Note 11 - Subsequent Events

​

On April 14, 2025, the Company, Parent and Merger Sub entered into the Merger Agreement Amendment. Pursuant to the Merger Agreement Amendment, the shareholder voting standard to approve the Merger was amended in response to recently enacted amendments to the Delaware General Corporation Law, as amended. Other than as expressly set forth in the Merger Agreement Amendment, the Merger Agreement remains unmodified and in full force and effect in accordance with its terms.

On April 14, 2025, the Company filed the definitive proxy statement relating to the Merger. The special meeting of Company stockholders to vote on the Merger and related matters will be held on May 28, 2025, at 10:00 a.m., Eastern Time, solely in virtual format.

​

In April 2025, the Company received approximately $9.2 million from the exercise of warrants for the issuance of 3,256,269 shares of common stock with an exercise price of $2.821 per share.