</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($/sh)</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exercise price of the award ($/Sh)</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Grant date fair value of the award ⁽¹⁾</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Percentage change in</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the closing market</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>price of the securities</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>underlying the award</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>between the trading</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>day ending</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>immediately prior to</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the disclosure of</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>material nonpublic</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>information and the</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>trading day beginning</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>immediately following</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the disclosure of</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>material nonpublic</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>information</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:16%;font-family:Times New Roman, Times, Serif;text-align:left">William Mark Grant</td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:16%;font-family:Times New Roman, Times, Serif;text-align:left">June 2, 2025</td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">33,333</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">14.70</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">403,491</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:13%;font-family:Times New Roman, Times, Serif;text-align:right">0.41</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left">%⁽²⁾</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="font-family:Times New Roman, Times, Serif;text-align:left">Almog Adar</td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left">August 13, 2025</td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">18,750</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">8.60</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">133,242</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">(11.6)</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left">%⁽³⁾</td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <div style="margin-top:3pt;margin-bottom:3pt;width:25%"> <div style="font-size:1pt;border-top:Black 1pt solid"> </div> </div> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(1)</td> <td style="text-align:justify">The grant date fair value of such award was calculated in accordance with FASB ASC Topic 718, disregarding estimated forfeitures related to service-based vesting. For a description of the assumptions used in determining these values, see Notes 2m and 8c to our consolidated financial statements included in our 2025 Annual Report.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(2)</td> <td style="text-align:justify">The closing price per share of our ordinary shares on June 2, 2025 (the trading date ending immediately prior to the filing of our Form 8-K on June 3, 2025) was $14.70, and the closing price per share of our ordinary shares on June 4, 2025 (the next trading date beginning immediately following the filing of our Form 8-K on June 3, 2025) was $14.76.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(3)</td> <td style="text-align:justify">The closing price per share of our ordinary shares on August 13, 2025 (the trading date ending immediately prior to the filing of our Form 10-Q on August 14, 2025) was $8.60, and the closing price per share of our ordinary shares on August 15, 2025 (the next trading date beginning immediately following the filing of our Form 10-Q on August 14, 2025) was $7.60.</td> </tr> </table> </div> </div> <span style="font-size:10pt;font-family:Times New Roman">The timing of equity award grants is determined with consideration to a variety of factors, including but not limited to, the achievement of pre-established performance goals and market conditions. We do not follow a predetermined schedule for the granting of equity awards. In determining the timing and terms of an equity award, the Board of Directors or the compensation committee may consider material nonpublic information to ensure that such grants are made in compliance with applicable laws and regulations. The Board’s or the compensation committee’s procedures to prevent the improper use of material nonpublic information in connection with the granting of equity awards include oversight by legal counsel and, where appropriate, delaying the grant of equity awards until the public disclosure of such material nonpublic information.</span> false true false <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Arial, Helvetica, Sans-Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:left"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:left"><strong>Name</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Grant Date</strong> </p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Number of securities</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>underlying the award</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($/sh)</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exercise price of the award ($/Sh)</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Grant date fair value of the award ⁽¹⁾</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-family:Times New Roman, Times, Serif;text-align:center"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Percentage change in</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the closing market</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>price of the securities</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>underlying the award</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>between the trading</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>day ending</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>immediately prior to</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the disclosure of</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>material nonpublic</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>information and the</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>trading day beginning</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>immediately following</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>the disclosure of</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>material nonpublic</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>information</strong></p> </td> <td style="padding-bottom:1pt;font-family:Times New Roman, Times, Serif"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:16%;font-family:Times New Roman, Times, Serif;text-align:left">William Mark Grant</td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:16%;font-family:Times New Roman, Times, Serif;text-align:left">June 2, 2025</td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">33,333</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">14.70</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:14%;font-family:Times New Roman, Times, Serif;text-align:right">403,491</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif"> </td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="width:13%;font-family:Times New Roman, Times, Serif;text-align:right">0.41</td> <td style="width:1%;font-family:Times New Roman, Times, Serif;text-align:left">%⁽²⁾</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="font-family:Times New Roman, Times, Serif;text-align:left">Almog Adar</td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left">August 13, 2025</td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">18,750</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">8.60</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">133,242</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:left"> </td> <td style="font-family:Times New Roman, Times, Serif;text-align:right">(11.6)</td> <td style="font-family:Times New Roman, Times, Serif;text-align:left">%⁽³⁾</td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <div style="margin-top:3pt;margin-bottom:3pt;width:25%"> <div style="font-size:1pt;border-top:Black 1pt solid"> </div> </div> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(1)</td> <td style="text-align:justify">The grant date fair value of such award was calculated in accordance with FASB ASC Topic 718, disregarding estimated forfeitures related to service-based vesting. For a description of the assumptions used in determining these values, see Notes 2m and 8c to our consolidated financial statements included in our 2025 Annual Report.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(2)</td> <td style="text-align:justify">The closing price per share of our ordinary shares on June 2, 2025 (the trading date ending immediately prior to the filing of our Form 8-K on June 3, 2025) was $14.70, and the closing price per share of our ordinary shares on June 4, 2025 (the next trading date beginning immediately following the filing of our Form 8-K on June 3, 2025) was $14.76.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(3)</td> <td style="text-align:justify">The closing price per share of our ordinary shares on August 13, 2025 (the trading date ending immediately prior to the filing of our Form 10-Q on August 14, 2025) was $8.60, and the closing price per share of our ordinary shares on August 15, 2025 (the next trading date beginning immediately following the filing of our Form 10-Q on August 14, 2025) was $7.60.</td> </tr> </table> </div> William Mark Grant 33333 14.7 403491 0.41 Almog Adar 18750 8.6 133242 -11.6 <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><strong>Outstanding Equity Awards at 2025 Fiscal Year-End</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in">The following table sets forth information concerning outstanding equity awards as of December 31, 2025, for each Named Executive Officer. This information reflects the number of ordinary shares of the Company after the 1-for-12 reverse share split of the ordinary shares effected by the Company on February 24, 2026.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.45in"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;border-collapse:separate;width:100%"> <tr style="vertical-align:bottom"> <td style="text-align:center;padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="14" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Option Awards</strong></td> <td style="padding-bottom:1pt;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="7" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Stock Awards</strong></td> </tr> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:left">Name</td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Grant Date ⁽¹⁾</td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Number of Securities Underlying Unexercised Options Exercisable (#)</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Number of Securities Underlying Unexercised Options Unexercisable (#)</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Option Exercise Price ($)</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Option Expiration Date</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Number of Shares or Units of Stock that Have Not Vested (#)</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center"><strong>Market Value of Shares or Units of Stock that Have Not Vested⁽²⁾ ($)</strong></td> <td style="padding-bottom:1pt;font-weight:bold;text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:12%;text-align:left">Mark Grant</td> <td style="width:1%"> </td> <td style="width:12%">6/2/2025 ⁽³⁾</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:10%;text-align:right">—</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:10%;text-align:right">33,333</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:10%;text-align:right">14.70</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:9%;text-align:right">6/2/2035</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:9%;text-align:right">—</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:9%;text-align:right">—</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left">Larry Jasinski</td> <td> </td> <td>6/27/2017 ⁽⁴⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">59</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">4,410.00</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">3/31/2026</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:left"></td> <td> </td> <td>5/3/2018 ⁽⁵⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">104</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">2,257.50</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">3/31/2026</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left"></td> <td> </td> <td>3/27/2019 ⁽⁶⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">147</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">450.66</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">3/31/2026</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:left">Almog Adar</td> <td> </td> <td>8/2/2022 ⁽⁷⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">297</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">2,055</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left"></td> <td> </td> <td>6/30/2023 ⁽⁸⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">744</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">5,148</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:left"></td> <td> </td> <td>8/13/2025 ⁽⁹⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">18,750</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">8.60</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">8/13/2035</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left">Jeannine Lynch</td> <td> </td> <td>8/2/2022 ⁽¹⁰⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">409</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">2,830</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:left"></td> <td> </td> <td>6/30/2023 ⁽¹¹⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">818</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">5,661</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:left"></td> <td> </td> <td>11/11/2025 ⁽¹²⁾</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">4,166</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">28,829</td> <td style="text-align:left"> </td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <div style="margin-top:3pt;margin-bottom:3pt;width:25%"> <div style="font-size:1pt;border-top:Black 1pt solid"> </div> </div> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(1)</td> <td style="text-align:justify">Awards granted prior to 2025 were granted under the Company’s 2014 Equity Incentive Plan, as amended from time to time, and awards granted in 2025 were granted under the 2025 Plan.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(2)</td> <td style="text-align:justify">The amount listed in this column represents the product of $6.92, which was the closing market price of the Company’s Ordinary Shares as of December 31, 2025, multiplied by the number of shares subject to the award.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(3)</td> <td style="text-align:justify">Option awards vest with respect to 1/4th of the original number of Ordinary Shares subject thereto on each annual anniversary of June 2, commencing on June 2, 2026 and ending on June 2, 2029.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:6pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(4)</td> <td style="text-align:justify">This award is fully vested.</td> </tr> </table> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:0pt"> <p style="margin:0pt"> </p> </div> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(5)</td> <td style="text-align:justify">This award is fully vested.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(6)</td> <td style="text-align:justify">This award is fully vested.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(7)</td> <td style="text-align:justify">1/4th of the RSU award vests on an annual basis commencing on August 2, 2023, and ending on August 2, 2026.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(8)</td> <td style="text-align:justify">1/4th of the RSU award vests on an annual basis commencing on June 30, 2025, and ending on June 30, 2027.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(9)</td> <td style="text-align:justify">Option awards vest with respect to 1/4th of the original number of Ordinary Shares subject thereto on each annual anniversary of August 13, commencing on August 13, 2026 and ending on August 13, 2029.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(10)</td> <td style="text-align:justify">1/4th of the RSU award vests on an annual basis commencing on August 2, 2023, and ending on August 2, 2026.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(11)</td> <td style="text-align:justify">1/4th of the RSU award vests on an annual basis commencing on June 30, 2025, and ending on June 30, 2027.</td> </tr> </table> <p style="margin-top:0pt;margin-bottom:0pt;font:10pt Times New Roman, Times, Serif"> </p> <table cellpadding="0" cellspacing="0" style="font:10pt Times New Roman, Times, Serif;margin-top:0pt;margin-bottom:0pt" width="100%"> <tr style="vertical-align:top"> <td style="width:0"></td> <td style="width:0.25in">(12)</td> <td style="text-align:justify">1/4th of the RSU award vests on an annual basis commencing on December 11, 2026, and ending on December 11, 2029.</td> </tr> </table> </div> </div> <div style="font-size:10pt;font-family:Times New Roman"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">On September 13, 2023, we adopted an amended and restated policy for recoupment of incentive compensation (the “Clawback Policy”) in compliance with the requirements of the Dodd-Frank Act, final SEC rules and applicable Nasdaq listing standards (the “final clawback rules”), which covers our current and former executive officers, including all of our named executive officers. Under the Clawback Policy, in the event that we are required to prepare a restatement of our previously issued financial statements due to our material noncompliance with any financial reporting requirement under securities laws, we are required to recover (subject to certain limited exceptions described in the Clawback Policy and permitted under the final clawback rules) any cash or equity incentive-based compensation received by any current or former executive officer after the effective date of the Clawback Policy and in the three years prior to the date we are required to restate our financial statements that is in excess of the amount that would have been received based on the restated financial statements.</p> </div> 2023-09-13 <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><strong>Pay Versus Performance Disclosure </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in">In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and Non-PEO named executive officers (“Non-PEO NEOs”) and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, please see the section entitled “Executive Compensation—Narrative Disclosure to the 2025 Summary Compensation Table—2025 Bonuses” and “—Equity Compensation.”</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Summary Compensation Table Total for First PEO¹<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Summary Compensation Table Total for Second PEO¹<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Compensation Actually Paid to First PEO^1,2,3<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Actually Paid to Second PEO^1,2,3<br/>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid"><span style="font-size:10pt"><strong>Average Summary Compensation Table Total for Non-PEO NEOs¹<br/>($)</strong></span></td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid"><span style="font-size:10pt"><strong>Average Compensation Actually Paid to Non-PEO NEOs^1,2,3<br/>($)</strong></span></td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid"><span style="font-size:10pt"><strong>Value of Initial Fixed $100 Investment based on TSR ($)⁴</strong></span></td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Net Loss<br/>($ Millions)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:11%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">798,201</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">834,866</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">755,034</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">620,781</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">437,858</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">393,145</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">10.84</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:8%;text-align:right">(19.9</td> <td style="width:1%;text-align:left">)</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">473,274</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">278,821</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">367,002</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">254,094</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">32.51</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(28.9</td> <td style="text-align:left">)</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">888,683</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">—</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">860,554</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">532,038</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">561,010</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">63.23</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(22.1</td> <td style="text-align:left">)</td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in"><span style="font-family:Times New Roman, Times, Serif;font-size:10pt"></span></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">1.  Larry Jasinski served as our PEO until June 30, 2025, serving as Chief Executive Officer through June 1, 2025 and as co-Chief Executive Officer from June 2, 2025 through June 30, 2025 (“First PEO”). Mark Grant has served as our PEO since June 2, 2025, serving as co-Chief Executive Officer through June 30, 2025 and as Chief Executive Officer since July 1, 2025 (“Second PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below.</p> <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;width:33%;font-weight:bold;text-align:center">2023</td> <td style="width:1%;font-weight:bold;padding-bottom:1pt"> </td> <td style="border-bottom:Black 1pt solid;width:33%;font-weight:bold;text-align:center">2024</td> <td style="width:1%;font-weight:bold;padding-bottom:1pt"> </td> <td style="border-bottom:Black 1pt solid;width:32%;font-weight:bold;text-align:center">2025</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center;padding-bottom:1pt">Mike Lawless</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Charles Remsberg</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Almog Adar</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> </tr> </table> </div> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">2.  <span style="font-size:10pt;font-family:Times New Roman">The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the PEOs or the Non-PEO NEOs. The dollar amounts reported are the amounts of total compensation reported for our PEOs and Non-PEO NEOs for each corresponding year in the “Total” column of the Summary Compensation Table, with certain adjustments as described in footnote 3 below.</span></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">3.  Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <div style="font-size:10pt;font-family:Times New Roman"> <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Summary </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for First PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exclusion of Stock </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Awards for First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Inclusion of Equity </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Values for First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Actually Paid</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">798,201</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(43,167</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">755,034</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">473,274</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(194,453</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">278,821</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">888,683</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(167,714</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">139,585</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">860,554</td> <td style="text-align:left"> </td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Summary </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exclusion of Stock </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Awards for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Inclusion of Equity </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Values for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"> </p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Actually Paid</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to Second PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">834,866</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(403,491</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">620,781</td> <td style="width:1%;text-align:left"> </td> </tr> </table> </div> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <div style="font-size:10pt;font-family:Times New Roman"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Summary</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for Non-PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Exclusion of </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Stock Awards and </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Option Awards for </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Non-PEO NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Inclusion<br/>of Equity Values </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>for Non-PEO </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong> </p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>  Actually Paid </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to Non-PEO </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">437,858</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(84,309</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">39,595</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">393,145</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">367,002</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(112,908</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">254,094</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">532,038</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(90,750</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">119,722</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">561,010</td> <td style="text-align:left"> </td> </tr> </table> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0">(a) The amounts reported in this column represent the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">(b) The amounts reported in this column include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Inclusion of<br/>Equity Values for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">(24,714</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(18,453</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(43,167</td> <td style="width:1%;text-align:left">)</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(152,530</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(41,923</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(194,453</td> <td style="text-align:left">)</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">155,540</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">5,280</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(21,235</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">139,585</td> <td style="text-align:left"> </td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Inclusion of<br/>Equity Values for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> </tr> </table> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Average Inclusion of<br/>Equity Values for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">67,457</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">(15,705</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(12,157</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">39,595</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(93,675</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(19,233</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(112,908</td> <td style="text-align:left">)</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">117,627</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">2,942</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(847</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">119,722</td> <td style="text-align:left"> </td> </tr> </table> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">4.  <span style="font-size:10pt;font-family:Times New Roman">Assumes $100 was invested in the Company at market close on December 30, 2022 (the last trading day before the beginning of fiscal year 2023) through the end of the listed year. Historical stock performance is not necessarily indicative of future stock performance.</span></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><i>Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)</i></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in">The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the three most recently completed fiscal years.</p> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><img alt="image_004.jpg" src="image_004.jpg" style="width:600px;height:514px"/></p> </div> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"> </p> <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"><i>Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Net Income</i></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in">The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the three most recently completed fiscal years.</p> <div></div> <p style="margin:0pt"> </p> <div style="break-before:page;margin-top:6pt;margin-bottom:0pt"> <p style="margin:0pt;text-align:center"><img alt="image_005.jpg" src="image_005.jpg" style="width:615px;height:485px"/></p> </div> </div> </div> Net Loss 798201 834866 755034 620781 437858 393145 10.84 -19900000 473274 0 278821 0 367002 254094 32.51 -28900000 888683 0 860554 532038 561010 63.23 -22100000 Larry Jasinski <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;width:33%;font-weight:bold;text-align:center">2023</td> <td style="width:1%;font-weight:bold;padding-bottom:1pt"> </td> <td style="border-bottom:Black 1pt solid;width:33%;font-weight:bold;text-align:center">2024</td> <td style="width:1%;font-weight:bold;padding-bottom:1pt"> </td> <td style="border-bottom:Black 1pt solid;width:32%;font-weight:bold;text-align:center">2025</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center;padding-bottom:1pt">Mike Lawless</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Charles Remsberg</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Almog Adar</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> <td style="padding-bottom:1pt"> </td> <td style="text-align:center;padding-bottom:1pt">Jeannine Lynch</td> </tr> </table> </div> </div> <span style="font-size:10pt;font-family:Times New Roman">The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the PEOs or the Non-PEO NEOs. The dollar amounts reported are the amounts of total compensation reported for our PEOs and Non-PEO NEOs for each corresponding year in the “Total” column of the Summary Compensation Table, with certain adjustments as described in footnote 3 below.</span> <div style="font-size:10pt;font-family:Times New Roman"> <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Summary </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for First PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exclusion of Stock </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Awards for First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Inclusion of Equity </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Values for First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Actually Paid</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to First PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">798,201</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(43,167</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">755,034</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">473,274</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(194,453</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">278,821</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">888,683</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(167,714</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">139,585</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">860,554</td> <td style="text-align:left"> </td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Summary </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Exclusion of Stock </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Awards for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Inclusion of Equity </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Values for Second PEO</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"> </p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Actually Paid</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to Second PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">834,866</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(403,491</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">620,781</td> <td style="width:1%;text-align:left"> </td> </tr> </table> </div> </div> 798201 0 -43167 755034 473274 0 -194453 278821 888683 -167714 139585 860554 834866 -403491 189406 620781 <div style="font-size:10pt;font-family:Times New Roman"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Summary</strong> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation Table </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Total for Non-PEO</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Exclusion of </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Stock Awards and </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Option Awards for </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Non-PEO NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(a)</strong></p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average Inclusion<br/>of Equity Values </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>for Non-PEO </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)(b)</strong> </p> </td> <td style="padding-bottom:1pt"> </td> <td style="padding-bottom:1pt"> </td> <td colspan="2" style="text-align:center;border-bottom:Black 1pt solid"> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Average </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>Compensation</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>  Actually Paid </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>to Non-PEO </strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>NEOs</strong></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><strong>($)</strong></p> </td> <td style="padding-bottom:1pt"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:19%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">437,858</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">(84,309</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">39,595</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:17%;text-align:right">393,145</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">367,002</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(112,908</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">254,094</td> <td style="text-align:left"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">532,038</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(90,750</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">119,722</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">561,010</td> <td style="text-align:left"> </td> </tr> </table> </div> 437858 -84309 39595 393145 367002 0 -112908 254094 532038 -90750 119722 561010 <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify">(b) The amounts reported in this column include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:</p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Inclusion of<br/>Equity Values for First PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">(24,714</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(18,453</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(43,167</td> <td style="width:1%;text-align:left">)</td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(152,530</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(41,923</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(194,453</td> <td style="text-align:left">)</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">155,540</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">5,280</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(21,235</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">139,585</td> <td style="text-align:left"> </td> </tr> </table> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Inclusion of<br/>Equity Values for Second PEO<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">189,406</td> <td style="width:1%;text-align:left"> </td> </tr> </table> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100%;font:10pt Times New Roman, Times, Serif"> <tr style="vertical-align:bottom"> <td style="border-bottom:Black 1pt solid;font-weight:bold;text-align:center">Year</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> <td style="font-weight:bold;padding-bottom:1pt"> </td> <td colspan="2" style="font-weight:bold;text-align:center;border-bottom:Black 1pt solid">Total - Average Inclusion of<br/>Equity Values for Non-PEO NEOs<br/>($)</td> <td style="padding-bottom:1pt;font-weight:bold"> </td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="width:13%;text-align:center">2025</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">67,457</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:12%;text-align:right">(15,705</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">(12,157</td> <td style="width:1%;text-align:left">)</td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">0</td> <td style="width:1%;text-align:left"> </td> <td style="width:1%"> </td> <td style="width:1%;text-align:left"> </td> <td style="width:11%;text-align:right">39,595</td> <td style="width:1%;text-align:left"> </td> </tr> <tr style="vertical-align:bottom"> <td style="text-align:center">2024</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">0</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(93,675</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(19,233</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(112,908</td> <td style="text-align:left">)</td> </tr> <tr style="vertical-align:bottom;background-color:rgb(204,238,255)"> <td style="text-align:center">2023</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">117,627</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">2,942</td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">(847</td> <td style="text-align:left">)</td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right"> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;margin-top:0pt;margin-bottom:0pt">—</p> </td> <td style="text-align:left"> </td> <td> </td> <td style="text-align:left"> </td> <td style="text-align:right">119,722</td> <td style="text-align:left"> </td> </tr> </table> </div> <span style="font-size:10pt;font-family:Times New Roman">Assumes $100 was invested in the Company at market close on December 30, 2022 (the last trading day before the beginning of fiscal year 2023) through the end of the listed year. Historical stock performance is not necessarily indicative of future stock performance.</span> <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"><i>Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)</i></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in">The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the three most recently completed fiscal years.</p> <div></div> <div style="break-before:page;margin-top:6pt;margin-bottom:6pt"> <p style="margin:0pt"> </p> </div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:center"><img alt="image_004.jpg" src="image_004.jpg" style="width:600px;height:514px"/></p> </div> </div> <div style="font-size:10pt;font-family:Times New Roman"> <div> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"><i>Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Net Income</i></p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify"> </p> <p style="font:10pt Times New Roman, Times, Serif;margin:0pt 0;text-align:justify;text-indent:0.5in">The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the three most recently completed fiscal years.</p> <div></div> <p style="margin:0pt"> </p> <div style="break-before:page;margin-top:6pt;margin-bottom:0pt"> <p style="margin:0pt;text-align:center"><img alt="image_005.jpg" src="image_005.jpg" style="width:615px;height:485px"/></p> </div> </div> </div> The grant date fair value of such award was calculated in accordance with FASB ASC Topic 718, disregarding estimated forfeitures related to service-based vesting. For a description of the assumptions used in determining these values, see Notes 2m and 8c to our consolidated financial statements included in our 2025 Annual Report. The closing price per share of our ordinary shares on June 2, 2025 (the trading date ending immediately prior to the filing of our Form 8-K on June 3, 2025) was $14.70, and the closing price per share of our ordinary shares on June 4, 2025 (the next trading date beginning immediately following the filing of our Form 8-K on June 3, 2025) was $14.76. The closing price per share of our ordinary shares on August 13, 2025 (the trading date ending immediately prior to the filing of our Form 10-Q on August 14, 2025) was $8.60, and the closing price per share of our ordinary shares on August 15, 2025 (the next trading date beginning immediately following the filing of our Form 10-Q on August 14, 2025) was $7.60. Larry Jasinski served as our PEO until June 30, 2025, serving as Chief Executive Officer through June 1, 2025 and as co-Chief Executive Officer from June 2, 2025 through June 30, 2025 (“First PEO”). Mark Grant has served as our PEO since June 2, 2025, serving as co-Chief Executive Officer through June 30, 2025 and as Chief Executive Officer since July 1, 2025 (“Second PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below. The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the PEOs or the Non-PEO NEOs. The dollar amounts reported are the amounts of total compensation reported for our PEOs and Non-PEO NEOs for each corresponding year in the “Total” column of the Summary Compensation Table, with certain adjustments as described in footnote 3 below. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Assumes $100 was invested in the Company at market close on December 30, 2022 (the last trading day before the beginning of fiscal year 2023) through the end of the listed year. Historical stock performance is not necessarily indicative of future stock performance. Larry Jasinski was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below. The amounts reported in this column include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts reported in this column represent the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.