14. Subsequent Events

Change in Fair Value of Embedded Derivative

During the period from July 1, 2026 until August 11, 2026, the price of ZEC has been volatile, ranging from high prices of above $585 to low prices of below $390. A ZEC price at the end of the three month period ended September 30, 2026 that is higher than the price used for the Company’s financial statements as of June 30, 2026, will result in an increase in the fair value of the embedded derivative and decrease the Company’s net loss and potentially result in net income for the period. For example, if the Company were to hold the same amount of ZEC at the end of the three month period September 30, 2026 as it held as of August 11, 2026, and the price of ZEC were $500 as of September 30, 2026, then the current value of the Company’s digital asset receivable would be approximately $161,697 and there would be an unrealized net gain on the change in fair value of the embedded derivative for the three month period ended September 30, 2026 of approximately $32,310. As ZEC is highly volatile, there can be no assurance that the price of ZEC may not decline from the current price, resulting in a smaller digital asset receivable and an unrealized loss on the change in fair value of the embedded derivative.

Grant of RSUs to Directors and Certain Employees

In July 2026, the Compensation Committee of the Board approved the issuance of an aggregate of 3,275,000 RSUs, pursuant to the Company’s 2025 Equity Incentive Plan, to the directors and certain employees of the Company. The RSUs, if vested pursuant to their terms, would entitle the recipient to one share of the Company’s Common Stock per RSU.