Felix Lauscher departed his role as Chief Operating Officer on May 11, 2026. The departure is part of a broader reorganization of duties following the appointment of Dr. Terrie Kellmeyer as Interim CEO. Lauscher received a prorated base salary based on an annual rate of $264,000. Of 50,000 granted stock options, 45,833 were forfeited, while 4,167 vested and remain exercisable until August 9, 2026, at $4.69 per share.