NOTE 9 – SUBSEQUENT EVENTS

On April 16, 2026, the Company sold (i) 816,068 shares of common stock, par value $0.001 per share, of the Company at a purchase price of $3.03 per share and (ii) pre-funded common stock purchase warrants to purchase up to 9,017 shares of Common Stock at a purchase price of $3.029 per share for aggregate gross proceeds of approximately $2.5 million, before deducting the placement agent fees and related offering expenses. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

In a concurrent private placement, the Company issued unregistered short-term warrants to purchase up to 1,650,170 shares of common stock. The short-term warrants have an exercise price of $2.78 per share, were immediately exercisable upon issuance and will expire 24 months following the effective date of the registration statement registering the resale of the share of common stock underlying the short-term warrants.

Under the ELOC, the Company sold an additional 67,484 shares of common stock for approximately $0.2 million, bringing the cumulative total to 1,835,000 shares of common stock, with gross proceeds of approximately $7.3 million through May 11, 2026.

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