NOTE
13: SUBSEQUENT EVENTS
The
Company has evaluated subsequent events from June 30, 2026, through August 13, 2026, the date of issuance of these financial statements:
| |
A. |
On July 8, 2026, the Company issued 4,894 shares of common stock to a former consultant as settlement of amounts
owed for services previously provided. |
| |
|
|
| |
B. |
On July 9, 2026, 228,571 warrants of the 2026 PIPE Warrants (see note 10.D) were exercised into 228,571 shares of
common stock. The Company received total proceeds of $600 upon exercise of the warrants. |
| |
|
|
| |
C. |
During July 2026, 1,916,610
of the June 2024 Lead Lender Fee Warrants (see note 7.D) were exercised into 1,916,610 shares of common stock. The Company received
total proceeds of $905 upon exercise of the warrants. |
| |
|
|
| |
D. |
On July 29, 2026, $589
of the Total Credit Facility Amount (see note 7.D) was converted into units, which included 588,553 shares of common stock and the
same amount of warrants, each warrant is exercisable into one share of common stock of the Company at an exercise price of $1.00
per share for a 3 three-year period from the issuance date of the warrants. |
|