Note 18 — Subsequent Events

On July 22, 2026, the Company, Slacker and Music Story SAS (“MS”) entered into a Shares Issuance Agreement (the “Agreement”) pursuant to which the Company issued to MS 70,000 shares of its common stock. Such shares were issued as (i) payment of any outstanding fees due by the Company under the Metadata license and service agreement, dated as of February 24, 2022, entered into between the Company and MS (the “License Agreement”), and (ii) prepayment of a certain portion of fees that will be due and owing under the License Agreement, as amended by the Agreement, during the Extended Term (as defined below), unless terminated earlier as provided therein. Pursuant to the Agreement, the parties agreed to extend the term of the License Agreement through February 24, 2028 (the “Extended Term”). MS’ net sale proceeds of any such shares will be offset against any fees due to MS under the License Agreement. MS agreed not to sell such shares in excess of more than 3.5% of the average daily trading volume for the common stock for the preceding 20 consecutive trading days (excluding from such average any index rebalancing days). If any fees remain payable to MS upon expiration of the Extended Term, the Company or Slacker will pay such remaining amounts to MS in immediately available funds. Such shares were issued to MS pursuant to the Company’s effective shelf Registration Statement on Form S-3 (File No. 333-284916), which was filed with the SEC on February 13, 2025, and a prospectus supplement relating to the offering of such shares filed with the SEC on July 30, 2026. The Company did not receive any cash proceeds from the offering of such shares.