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Subsequent Events
3 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

NOTE 12 – Subsequent Events

 

2017 Plan Evergreen Provision

 

Effective January 1, 2024, 1,051,556 shares were added to the 2017 Plan as a result of the evergreen provision. See Note 8 – Stock-Based Compensation.

 

At-The-Market Offering

 

On January 5, 2024, the Company increased the amount of common stock that can be sold pursuant to the Sales Agreement with JonesTrading, such that we are offering up to an aggregate of $9.3 million of common stock for sale under the Sales Agreement, including the shares of common stock previously sold. As a of result of the higher issuance threshold under the Sales Agreement, the Company sold an additional 1,080,314 shares of common stock for net proceeds in the amount of $1.5 million during January 2024.