0001468748 2023-01-01 2023-12-31 0001468748 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001468748 2024-01-01 2024-12-31 0001468748 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001468748 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001468748 2025-01-01 2025-12-31 0001468748 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001468748 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001468748 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0001468748 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001468748 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 iso4217:USD 0001468748 false DEF 14A KODIAK SCIENCES INC. true Timing of Equity Awards<div>Annual grants of equity awards to our named executive officers are generally determined and approved at compensation committee meetings, with such meeting date typically serving as the grant date. However, the compensation committee may sometimes approve the grant of equity awards to our named executive officers and other employees in advance of its next scheduled meeting, either at a special meeting or by unanimous written consent, in connection with certain new hires, promotions and other circumstances where the compensation committee deems it appropriate to grant such awards. The grant dates for these equity awards are typically the same date that a newly hired executive officer begins employment or the effective date of an executive officer’s promotion, as applicable. In addition, non-employee directors receive automatic grants of initial and annual stock option awards, at the time of a director’s initial appointment or election to the board and on June 30th of each year (or the preceding trading day, if June 30th is not a trading day), respectively, pursuant to our Outside Director Compensation Policy, as further described under the heading, “Non-Employee Director Compensation—Outside Director Compensation Policy.” All stock options are granted with an exercise price that is not less than the closing price of our common stock on the grant date. We have no plan or practice to time option grants in coordination with the release of material non-public information, and we do not time the release of material non-public information to affect the value of executive compensation. </div> Annual grants of equity awards to our named executive officers are generally determined and approved at compensation committee meetings, with such meeting date typically serving as the grant date. However, the compensation committee may sometimes approve the grant of equity awards to our named executive officers and other employees in advance of its next scheduled meeting, either at a special meeting or by unanimous written consent, in connection with certain new hires, promotions and other circumstances where the compensation committee deems it appropriate to grant such awards. The grant dates for these equity awards are typically the same date that a newly hired executive officer begins employment or the effective date of an executive officer’s promotion, as applicable. In addition, non-employee directors receive automatic grants of initial and annual stock option awards, at the time of a director’s initial appointment or election to the board and on June 30th of each year (or the preceding trading day, if June 30th is not a trading day), respectively, pursuant to our Outside Director Compensation Policy, as further described under the heading, “Non-Employee Director Compensation—Outside Director Compensation Policy.” All stock options are granted with an exercise price that is not less than the closing price of our common stock on the grant date. We have no plan or practice to time option grants in coordination with the release of material non-public information, and we do not time the release of material non-public information to affect the value of executive compensation. true false false Pay Versus PerformanceAs required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information regarding the relationship between “compensation actually paid” ("CAP") to our named executive officers and certain financial performance of the Company for the past three fiscal years. <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:90.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:7.598%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:13.077%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:13.077%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:14.877%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:13.077%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:14.877%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.418%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Value of Initial</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Average</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Average</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Fixed $100 Investment</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Summary</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Summary</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Compensation</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Based on:</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Compensation</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Compensation</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Compensation</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Actually Paid to</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Total</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Table Total for</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Actually Paid to</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Table Total for</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Non-PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Shareholder</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;">Net</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:5pt;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">Year(1)</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">PEO(2)(3)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">PEO(4)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">Non-PEO NEOs(3)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">NEOs(4)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">Return(5)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;">(Loss)(6)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #288dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">2,499,221</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">24,351,780</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">1,615,857</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">13,861,768</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">390.50</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">(229,966,426</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">)</td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">2024</td> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">1,988,095</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">11,276,569</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">1,355,719</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">5,783,132</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">11.74</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:center;">(176,207,000</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;padding-right:0.01in;text-align:left;">)</td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2023</td> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">2,725,068</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(830,470</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">1,539,795</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(316,524</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">3.59</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(260,491,000</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> </tr> </table> <div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(1)<div style="display:inline;">We are a smaller reporting company pursuant to Rule 405 of the Securities Act, and as such, are only required to include information for the past three fiscal years in this table.</div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(2)<div style="display:inline;">Victor Perlroth, M.D. served as the principal executive officer (“PEO”) of the Company during 2025, 2024 and 2023.</div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(3)<div style="display:inline;">The dollar amounts reported as total compensation for the Company’s PEO and the average of the amounts reported for the Company’s other named executive officers (excluding Dr. Perlroth) as a group (“Non-PEO NEOs”) for each corresponding year are the amounts reported in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation – 2025 Summary Compensation Table” of this Proxy Statement and the Company’s proxy statements for fiscal years 2024 and 2023. The name of the Non-PEO NEO included in the amounts in 2025 is John A. Borgeson. The names of each of the Non-PEO NEOs included for purposes of calculating the average amounts in each of 2024 and 2023 are John A. Borgeson and Jason Ehrlich (whose employment with the Company terminated in August 2023).</div></div><div style="font-size:8pt;font-family:'Montserrat',sans-serif;"><div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(4)<div style="display:inline;">The dollar amounts reported as “compensation actually paid” to the Company’s PEO and the average amount reported as “compensation actually paid” to the Non-PEO NEOs, are computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to such PEO and Non-PEO NEOs during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total reported compensation for 2025 to determine the compensation actually paid to the PEO and the average compensation actually paid to the Non-PEO NEOs:</div></div> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.78%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.24%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.7%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.28%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.48%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">2,499,221</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(923,032</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">7,729,536</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">14,598,849</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">447,206</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">24,351,780</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.441%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:9.342%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.642%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.042%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.802%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:12.282%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:5pt;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">1,615,857</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(678,700</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">5,683,487</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">6,912,298</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">328,826</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">13,861,768</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(A)<div style="display:inline;">The grant date fair value of equity awards represents for the PEO and the Non-PEO NEO, the total of the amounts reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div></div><div style="font-size:8pt;font-family:'Montserrat',sans-serif;"><div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(B)<div style="display:inline;">The equity award adjustments for 2025 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in 2025 that are outstanding and unvested as of the end of 2025; (ii) the change in fair value during 2025 of any equity awards granted in a prior year that are outstanding and unvested as of the end of 2025; (iii) for awards that are granted and vest in the same year, the fair value as of the vesting date; and (iv) for awards granted in prior years that vest in 2025, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair value did not materially differ from those disclosed as of the grant date of the equity awards.</div></div></div></div> <div><div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(5)<div style="display:inline;">Cumulative total shareholder return (“TSR”) is calculated by dividing (a) the sum of (i) the cumulative amount of dividends on our common stock for the measurement period (if any), assuming dividend reinvestment, and (ii) the difference between the Company’s share price at the end and the beginning of the measurement period by (b) the Company’s share price at the beginning of the measurement period.</div></div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(6)<div style="display:inline;">The dollar amounts reported represent the amount of net income (loss) reflected in the Company’s audited financial statements for the applicable year. </div></div> 2499221 24351780 1615857 13861768 390.5

-229966426

1988095 11276569 1355719 5783132 11.74

-176207000

2725068 -830470 1539795 -316524 3.59

-260491000

Victor Perlroth Victor Perlroth Victor Perlroth (“Non-PEO NEOs”) for each corresponding year are the amounts reported in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation – 2025 Summary Compensation Table” of this Proxy Statement and the Company’s proxy statements for fiscal years 2024 and 2023. The name of the Non-PEO NEO included in the amounts in 2025 is John A. Borgeson. The names of each of the Non-PEO NEOs included for purposes of calculating the average amounts in each of 2024 and 2023 are John A. Borgeson and Jason Ehrlich (whose employment with the Company terminated in August 2023). <div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(4)<div style="display:inline;">The dollar amounts reported as “compensation actually paid” to the Company’s PEO and the average amount reported as “compensation actually paid” to the Non-PEO NEOs, are computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to such PEO and Non-PEO NEOs during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total reported compensation for 2025 to determine the compensation actually paid to the PEO and the average compensation actually paid to the Non-PEO NEOs:</div></div> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.78%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.24%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.7%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.28%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.48%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">2,499,221</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(923,032</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">7,729,536</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">14,598,849</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">447,206</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">24,351,780</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.441%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:9.342%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.642%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.042%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.802%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:12.282%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:5pt;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">1,615,857</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(678,700</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">5,683,487</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">6,912,298</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">328,826</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">13,861,768</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(A)<div style="display:inline;">The grant date fair value of equity awards represents for the PEO and the Non-PEO NEO, the total of the amounts reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div></div><div style="font-size:8pt;font-family:'Montserrat',sans-serif;"><div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(B)<div style="display:inline;">The equity award adjustments for 2025 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in 2025 that are outstanding and unvested as of the end of 2025; (ii) the change in fair value during 2025 of any equity awards granted in a prior year that are outstanding and unvested as of the end of 2025; (iii) for awards that are granted and vest in the same year, the fair value as of the vesting date; and (iv) for awards granted in prior years that vest in 2025, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair value did not materially differ from those disclosed as of the grant date of the equity awards.</div></div></div> <div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(4)<div style="display:inline;">The dollar amounts reported as “compensation actually paid” to the Company’s PEO and the average amount reported as “compensation actually paid” to the Non-PEO NEOs, are computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to such PEO and Non-PEO NEOs during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total reported compensation for 2025 to determine the compensation actually paid to the PEO and the average compensation actually paid to the Non-PEO NEOs:</div></div> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.78%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.24%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.7%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.28%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.84%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.48%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">PEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">2,499,221</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(923,032</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">7,729,536</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">14,598,849</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">447,206</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">24,351,780</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.441%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:9.342%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.642%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:8.042%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:11.222%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:10.802%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> <td style="width:12.282%;box-sizing:content-box;"></td> <td style="width:1%;box-sizing:content-box;"></td> </tr> <tr style="height:7pt;word-break:break-word;white-space:pre-wrap;text-align:left;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:5pt;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Year</td> <td style="background-color:#ffffff;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Position</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Reported Summary Compensation Table Total for Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">(Less): Reported Value of Equity Awards(A)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Plus: Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year(B)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> <td colspan="2" style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;">Equals: Compensation Actually Paid to Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;border-bottom:2.25pt solid #258dc1;padding-right:0.01in;"> </td> </tr> <tr style="height:7pt;word-break:break-word;"> <td style="background-color:#ffffff;padding-top:0.01in;text-indent:4pt;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">2025</td> <td style="background-color:#ffffff;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">Non-PEO NEO</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">1,615,857</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">(678,700</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">)</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">5,683,487</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">6,912,298</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">328,826</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;"> </td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;">$</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:pre-wrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:center;">13,861,768</td> <td style="background-color:#e6e7e8;padding-top:0.01in;white-space:nowrap;padding-left:0in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid #a7a9ac;padding-right:0.01in;text-align:left;"> </td> </tr> </table> <div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(A)<div style="display:inline;">The grant date fair value of equity awards represents for the PEO and the Non-PEO NEO, the total of the amounts reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div></div><div style="font-size:8pt;font-family:'Montserrat',sans-serif;"><div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(B)<div style="display:inline;">The equity award adjustments for 2025 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in 2025 that are outstanding and unvested as of the end of 2025; (ii) the change in fair value during 2025 of any equity awards granted in a prior year that are outstanding and unvested as of the end of 2025; (iii) for awards that are granted and vest in the same year, the fair value as of the vesting date; and (iv) for awards granted in prior years that vest in 2025, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair value did not materially differ from those disclosed as of the grant date of the equity awards.</div></div></div> The dollar amounts reported as “compensation actually paid” to the Company’s PEO and the average amount reported as “compensation actually paid” to the Non-PEO NEOs, are computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to such PEO and Non-PEO NEOs during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total reported compensation for 2025 to determine the compensation actually paid to the PEO and the average compensation actually paid to the Non-PEO NEOs 2499221 -923032 7729536 14598849 447206 24351780 1615857 -678700 5683487 6912298 328826 13861768 <div class="item-list-element-wrapper" style="margin-left:0.33958333333333335in;display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(B)<div style="display:inline;">The equity award adjustments for 2025 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in 2025 that are outstanding and unvested as of the end of 2025; (ii) the change in fair value during 2025 of any equity awards granted in a prior year that are outstanding and unvested as of the end of 2025; (iii) for awards that are granted and vest in the same year, the fair value as of the vesting date; and (iv) for awards granted in prior years that vest in 2025, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair value did not materially differ from those disclosed as of the grant date of the equity awards.</div></div> <div class="item-list-element-wrapper" style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;">(5)<div style="display:inline;">Cumulative total shareholder return (“TSR”) is calculated by dividing (a) the sum of (i) the cumulative amount of dividends on our common stock for the measurement period (if any), assuming dividend reinvestment, and (ii) the difference between the Company’s share price at the end and the beginning of the measurement period by (b) the Company’s share price at the beginning of the measurement period.</div></div> net income (loss) Compensation Actually Paid and Cumulative TSRWe believe the compensation paid to our executives demonstrates our commitment to aligning long-term equity incentives with the interests of our stockholders. The substantial drop in Kodiak’s share price in 2022 following our Phase 2b/3 study in wet AMD topline data release significantly impacted compensation actually received by our executives in 2022 and 2023. For example, in October 2021, our NEOs received stock options under the 2021 LTPIP, which vest subject to the achievement of certain stock price goals and operational milestones (and subject to their continued employment) during a seven-year performance period. All of the LTPIP options granted to our NEOs have an exercise price of $88.21 per share and will provide no realizable value to our NEOs unless and until our stock price exceeds $88.21 per share.The following graph sets forth the relationship between the CAP to our PEO and our Non-PEO NEO, and the Company’s cumulative TSR over the three most recently completed fiscal years. <img alt="img256302950_24.jpg" src="img256302950_24.jpg" style="width:701px;height:336px;"/> Compensation Actually Paid and Net Income (Loss)The following graph sets forth the relationship between compensation actually paid to our PEO and our Non-PEO NEO, and the Company’s net income (loss) over the three most recently completed fiscal years. <img alt="img256302950_25.jpg" src="img256302950_25.jpg" style="width:714px;height:327px;"/>