NOTE 13 – SUBSEQUENT EVENTS 

The company’s management has evaluated subsequent events occurring after June 30, 2026, the date of our most recent balance sheet, through the date our financial statements were issued.

Subsequent to the period ending June 30, 2026, the company issued 45,000 shares of common stock upon the exercise of 45,000 options at an exercise price of $0.07 a share. As a result, the company received $3,150 in cash proceeds as part of the transaction.

Subsequent to June 30, 2026, Restricted Stock Units covering 100,000 shares of the company’s common stock vested. The company has the right to withhold a portion of these shares of common stock from the holders pursuant to their restricted stock unit agreements to cover its tax withholding obligation.

As of the reporting date, the company has received cash proceeds in the amount of $2 million from investors pursuant to an equity offering. The company has not yet delivered countersigned subscription agreements or conducted a closing of the financing, and the final terms remain subject to change while the financing is open. Accordingly, the company has classified the proceeds as a liability. The company will reclassify the liability to equity upon delivery of countersigned agreements and finalization of the terms.