RE:RE:Insider buy - transaction date 13-SEP-2022 It is very simple. There will be a new chair of the Board.
This gives the chair free reign and license to dole out options plans and compensation as they see fit.
No other board member owns any significant stock position. So he buys 200k worth of shares to then issue himself hundreds of thousands of options per year.
That is an awesome return of investment. And it is fun to be the Chair of any publicly traded Board.
The downside is this is clear that there is no prospect of an IP licensing deal. It would be insider trading otherwise.