Issuance of Options

From July 1 to August 9, 2024, the Company issued 5,890 options at a weighted exercise price of $3.77 to consultants.

Issuance of Common Stock

On July 15, 2024, the Company issued 16,773 shares of Common Stock upon exercise of existing stock options.

At-The-Market Offering with H.C. Wainwright

On February 14, 2024, the Company entered into an ATM Agreement with Wainwright , to sell Shares having an aggregate sales price of up to $1,445,000, from time to time, through an at-the-market offering program under which Wainwright will act as sales agent. The sales, if any, of the Shares made under the ATM Agreement will be made by any method permitted by law deemed to be an “at-the-market offering” as defined in Rule 415 promulgated under the Securities Act. The Company will pay Wainwright a commission rate equal to 3.0% of the aggregate gross proceeds from each sale of Shares. Effective March 25, 2024, the Company filed a prospectus supplement to amend, supplement and supersede certain information contained in the earlier prospectus and prospectus supplement, which increased the number of Shares the Company may offer and sell under the ATM Agreement to an aggregate offering price of up to $4,950,000, from time to time. Effective May 15, 2024, the Company filed a prospectus supplement to amend, supplement and supersede certain information contained in the earlier prospectus and prospectus supplement, which increased the number of Shares the Company may offer and sell under the ATM Agreement to an aggregate offering price of up to $11,280,000 from time to time. As of June 30, 2024, the Company has sold 2,522,876 shares of Common Stock at an average price of approximately $3.12 per share, resulting in aggregate

gross proceeds of approximately $7,862,228, for which it paid Wainwright approximately $235,867 in commissions. Since July 1, 2024, the Company has sold 152,606 shares of its Common Stock at an average price of approximately $3.78 per share, resulting in aggregate gross proceeds of approximately $576,996, for which it paid Wainwright approximately $17,310 in commissions. The Company anticipates that the at-the-market offering will continue throughout the next reporting period.