v3.26.1
Award Timing Disclosure
12 Months Ended
Dec. 31, 2025
Jan. 02, 2025
USD ($)
shares
$ / shares
Award Timing Disclosures [Line Items]    
Award Timing MNPI Disclosure
Policies and Practices Regarding Grants of Equity Awards
Our Compensation Committee and Board generally make equity grants on regularly scheduled dates. Our Board or Compensation Committee may change any regularly scheduled grant date if our Board or Compensation Committee determines that making grants on such date would not be in the Company’s best interest. Equity grants may also be made on other dates in connection with new hires, promotions or similar events. During 2025, our Compensation Committee did not take into account any material nonpublic information when determining the timing and terms of equity incentive awards, and we did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. As required by Item 402(x) of Regulation S-K under the Exchange Act, we are providing the following information regarding stock options granted to Dr. Musunuri, Dr. Upadhyay, Mr. Ramachandran, and Dr. Qamar on January 2, 2025, one business day before we filed a Current Report on Form 8-K reporting the receipt of a bid price deficiency letter from Nasdaq.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Name
 
 
Grant date
 
 
Number of
securities
underlying the
award
 
 
Exercise
price of the
award
($/Sh)
 
 
Grant date fair
value of the
award
 
 
Percentage change in the
closing market price of the
securities underlying the award
between the trading day ending
immediately prior to the
disclosure of material nonpublic
information and the trading day
beginning immediately following
the disclosure of material
nonpublic information
 
 
Shankar Musunuri, Ph.D., MBA
 
 
01/02/25
 
 
1,827,485
 
 
$0.90
 
 
$ 1,385,871
 
 
0%
 
 
Arun Upadhyay, Ph.D.
 
 
01/02/25
 
 
730,994
 
 
$0.90
 
 
$554,500
 
 
0%
 
 
Ramesh Ramachandran, CPA, MBA, CMA
 
 
01/02/25
 
 
350,146
 
 
$0.90
 
 
$266,708
 
 
0%
 
 
Huma Qamar, M.D., MPH, CMI
 
 
01/02/25
 
 
1,145,468
 
 
$0.90
 
 
$868,975
 
 
0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Award Timing Method Our Compensation Committee and Board generally make equity grants on regularly scheduled dates. Our Board or Compensation Committee may change any regularly scheduled grant date if our Board or Compensation Committee determines that making grants on such date would not be in the Company’s best interest. Equity grants may also be made on other dates in connection with new hires, promotions or similar events.  
Award Timing Predetermined true  
Award Timing MNPI Considered false  
Award Timing, How MNPI Considered During 2025, our Compensation Committee did not take into account any material nonpublic information when determining the timing and terms of equity incentive awards, and we did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.  
MNPI Disclosure Timed for Compensation Value false  
Awards Close in Time to MNPI Disclosures, Table As required by Item 402(x) of Regulation S-K under the Exchange Act, we are providing the following information regarding stock options granted to Dr. Musunuri, Dr. Upadhyay, Mr. Ramachandran, and Dr. Qamar on January 2, 2025, one business day before we filed a Current Report on Form 8-K reporting the receipt of a bid price deficiency letter from Nasdaq.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Name
 
 
Grant date
 
 
Number of
securities
underlying the
award
 
 
Exercise
price of the
award
($/Sh)
 
 
Grant date fair
value of the
award
 
 
Percentage change in the
closing market price of the
securities underlying the award
between the trading day ending
immediately prior to the
disclosure of material nonpublic
information and the trading day
beginning immediately following
the disclosure of material
nonpublic information
 
 
Shankar Musunuri, Ph.D., MBA
 
 
01/02/25
 
 
1,827,485
 
 
$0.90
 
 
$ 1,385,871
 
 
0%
 
 
Arun Upadhyay, Ph.D.
 
 
01/02/25
 
 
730,994
 
 
$0.90
 
 
$554,500
 
 
0%
 
 
Ramesh Ramachandran, CPA, MBA, CMA
 
 
01/02/25
 
 
350,146
 
 
$0.90
 
 
$266,708
 
 
0%
 
 
Huma Qamar, M.D., MPH, CMI
 
 
01/02/25
 
 
1,145,468
 
 
$0.90
 
 
$868,975
 
 
0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shankar Musunuri, Ph.D., MBA [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Shankar Musunuri, Ph.D., MBA
Underlying Securities | shares   1,827,485
Exercise Price | $ / shares   $ 0.9
Fair Value as of Grant Date | $   $ 1,385,871
Underlying Security Market Price Change   0
Arun Upadhyay, Ph.D. [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Arun Upadhyay, Ph.D.
Underlying Securities | shares   730,994
Exercise Price | $ / shares   $ 0.9
Fair Value as of Grant Date | $   $ 554,500
Underlying Security Market Price Change   0
Ramesh Ramachandran, CPA, MBA, CMA [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Ramesh Ramachandran, CPA, MBA, CMA
Underlying Securities | shares   350,146
Exercise Price | $ / shares   $ 0.9
Fair Value as of Grant Date | $   $ 266,708
Underlying Security Market Price Change   0
Huma Qamar, M.D., MPH, CMI [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Huma Qamar, M.D., MPH, CMI
Underlying Securities | shares   1,145,468
Exercise Price | $ / shares   $ 0.9
Fair Value as of Grant Date | $   $ 868,975
Underlying Security Market Price Change   0