15. Subsequent Events

The Company has evaluated events that have occurred after the balance sheet and through the date the condensed consolidated financial statements were issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements, except as disclosed below:

Convertible Notes Payable

Subsequent to March 31, 2026, the Company entered into 2025 Notes in the aggregate amount of $130,000, all of which were from non-related party investors.

Series D-1 Preferred Stock

Subsequent to March 31, 2026, principal and interest in the aggregate amount of $237,698, owed in connection with 2025 Notes was converted into 83,055 shares of Series D-1 Preferred Stock at the Conversion Price of $2.862. Any fractional shares issuable pursuant to the formula were rounded up to the next whole share of Series D-1 Preferred Stock.