| (a) | The Reporting Persons beneficially own in the aggregate 15,438,237 shares of Common Stock, which represents approximately 11.7% of the Company's outstanding shares of Common Stock. Mr. Shiff also holds options to purchase an aggregate of 45,000 shares of Common Stock, all of which are or will be exercisable within 60 days of the filing of this Statement and all of which were granted to him as part of his director compensation. Such options include (i) options to purchase 25,000 shares of Common Stock at an exercise price of $12.00 per share, which were granted on December 31, 2021 and expire on December 31, 2026; (ii) options to purchase 5,000 shares of Common Stock at an exercise price of $12.34 per share, which were granted on March 11, 2022 and expire on March 11, 2027; (iii) options to purchase 5,000 shares of Common Stock at an exercise price of $3.28 per share, which were granted on April 5, 2023 and expire on April 5, 2028; (iv) options to purchase 5,000 shares of Common Stock at an exercise price of $1.09 per share, which were granted on April 4, 2024 and expire on April 4, 2029; and (v) options to purchase 5,000 shares of Common Stock at an exercise price of $1.26 per share, which were granted on March 27, 2025 and expire on March 27, 2030.
Each of SGI, SGA, and DZDLUX directly holds the number and percentage of shares of Common Stock disclosed as beneficially owned by it in the applicable table set forth on the cover page to this Statement. Mr. Shiff directly holds the number and percentage of shares of Common Stock disclosed as solely beneficially owned by him in the applicable table set forth on the cover page to this Statement.
Mr. Shiff, as President and Chief Executive Officer of SGI, may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by SGI. Mr. Shiff, as a controlling person of SGA and DZDLUX, may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by SGA and DZDLUX.
Each percentage ownership of Common Stock set forth in this Statement is based on 131,515,108 shares of Common Stock outstanding as of January 26, 2026. |
| (b) | Each of SGI, SGA, and DZDLUX beneficially owns, and has the shared power to direct the voting and disposition of, the shares of Common Stock disclosed as beneficially owned by it in the applicable table set forth on the cover page to this Statement. Mr. Shiff, as President and Chief Executive Officer of SGI and as a controlling person of SGA and DZDLUX, may be deemed to have the shared power to direct the voting and disposition of the shares of Common Stock held by SGI, SGA and DZDLUX.
Mr. Shiff has the sole power to direct the voting and disposition of the shares of Common Stock disclosed as solely beneficially owned by him in the applicable table set forth on the cover page to this Statement. |