v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

17. SUBSEQUENT EVENTS

 

On April 10, 2026, the Company entered into a note purchase agreement with Streeterville Capital, LLC, (“Lender”) pursuant to which the Company issued and sold to the Lender a secured promissory note in the original principal amount of $1,050,000 (the “A-1 Note”). The A-1 Note carries an original issue discount of $50,000, and the Company agreed to pay $15,000 to the Lender to cover its legal, accounting and due diligence expenses, which will be added to the outstanding principal balance of the A-1 Note on the First Closing Date. The A-1 Note transaction closed on April 10, 2026, the First Closing Date, at which time Lender paid $1,000,000 to the Company.