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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events  
Subsequent Events

Note 9 – Subsequent Events

On November 6, 2023, we hired Matt Martin as our Chief Technology Officer. On the same day, we granted non-qualified stock options, in accordance with Nasdaq Listing Rule 5635(c)(4) and outside of the 2021 Plan, to purchase an

aggregate of 150 thousand shares of common stock with an exercise price of $0.91 per share as a material inducement to Mr.

Martin’s entering into employment with us. These options vest in three equal installments, with one third of the option

vesting on the grant date, and each remaining third of the options to vest on the first and second anniversaries of the

grant date, subject to continued employment with the Company. This event does not impact the nine months ended

September 30, 2023 consolidated financial statements, but will impact the year ended December 31, 2023 consolidated

financial statements.

On November 9, 2023, 116 thousand shares of common stock, valued at approximately $99 thousand, were issued for vested restricted stock units in connection with the resignation of a member of the Company’s board of directors on November 9, 2023.