Insider Trading Arrangements

3 Months Ended

Mar. 31, 2024

shares

Insider Trading Arr Line Items

Material Terms of Trading Arrangement [Text Block]

Item 5.          Other Information

Lincoln Park

On December 13, 2022, we entered into a purchase agreement (the “Purchase Agreement”) and a registration rights agreement (the “Registration Rights Agreement”), with Lincoln Park Capital Fund, LLC (“Lincoln Park”), pursuant to which Lincoln Park has committed to purchase up to $10.0 million of the Company’s common stock, par value $0.00067 per share (the “Common Stock”), subject to certain limitations and the satisfaction of the conditions set forth in the Purchase Agreement. (See Item 9B titled “Other Information”, and the subheading “Lincoln Park”, for additional information.)

During the three months ended March 31, 2024, we sold 766,175 shares of our common stock to Lincoln Park, and received $260,000 in gross and net proceeds.

Rule 10b5-1 Arrangement Adopted [Flag]

false

Non-Rule 10b5-1 Arrangement Adopted [Flag]

false

Rule 10b5-1 Arrangement Terminated [Flag]

false

Non-Rule 10b5-1 Arrangement Terminated [Flag]

false

Trading Arrangement, Securities Aggregate Available Amount

766,175