Annual report [Section 13 and 15(d), not S-K Item 405]

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 12 – SUBSEQUENT EVENTS

 

Subsequent to December 31, 2025, the Company has sold 962,500 shares of Common Stock in the ATM Offering at a weighted-average price of $2.60 per share, for net proceeds of $2,425, after deducting commissions to the sales agent and other ATM Offering related expenses of $75.

 

During the first quarter of 2026, the Company paid $206 towards its past due lease obligations reported as of December 31, 2025. The Company also made the $250 payment required under the Forbearance Agreement with Pinnacle Bank.