NOTE 4 - INTANGIBLE ASSETS

Intellectual Property Transfer and Technology Assignment Agreement.

On June 9, 2026, in connection with the Company’s Change of Control Agreement, the Company entered into an Intellectual Property Transfer and Technology Assignment Agreement with Cho Sun Sik, a director and Co-Chief Executive Officer of the Company, and Sundori Drone Co., Ltd. (collectively, the “Assignors”). Pursuant to the agreement, the Assignors transferred to the Company all of their right, title, and interest in a portfolio of drone-related intellectual property, comprising twelve Korean patent registrations, six Korean industrial design registrations, worldwide trade secrets, manufacturing and engineering know-how, freedom-to-practice rights, and foreign filing rights, excluding the Sundori trademarks. There are no Korean utility model registrations. Based on accounting records

supporting the predecessor carrying amount of the IP, the Company recorded the acquired IP at the applicable historical carrying amount of $0. ASC 805-50 provides that transfers of assets between entities under common control are recognized by the receiving entity at the transferor’s carrying amount and that assets acquired in an asset acquisition are measured based on the cost of the acquisition.

Exclusive License-Back Agreement.

In conjunction with the IP Assignment Agreement, the Company, as licensor, entered into an Exclusive License-Back

Agreement (the “License-Back Agreement”) with Sundori Korea, as licensee. Under the License-Back Agreement,

the Company granted Sundori Korea a royalty-free, perpetual, exclusive license to the Assigned IP within the Republic of Korea, such that Sundori Korea may continue its Korean domestic operations, including procurement to Korean governmental and defense customers. (See “Certain Relationships and Related Transactions”).

Master Services Agreement.

In conjunction with the IP Assignment Agreement, the Company, as customer, entered into a Master Services

Agreement (the “Master Agreement”) with Sundori Korea, as service provider. Under the Master Agreement, Sundori

Korea will provide foreign factory-setup, engineering-dispatch and training services to the Company and its to-be- designated joint venturers on an arm’s-length, fee-for-service basis, pursuant to separate statements of work. (See “Certain Relationships and Related Transactions”).