Note 21 – Subsequent Events

The Company evaluates events that have occurred after the balance sheet date through the date these financial statements were issued, noting no reportable event, except as follows:

Exercise of Warrants

During April 2026 warrants were exercised to purchase an aggregate of 233,614 shares of the Company’s common stock at an exercise price of $1.00 per share for aggregate cash proceeds of $233,614.

On May 7, 2026, Kaufman Kapital exercised in full a warrant to purchase 500,000 shares of the Company’s common stock at an exercise price of $1.50 per share, resulting in cash proceeds to the Company of $750,000. In connection with the warrant exercise, the Convertible Note was amended to extend the maturity date from December 31, 2026 to December 31, 2027 and reduce the interest rate from 12% to 8%, effective May 7, 2026.

Additional Debt Financing

On April 17, 2026, the Company borrowed an additional $750,000 from Kaufman Kapital LLC under the same terms as the 2026 Secured Note. See Note 12 – Debt for additional information.