NOTE 11. SUBSEQUENT EVENTS:

The Company evaluated the subsequent events through July 30, 2026, the date at which the financial statements were issued.

Shelf Registration Statement and At-the-Market Offering Program

On July 2, 2026, the Company filed a shelf registration statement on Form S-3 registering up to $20.0 million of common stock and/or debt securities. Concurrently, the Company entered into an At-the-Market Offering Agreement with H.C. Wainwright & Co., LLC, pursuant to which the Company may, from time to time, offer and sell up to $10.0 million of its common stock. The ATM program forms part of, and is not in addition to, the $20.0 million registered under the shelf registration statement.

Net proceeds from any future issuances are expected to be used for working capital, general corporate purposes, and potential acquisitions. As of the issuance date of these financial statements, no securities had been issued or sold under the shelf registration statement or the ATM program. Since these arrangements were entered into subsequent to June 30, 2026, they represent non-recognized subsequent events and had no impact on the Company’s financial position, weighted average shares outstanding, or basic and diluted earnings (loss) per share for the quarter ended June 30, 2026. Any future issuances under these arrangements may increase the number of shares outstanding and result in shareholder dilution.