Quarterly report [Sections 13 or 15(d)]

Common Stock

v3.25.1
Common Stock
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Common Stock

5. Common Stock

 

On June 27, 2024, the Company, following approval of the Company’s stockholders at the 2024 Annual Meeting of Stockholders filed an amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware (the “Amendment”) to decrease the number of shares of authorized capital stock of the Company from 155,000,000 shares of capital stock, consisting of 150,000,000 shares of common stock and 5,000,000 shares of preferred stock, to 101,000,000 shares of capital stock consisting of 100,000,000 shares of common stock and 1,000,000 shares of preferred stock. The Amendment became effective on June 27, 2024.

 

As of March 31, 2025, the Company has authorized 100,000,000 shares of common stock, $0.001 par value per share. The Company had 10,174,000 and 10,174,000 shares issued and outstanding as of March 31, 2025, and December 31, 2024.

 

The holders of common stock are entitled to one vote for each share of common stock held.