NOTE 12 – SUBSEQUENT EVENTS

Amendment to the 2021 Omnibus Equity Incentive Plan

On August 6, 2026, the Company held its 2026 annual meeting of shareholders. At the meeting, the Company’s shareholders approved an amendment to the Company’s Amended and Restated 2021 Omnibus Equity Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder to 2,000,000 shares from 1,000,000 shares.

Reverse Stock Split Authorization

At the annual meeting, the Company’s shareholders granted the Company’s board of directors the authority, at its discretion, to effect a reverse stock split of the Company’s outstanding common stock at a ratio of not less than 1-for-2 and not greater than 1-for-25, without reducing the number of authorized shares of common stock, with the exact ratio to be determined by the board of directors. Any such reverse stock split may be effected, if at all, at any time before August 6, 2027. As of the date these unaudited consolidated financial statements were issued, the board of directors had not selected a ratio for, or effected, any reverse stock split, and accordingly no retroactive adjustment has been made to the share and per share amounts in the accompanying unaudited consolidated financial statements.