Note 8 – Equity Investment – Rift Cyber LLC

On April 1, 2025, the Company, Christian Schjolberg, and Peter Herzog filed articles of organization with the Secretary of State of the State of Nevada to form Rift. The Company holds 25% of Rift’s membership interests, and Christian Schjolberg, and Peter Herzog collectively hold the remaining 75% of Rift’s membership interests. In connection with the formation of Rift, Jö & Fyse UG (an entity controlled by Christian Schjolberg) and Peter Herzog executed an intellectual property assignment agreement (the “IP Assignment”), whereby they assigned to Rift all of the intellectual property rights in and to the core technology, RF environment mapping methodology, authentication framework, data collection and aggregation mechanism, applications and use cases, and prototype implementations and source code of the predecessor cybersecurity technology platform (“Rift Tech”). As consideration for the IP Assignment, the Company’s Board of Directors granted each of Jö & Fyse UG, and Peter Herzog, 250,000 shares of common stock, respectively. These shares were issued on October 1, 2025.

The Company holds minority equity interests in Rift in which it does not have a controlling financial interest or the ability to exercise significant influence. These investments are accounted for under the measurement alternative in ASC 321, Investments — Equity Securities, and are recorded at cost, and less any impairment. The Company performs a qualitative assessment of each reporting period to identify impairment indicators. When indicators are present, the investment is written down to fair value, with the loss recognized in earnings.

As of March 31, 2026, the aggregate carrying amount of equity investments measured under the measurement alternative on investment in Rift was $64,815, which included in non-current assets on the consolidated balance sheet. Since inception date of the investment, no impairment indicators were identified, and no loss was recorded.