EQUITY (Tables)

6 Months Ended

Jun. 30, 2026


Table 14.1: Details of Warrants
	Number of Warrants	Weighted Average Exercise Price		Weighted Average Life (years)
Outstanding warrants, December 31, 2024	315,028	$	20.64	3.0
Granted	869,992	164.96		4.7
Replacement of old warrants	(315,028)	20.64		2.9
Exercised	(234,831)	14.27		4.3
Outstanding warrants, March 31, 2025	635,161	220.67		4.7
Issued - Prefunded (equity line)	150,000	-		1.0
Exercised - Prefunded (equity line)	(83,333)	-		1.0
Exercised	(23,633)	15.00		5.0
Outstanding warrants, June 30, 2025	678,195	206.15		4.8
Exercised - Prefunded (equity line)	(66,667)	-		1.0
Outstanding warrants, September 30, 2025	611,528	228.62		4.8
Issued - Prefunded (Armistice-Prefunded)	1,670,720	-		1.0
Issued (Armistice)	3,341,439	3.62		5.0
Outstanding warrants, December 31, 2025	5,623,687	27.01		5.0
Exercised - Prefunded (Armistice-Prefunded)	(1,670,720)	-		1.0
Outstanding warrants, June 30, 2026	3,952,967	$	27.01	5.0
Exercisable warrants, June 30, 2026	3,952,967	$	27.01	5.0

Schedule of Common Stock Subject to Possible Redemption


Table 14.2: Details of Common Stock Subject to Possible Redemption
	Number of Shares	Amount
Common stock subject to possible redemption as of December 31, 2024	5,796	$	1,917,309
Less:
Redemption	(3,163)	(1,001,216)
Release of common stock subject to redemption	(2,633)	(916,093)
Common stock subject to possible redemption as of December 31, 2025	-	$	-

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

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