TALPHERA INC

Ticker: TLPH CUSIP: 00444T209 Class: COM NEW

Bleichroeder LP's Holding History (CIK: 0001781002)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 881,166 Value ($000) $1,005 Avg Close $1.21 Range $0.86 - $1.57

Q3 2025

Shares 881,166 Value ($000) $787 Avg Close $0.58 Range $0.38 - $1.20

Q2 2025

Shares 426,621 Value ($000) $196 Avg Close $0.50 Range $0.43 - $0.65

Q1 2025

Shares 426,621 Value ($000) $211 Avg Close $0.61 Range $0.45 - $0.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	881,166	$1,005	$1.21	$0.86 - $1.57
Q3 2025	881,166	$787	$0.58	$0.38 - $1.20
Q2 2025	426,621	$196	$0.50	$0.43 - $0.65
Q1 2025	426,621	$211	$0.61	$0.45 - $0.78