22. SUBSEQUENT EVENTS

On August 5, 2026, the Board of Directors (the 'Board') of the Company declared a dividend of one preferred share purchase right (a 'Right') for each outstanding share of the Company's common stock, par value $0.000004 per share, payable to stockholders of record as of August 17, 2026. In connection with the distribution, the Company entered into a Rights Agreement, dated August 5, 2026, with Computershare Trust Company, N.A., as rights agent (the 'Rights Agreement').

Each Right entitles the holder to purchase from the Company one one-thousandth of a share of the Company's Series B Preferred Stock, par value $0.0001 per share, at a purchase price of $105.00 per one one-thousandth of a share, subject to adjustment. The Rights generally become exercisable only if a person or group acquires beneficial ownership of 15% or more of the Company's outstanding common stock, subject to certain exceptions for existing holders as of the adoption date. The Board may redeem the Rights, in whole but not in part, at a price of $0.001 per Right at any time prior to a triggering acquisition. Unless earlier redeemed, exchanged, or terminated, the Rights will expire on August 4, 2027.

The Company does not expect this event to have a material effect on its financial position or results of operations.