IRIX · IRIDEX CORP

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

Cap structure and valuation

Cap structure
SP	$0.91
SO	17.6M
Options	1.9M
Warrants	0.0M
FD SO	19.4M
MC	$17.8M

Cash	$4.7M
Total debt	$3.8M
EV	$16.9M

TTM Multiples
EV / Revenue	0.3x
EV / EBITDA	—
MC / Net Income	—
EV / FCF	—
MC / FCF	—

Ownership & coverage
Institutional	19.5%
Insiders	36.7%
# Institutions	33
Analysts	1
Consensus	—
Avg target	$2.75

Short % float	1.4%
Days to cover	1.46

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-08-13. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-10-08 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-15; the float denominator can be unreliable on tiny floats.

Financial statements

	7/4/26	4/4/26	1/3/26	9/27/25
Total Revenue	12.57	11.80	14.72	12.48
Revenue YoY %	(7.4%)	(0.8%)	16.0%	7.8%
Cost of Revenue	8.27	7.06	9.25	8.47
Gross Profit	4.30	4.74	5.48	4.01
Gross Profit YoY %	(8.2%)	(6.2%)	(2.0%)	(7.2%)
Gross Margin %	34.2%	40.2%	37.2%	32.1%

SG&A	4.39	4.16	4.54	4.45
R&D	0.94	0.91	0.95	0.97
Operating Expense	5.33	5.07	5.49	5.42

Operating Income	(1.03)	(0.32)	(0.01)	(1.41)
Operating Income YoY %	(9.5%)	(58.0%)	97.0%	24.5%
Operating Margin %	(8.2%)	(2.7%)	(0.1%)	(11.3%)
EBITDA	(0.94)	(0.22)	0.14	(1.30)
EBITDA Margin %	(7.5%)	(1.9%)	0.9%	(10.4%)

Pretax Income	(1.20)	(0.47)	(0.16)	(1.57)
Tax Provision	0.07	0.06	0.02	0.00
Net Income	(1.27)	(0.52)	(0.18)	(1.57)
Net Margin %	(10.1%)	(4.4%)	(1.2%)	(12.6%)

Diluted EPS	-$0.07	-$0.03	-$0.01	-$0.09
Basic EPS	-$0.07	-$0.03	-$0.01	-$0.09
Diluted Avg Shares	17.4	17.3	—	17.0
Basic Avg Shares	17.4	17.3	—	17.0

	LTM	1/3/26	12/28/24	12/30/23	12/31/22
Total Revenue	51.57	52.67	48.67	51.87	56.97
Revenue YoY %	(2.1%)	8.2%	(6.2%)	(9.0%)	—
Cost of Revenue	33.05	33.45	29.17	30.06	31.60
Gross Profit	18.53	19.23	19.50	21.81	25.37
Gross Profit YoY %	(3.6%)	(1.4%)	(10.6%)	(14.0%)	—
Gross Margin %	35.9%	36.5%	40.1%	42.0%	44.5%

SG&A	17.54	18.13	22.36	24.98	25.73
R&D	3.76	3.67	5.45	6.83	7.17
Operating Expense	21.31	21.80	27.80	31.81	32.91

Operating Income	(2.78)	(2.57)	(8.30)	(10.01)	(7.54)
Operating Income YoY %	(8.1%)	69.0%	17.0%	(32.7%)	—
Operating Margin %	(5.4%)	(4.9%)	(17.1%)	(19.3%)	(13.2%)
EBITDA	(2.33)	(2.05)	(7.72)	(8.91)	(7.06)
EBITDA Margin %	(4.5%)	(3.9%)	(15.9%)	(17.2%)	(12.4%)

Interest Expense	—	0.06	0.15	—	—
Other Income / (Expense)	(0.62)	(1.75)	—	0.53	—
Pretax Income	(3.40)	(4.38)	(8.84)	(9.48)	(7.48)
Tax Provision	0.15	0.06	0.07	0.09	0.07
Net Income	(3.55)	(4.44)	(8.91)	(9.57)	(7.55)
Net Margin %	(6.9%)	(8.4%)	(18.3%)	(18.5%)	(13.2%)

Diluted EPS	-$0.20	-$0.26	-$0.54	-$0.59	-$0.47
Basic EPS	-$0.20	-$0.26	-$0.54	-$0.59	-$0.47
Diluted Avg Shares	17.4	16.9	16.4	16.1	15.9
Basic Avg Shares	17.4	16.9	16.4	16.1	15.9

	7/4/26	4/4/26	1/3/26	9/27/25
Cash & Equivalents	4.68	4.59	6.03	5.57
Receivables	5.67	6.84	7.61	7.13
Inventory	9.75	9.32	7.88	7.30
Other Current Assets	3.85	3.82	3.73	4.06
Total Current Assets	23.96	24.58	25.25	24.07

Net PPE	0.18	0.14	0.06	0.02
Operating Lease ROU	0.22	0.50	0.77	1.04
Goodwill	0.96	0.96	0.96	0.96
Intangible Assets	0.82	0.90	0.98	1.06
Other Assets	1.11	1.19	1.12	1.20
Total Assets	27.26	28.27	29.15	28.35

Accounts Payable	6.65	5.75	5.38	4.41
Current Lease Liabilities	0.14	0.42	0.70	1.03
Other Current Liabilities	6.38	6.65	7.12	6.96
Total Current Liabilities	13.17	12.83	13.21	12.39
Long-term Lease Liabilities	0.08	0.09	0.10	0.05
Other Liabilities	10.37	10.63	10.92	11.23
Total Liabilities	23.62	23.54	24.23	23.67

Retained Earnings	(94.24)	(92.97)	(92.45)	(92.26)
Total Equity	3.64	4.73	4.92	4.68

	LTM	1/3/26	12/28/24	12/30/23	12/31/22
Cash & Equivalents	4.68	6.03	2.39	7.03	13.92
Receivables	5.67	7.61	5.95	6.73	6.23
Inventory	9.75	7.88	10.82	9.91	10.61
Other Current Assets	3.85	3.73	4.41	3.78	5.01
Total Current Assets	23.96	25.25	23.56	27.45	35.77

Net PPE	0.18	0.06	0.12	0.35	0.46
Operating Lease ROU	0.22	0.77	1.79	2.63	1.67
Goodwill	0.96	0.96	0.96	0.96	0.96
Intangible Assets	0.82	0.98	1.31	1.64	1.98
Other Assets	1.11	1.12	1.39	1.40	1.46
Total Assets	27.26	29.15	29.14	34.44	42.29

Accounts Payable	6.65	5.38	6.99	4.50	3.86
Current Lease Liabilities	0.14	0.70	1.09	0.99	1.04
Other Current Liabilities	6.38	7.12	8.48	7.48	7.56
Total Current Liabilities	13.17	13.21	16.56	12.97	12.45
Long-term Debt	—	—	1.00	—	—
Long-term Lease Liabilities	0.08	0.10	0.81	1.75	0.73
Other Liabilities	10.37	10.92	8.67	10.19	11.87
Total Liabilities	23.62	24.23	27.04	24.91	25.06

Retained Earnings	(94.24)	(92.45)	(88.01)	(79.04)	(69.72)
Total Equity	3.64	4.92	2.10	9.52	17.23

	7/4/26	4/4/26	1/3/26	9/27/25
Net Income	(1.27)	(0.52)	(0.18)	(1.57)
D&A	0.09	0.10	0.15	0.11
Stock-Based Comp	0.21	0.21	0.21	0.09
Δ Working Cap & Other	1.14	(1.12)	0.41	0.21
Operating Cash Flow	0.17	(1.33)	0.59	(1.16)

CapEx	(0.05)	(0.10)	(0.11)	(0.01)
Investing Cash Flow	(0.05)	(0.10)	(0.11)	(0.01)

Financing Cash Flow	(0.04)	(0.00)	(0.03)	(0.03)

Free Cash Flow	0.12	(1.44)	0.48	(1.17)

	LTM	1/3/26	12/28/24	12/30/23	12/31/22
Net Income	(3.55)	(4.44)	(8.91)	(9.57)	(7.55)
D&A	0.45	0.52	0.58	1.10	0.48
Stock-Based Comp	0.73	0.78	1.24	1.65	1.62
Δ Working Cap & Other	0.64	1.02	(0.20)	0.08	(4.08)
Operating Cash Flow	(1.73)	(2.12)	(7.29)	(6.75)	(9.52)

CapEx	(0.27)	(0.14)	(0.01)	(0.11)	(0.29)
Acquisitions	—	—	—	—	0.00
Investing Cash Flow	(0.27)	(0.14)	(0.01)	(0.11)	(0.29)

Stock Issuance	—	—	—	—	0.00
Other Financing	—	5.96	2.60	—	—
Financing Cash Flow	(0.10)	5.96	2.60	(0.01)	(0.07)

Free Cash Flow	(2.00)	(2.26)	(7.30)	(6.85)	(9.80)

	7/4/26	4/4/26	1/3/26	9/27/25
Current Ratio	1.82	1.92	1.91	1.94
Quick Ratio	1.08	1.19	1.32	1.35
Debt / Equity	—	—	—	—
EBITDA Margin %	(7.5%)	(1.9%)	0.9%	(10.4%)
Working Capital	10.79	11.76	12.04	11.67
Net Debt	—	—	—	—
ROE %	(34.8%)	(11.1%)	(3.7%)	(33.6%)
ROA %	(4.6%)	(1.9%)	(0.6%)	(5.5%)

	LTM	1/3/26	12/28/24	12/30/23	12/31/22
Current Ratio	1.82	1.91	1.42	2.12	2.87
Quick Ratio	1.08	1.32	0.77	1.35	2.02
Debt / Equity	—	—	0.48	—	—
EBITDA Margin %	(4.5%)	(3.9%)	(15.9%)	(17.2%)	(12.4%)
Working Capital	10.79	12.04	7.00	14.48	23.31
Net Debt	—	—	(1.39)	—	—
ROE %	(97.5%)	(90.1%)	(424.9%)	(100.5%)	(43.8%)
ROA %	(13.0%)	(15.2%)	(30.6%)	(27.8%)	(17.8%)

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-30	P	7,371	$0.99	$7,297
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-24	P	4,549	$1.33	$6,050
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-23	P	17,526	$1.33	$23,310
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-17	P	22,805	$1.31	$29,872
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-16	P	1,682	$1.30	$2,187
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-12	P	967	$1.32	$1,276
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-03	P	752	$1.42	$1,068
2026-10-07	Lin Shih-Yao David	10% Owner	2026-03-02	P	1,424	$1.40	$1,994
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-23	P	14,943	$1.41	$21,070
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-12	P	100	$1.38	$138
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-11	P	15,703	$1.43	$22,455
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-09	P	129	$1.46	$188
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-05	P	40,535	$1.45	$58,755
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-04	P	19,324	$1.41	$27,247
2026-10-07	Lin Shih-Yao David	10% Owner	2026-02-02	P	637	$1.49	$949
2026-10-07	Lin Shih-Yao David	10% Owner	2026-01-30	P	4,050	$1.48	$5,994
2026-10-07	Lin Shih-Yao David	10% Owner	2026-01-27	P	33,013	$1.48	$49,014
2026-10-07	Lin Shih-Yao David	10% Owner	2026-01-23	P	30,000	$1.48	$44,394
2026-10-07	Lin Shih-Yao David	10% Owner	2026-01-08	P	20,000	$1.20	$24,000
2026-10-07	Lin Shih-Yao David	10% Owner	2026-01-07	P	1,330	$1.19	$1,583
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-30	P	7,009	$1.15	$8,060
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-22	P	4,031	$1.00	$4,031
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-19	P	14,202	$0.97	$13,776
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-16	P	7,675	$0.99	$7,598
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-15	P	11,404	$0.94	$10,720
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-12	P	20,000	$0.97	$19,400
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-10	P	18,892	$0.94	$17,664
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-09	P	20,000	$0.94	$18,800
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-05	P	10,260	$0.94	$9,644
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-03	P	244	$0.93	$227
2026-10-07	Lin Shih-Yao David	10% Owner	2025-12-01	P	20,000	$0.96	$19,200
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-28	P	3,885	$0.96	$3,730
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-26	P	3,033	$0.93	$2,821
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-25	P	69	$0.91	$63
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-20	P	925	$0.94	$870
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-14	P	24,626	$0.88	$21,624
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-12	P	20,000	$1.04	$20,800
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-07	P	115	$1.04	$120
2026-10-07	Lin Shih-Yao David	10% Owner	2025-11-06	P	1,496	$1.04	$1,556
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-27	P	10,000	$1.09	$10,900
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-22	P	6,120	$1.06	$6,487
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-21	P	10,000	$1.08	$10,800
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-20	P	422	$1.04	$439
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-16	P	10,000	$1.05	$10,500
2026-10-07	Lin Shih-Yao David	10% Owner	2025-10-14	P	100	$1.05	$105
2026-10-07	Lin Shih-Yao David	10% Owner	2025-07-29	P	20,000	$1.52	$30,400
2026-10-07	Lin Shih-Yao David	10% Owner	2025-07-18	P	20,000	$1.28	$25,564
2026-10-07	Lin Shih-Yao David	10% Owner	2025-07-11	P	7,302	$1.00	$7,302
2026-10-07	Lin Shih-Yao David	10% Owner	2025-07-09	P	2,139	$0.97	$2,086
2026-10-07	Lin Shih-Yao David	10% Owner	2025-07-01	P	100	$0.88	$88
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-30	P	253	$0.88	$223
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-27	P	50,000	$0.89	$44,370
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-23	P	1,192	$0.95	$1,132
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-18	P	3,744	$0.97	$3,646
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-17	P	101	$0.96	$97
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-16	P	14,712	$0.94	$13,831
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-13	P	1,582	$0.94	$1,487
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-12	P	236	$0.94	$222
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-09	P	15,755	$0.99	$15,534
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-06	P	18,161	$0.97	$17,616
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-05	P	50,000	$0.99	$49,330
2026-10-07	Lin Shih-Yao David	10% Owner	2025-06-02	P	40,114	$1.00	$40,114
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-29	P	3,719	$0.97	$3,600
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-28	P	23,526	$0.94	$22,114
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-23	P	80,000	$1.00	$79,984
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-21	P	3,802	$1.02	$3,878
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-20	P	20,000	$1.05	$20,998
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-19	P	7,562	$1.01	$7,638
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-16	P	3,176	$1.00	$3,176
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-15	P	39,937	$1.00	$39,937
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-14	P	50,000	$1.10	$55,000
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-12	P	50,000	$1.16	$57,975
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-09	P	851	$1.15	$979
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-08	P	20,000	$1.15	$23,000
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-07	P	26,581	$1.16	$30,815
2026-10-07	Lin Shih-Yao David	10% Owner	2025-05-06	P	11,773	$1.15	$13,539
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-30	P	4,032	$1.18	$4,758
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-28	P	6,253	$1.22	$7,629
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-24	P	50,000	$1.20	$60,000
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-22	P	1,231	$1.02	$1,256
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-21	P	7,230	$1.02	$7,375
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-17	P	20,000	$1.02	$20,400
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-15	P	879	$0.97	$853
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-10	P	789	$0.93	$730
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-09	P	6,226	$0.87	$5,417
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-08	P	2,995	$0.85	$2,546
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-07	P	10,674	$0.84	$8,961
2026-10-07	Lin Shih-Yao David	10% Owner	2025-04-04	P	15,000	$0.89	$13,348
2026-10-07	Lin Shih-Yao David	10% Owner	2025-03-26	P	8,834	$0.89	$7,882
2026-10-07	Lin Shih-Yao David	10% Owner	2025-03-25	P	5,000	$0.93	$4,673
2026-10-05	Mercer Patrick	Director, Officer (President and CEO)	2026-10-01	F	(23,917)	$0.63	-$15,116
2026-09-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-09-16	P	7,900	$0.63	$4,977
2026-09-14	Dizon Romeo R	Officer (Chief Financial Officer)	2026-09-14	P	2,354	$0.65	$1,530
2026-09-10	Dizon Romeo R	Officer (Chief Financial Officer)	2026-09-10	P	5,100	$0.68	$3,468
2026-08-24	Dizon Romeo R	Officer (Chief Financial Officer)	2026-08-24	P	1,300	$0.75	$973
2026-08-24	Dizon Romeo R	Officer (Chief Financial Officer)	2026-08-24	P	5,368	$0.75	$4,025
2026-07-14	Mercer Patrick	Director, Officer (President and CEO)	2026-07-10	A	100,000	—	$0
2026-07-14	Mercer Patrick	Director, Officer (President and CEO)	2026-07-10	A	200,000	—	$0
2026-07-14	Mercer Patrick	Director, Officer (President and CEO)	2026-07-10	A	100,000	—	$0
2026-07-14	Dizon Romeo R	Officer (Chief Financial Officer)	2026-07-10	A	30,000	—	$0
2026-07-14	Dizon Romeo R	Officer (Chief Financial Officer)	2026-07-10	A	170,000	—	$0
2026-07-08	Novel Inspiration International Co., Ltd.	10% Owner	2026-07-07	J	111,997	—	$0
2026-06-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-13	F	(2,691)	$1.12	-$3,014
2026-06-16	Mercer Patrick	Officer (President and CEO)	2026-06-13	F	(3,990)	$1.12	-$4,469
2026-06-15	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-12	P	975	$1.14	$1,110
2026-06-12	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-11	P	1,675	$1.14	$1,909
2026-06-09	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-08	P	2,400	$1.12	$2,688
2026-06-08	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-05	P	2,521	$1.15	$2,899
2026-06-03	Dizon Romeo R	Officer (Chief Financial Officer)	2026-06-03	P	2,400	$1.17	$2,808
2026-05-26	Mercer Patrick	Officer (President and CEO)	2026-05-26	F	(19,233)	$1.01	-$19,425
2026-05-26	Dizon Romeo R	Officer (Chief Financial Officer)	2026-05-26	P	5,004	$1.00	$5,004
2026-04-03	Novel Inspiration International Co., Ltd.	10% Owner	2026-04-01	J	87,949	—	$0
2026-03-09	Dizon Romeo R	Officer (Chief Financial Officer)	2026-03-06	P	1,110	$1.26	$1,399
2026-02-17	Dizon Romeo R	Officer (Chief Financial Officer)	2026-02-17	P	1,000	$1.37	$1,370
2026-02-17	Dizon Romeo R	Officer (Chief Financial Officer)	2026-02-17	P	1,200	$1.31	$1,572
2026-02-12	Dizon Romeo R	Officer (Chief Financial Officer)	2026-02-12	P	1,500	$1.43	$2,145
2026-02-10	Dizon Romeo R	Officer (Chief Financial Officer)	2026-02-10	P	1,000	$1.46	$1,460
2026-02-03	Dizon Romeo R	Officer (Chief Financial Officer)	2026-02-03	P	2,500	$1.38	$3,450
2026-01-29	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-29	P	1,101	$1.44	$1,588
2026-01-28	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-28	P	1,300	$1.46	$1,898
2026-01-27	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-27	P	3,385	$1.48	$5,009
2026-01-26	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-26	P	1,243	$1.52	$1,889
2026-01-23	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-23	P	5,221	$1.48	$7,716
2026-01-21	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-21	P	409	$1.53	$626
2026-01-21	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-21	P	1,750	$1.49	$2,608
2026-01-21	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-20	P	2,100	$1.50	$3,147
2026-01-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-16	P	227	$1.38	$313
2026-01-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-16	P	1,174	$1.41	$1,655
2026-01-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-16	P	2	$1.43	$3
2026-01-16	Dizon Romeo R	Officer (Chief Financial Officer)	2026-01-16	P	2,093	$1.45	$3,035
2026-01-08	Novel Inspiration International Co., Ltd.	10% Owner	2026-01-02	J	116,540	—	$0
2026-01-08	Novel Inspiration International Co., Ltd.	10% Owner	2025-10-01	J	97,610	—	$0
2026-01-08	Novel Inspiration International Co., Ltd.	10% Owner	2025-07-01	J	137,333	—	$0
2025-12-18	MOORE WILLIAM M	Director	2025-12-16	P	2,000	$1.01	$2,020
2025-12-16	MOORE WILLIAM M	Director	2025-12-15	P	20,000	—	$0
2025-12-15	MOORE WILLIAM M	Director	2025-12-12	P	20,920	—	$0
2025-12-15	Dizon Romeo R	Officer (Chief Financial Officer)	2025-12-12	P	2,365	$0.97	$2,296
2025-12-15	MOORE WILLIAM M	Director	2025-12-11	P	9,080	—	$0
2025-12-04	Dizon Romeo R	Officer (Chief Financial Officer)	2025-12-02	P	320	$0.93	$298
2025-12-04	Dizon Romeo R	Officer (Chief Financial Officer)	2025-12-02	P	1,264	$0.95	$1,201
2025-11-21	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-20	P	5,760	$0.96	$5,530
2025-11-20	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-19	P	1,000	$0.96	$960
2025-11-19	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-18	P	2,133	$0.94	$2,005
2025-11-18	MOORE WILLIAM M	Director	2025-11-17	P	21,843	$0.97	$21,087
2025-11-18	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-17	P	3,034	$0.96	$2,913
2025-11-18	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-17	P	90	$0.96	$86
2025-11-18	MOORE WILLIAM M	Director	2025-11-14	P	28,157	$0.97	$27,245
2025-11-17	Dizon Romeo R	Officer (Chief Financial Officer)	2025-11-14	P	14,769	$0.88	$12,997
2025-10-02	Mercer Patrick	Officer (President and CEO)	2025-10-01	F	(23,850)	$1.13	-$26,950
2025-09-15	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-12	P	250	$1.37	$342
2025-09-15	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-12	P	1,200	$1.36	$1,632
2025-09-12	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-11	P	500	$1.34	$670
2025-09-12	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-11	P	500	$1.35	$675
2025-09-12	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-11	P	250	$1.35	$338
2025-09-11	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-10	P	1,000	$1.33	$1,330
2025-09-11	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-10	P	500	$1.36	$680
2025-09-10	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-09	P	1,500	$1.37	$2,055
2025-09-09	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-08	P	500	$1.40	$700
2025-09-08	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-05	P	1,000	$1.35	$1,350
2025-09-05	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-04	P	404	$1.32	$533
2025-09-05	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-04	P	96	$1.34	$129
2025-09-05	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-04	P	625	$1.39	$869
2025-09-04	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-03	P	625	$1.36	$850
2025-09-02	Dizon Romeo R	Officer (Chief Financial Officer)	2025-09-02	P	625	$1.34	$838
2025-08-29	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-29	P	625	$1.37	$856
2025-08-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-28	P	50	$1.33	$66
2025-08-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-28	P	200	$1.32	$265
2025-08-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-28	P	250	$1.35	$338
2025-08-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-28	P	505	$1.36	$687
2025-08-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-27	P	500	$1.28	$640
2025-08-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-27	P	250	$1.27	$319
2025-08-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-27	P	250	$1.30	$324
2025-08-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-26	P	750	$1.26	$945
2025-08-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-26	P	250	$1.25	$312
2025-08-26	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-25	P	250	$1.25	$312
2025-08-26	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-25	P	250	$1.25	$311
2025-08-26	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-25	P	250	$1.24	$310
2025-08-26	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-25	P	250	$1.25	$311
2025-08-25	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-22	P	250	$1.21	$302
2025-08-25	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-22	P	500	$1.22	$610
2025-08-25	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-22	P	250	$1.23	$308
2025-08-22	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-21	P	1,000	$1.27	$1,270
2025-08-22	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-21	P	1,000	$1.22	$1,220
2025-08-21	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-20	P	825	$1.17	$965
2025-08-21	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-20	P	175	$1.25	$219
2025-08-20	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-19	P	1,000	$1.18	$1,180
2025-08-20	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-19	P	500	$1.16	$580
2025-08-20	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-19	P	1,500	$1.16	$1,739
2025-08-19	MOORE WILLIAM M	Director	2025-08-18	P	12,024	$1.18	$14,229
2025-08-19	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-18	P	460	$1.19	$547
2025-08-19	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-18	P	1,040	$1.17	$1,219
2025-08-18	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-15	P	1,000	$1.18	$1,180
2025-08-18	Dizon Romeo R	Officer (Chief Financial Officer)	2025-08-15	P	500	$1.15	$575
2025-07-15	Mercer Patrick	Officer (President and CEO)	2025-06-30	F	(4,243)	$0.88	-$3,742
2025-06-24	Shuda Scott	Director	2025-06-13	A	53,000	—	$0
2025-06-24	HUSS BEVERLY A	Director	2025-06-13	A	53,000	—	$0
2025-06-24	Chen Yu-Hao	Director	2025-06-13	A	53,000	—	$0
2025-06-24	Chen Yu-Hao	Director	2025-06-13	A	15,000	—	$0
2025-06-24	MOORE WILLIAM M	Director	2025-06-13	A	53,000	—	$0
2025-06-24	MOORE WILLIAM M	Director	2025-06-13	A	15,000	—	$0
2025-06-24	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-13	A	22,500	$0.94	$21,150
2025-06-24	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-13	A	75,000	—	$0
2025-06-24	Mercer Patrick	Officer (President and CEO)	2025-06-13	A	33,370	$0.94	$31,368
2025-06-24	Mercer Patrick	Officer (President and CEO)	2025-06-13	A	111,240	—	$0
2025-06-17	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-13	A	22,500	$2.00	$45,000
2025-06-17	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-13	A	75,000	—	$0
2025-06-17	Mercer Patrick	Officer (President and CEO)	2025-06-13	A	33,370	$2.00	$66,740
2025-06-17	Mercer Patrick	Officer (President and CEO)	2025-06-13	A	111,240	—	$0
2025-06-17	HUSS BEVERLY A	Director	2025-06-13	A	53,000	—	$0
2025-06-17	Shuda Scott	Director	2025-06-13	A	53,000	—	$0
2025-06-16	MOORE WILLIAM M	Director	2025-06-13	P	20,000	$0.97	$19,372
2025-06-13	Mercer Patrick	Officer (President and CEO)	2025-06-13	P	250	$0.96	$240
2025-06-13	MOORE WILLIAM M	Director	2025-06-12	P	20,000	$0.97	$19,494
2025-06-13	MOORE WILLIAM M	Director	2025-06-11	P	10,000	$0.96	$9,627
2025-06-11	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-11	P	245	$0.96	$236
2025-06-10	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-10	P	335	$0.98	$327
2025-06-10	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-09	P	500	$0.99	$495
2025-06-06	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-06	P	1,500	$0.97	$1,455
2025-06-03	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-03	P	100	$0.99	$99
2025-06-03	Dizon Romeo R	Officer (Chief Financial Officer)	2025-06-02	P	100	$1.00	$100
2025-05-29	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-29	P	200	$0.98	$197
2025-05-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-28	P	200	$0.95	$190
2025-05-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-27	P	100	$1.00	$100
2025-05-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-23	P	100	$1.00	$100
2025-05-27	Mercer Patrick	Officer (President and CEO)	2025-05-22	F	(14,310)	$0.99	-$14,170
2025-05-22	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-22	P	100	$1.01	$101
2025-05-22	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-22	P	100	$1.00	$100
2025-05-16	MOORE WILLIAM M	Director	2025-05-15	P	2,500	$1.00	$2,502
2025-05-16	MOORE WILLIAM M	Director	2025-05-14	P	15,000	$1.10	$16,506
2025-05-15	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-14	P	460	$1.10	$506
2025-05-13	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-13	P	100	$1.15	$115
2025-05-13	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-13	P	755	$1.12	$846
2025-05-13	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-13	P	450	$1.09	$491
2025-05-12	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-12	P	100	$1.16	$116
2025-05-09	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-09	P	100	$1.15	$115
2025-05-08	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-08	P	100	$1.15	$115
2025-05-07	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-07	P	193	$1.15	$222
2025-05-06	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-06	P	100	$1.19	$119
2025-05-06	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-06	P	100	$1.16	$116
2025-05-05	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-05	P	100	$1.20	$120
2025-05-05	Dizon Romeo R	Officer (Chief Financial Officer)	2025-05-05	P	100	$1.17	$117
2025-04-30	MOORE WILLIAM M	Director	2025-04-29	P	19,710	$1.21	$23,784
2025-04-30	MOORE WILLIAM M	Director	2025-04-28	P	290	$1.24	$360
2025-04-29	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-29	P	500	$1.30	$650
2025-04-29	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-29	P	3,407	$1.22	$4,157
2025-04-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-28	P	625	$1.22	$762
2025-04-28	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-28	P	2,000	$1.30	$2,600
2025-04-28	Mercer Patrick	Officer (President and CEO)	2025-04-28	P	3,000	$1.30	$3,900
2025-04-28	Mercer Patrick	Officer (President and CEO)	2025-04-28	P	4,500	$1.29	$5,805
2025-04-28	Mercer Patrick	Officer (President and CEO)	2025-04-24	P	46	$1.15	$53
2025-04-25	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-25	P	975	$1.18	$1,150
2025-04-25	Shuda Scott	Director	2025-04-24	P	21,457	$1.20	$25,748
2025-04-24	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-24	P	500	$1.20	$600
2025-04-24	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-23	P	500	$1.11	$555
2025-04-24	HUSS BEVERLY A	Director	2025-04-23	P	25,900	$1.22	$31,500
2025-04-23	MOORE WILLIAM M	Director	2025-04-22	P	10,000	$1.08	$10,831
2025-04-23	MOORE WILLIAM M	Director	2025-04-21	P	10,000	$1.05	$10,540
2025-04-22	Dizon Romeo R	Officer (Chief Financial Officer)	2025-04-21	P	500	$1.05	$525
2025-03-27	Dizon Romeo R	Officer (Chief Financial Officer)	2025-03-25	A	53,000	—	$0
2024-11-08	Mercer Patrick	Officer (President and CEO)	2024-11-07	A	200,000	—	$0