The following is a schedule of changes in warrants issued and outstanding from December 31, 2025 to June 30, 2026:


		Outstanding as of								Outstanding as of
	December 31, 2025			Issued		Exercised		Canceled		June 30, 2026
Registered Direct Offering Warrants			2		—		—		—		2
Best Efforts Offering A-1 Warrants			41		—		—		—		41
Best Efforts Offering A-2 Warrants			41		—		—		—		41
Best Efforts Placement Agent Warrants			3		—		—		—		3
January 2025 Warrants			700		—		—		—		700
Woodway May 2025 Warrants			571		—		—		—		571
Class A Incremental Notes Warrants			16,152		20,851		—		—		37,003
Total Common Stock Purchase Warrants			17,510		20,851		—		—		38,360

The warrants are classified as a long-term liability within the condensed consolidated balance sheets and are carried at fair value, with changes in fair value recorded in earnings.

In connection with the January 28, 2025 SPA (see Note 11), the Company issued warrants to purchase an aggregate of 20,851 shares of Common Stock during the six months ended June 30, 2026 with initial exercise prices ranging from $48.52 per share to $110.32 per share. The warrants are exercisable for seven years after the issuance date and are subject to customary adjustments for stock dividends, stock splits, issuances of additional shares of common stock.

On January 28, 2025, the Company issued warrants to purchase 963 shares of common stock with an initial exercise price of $7,403.99 per share. The warrants may be exercised during the period commencing January 28, 2025 and ending January 28, 2032. The warrant exercise price is subject to customary adjustments for stock dividends, stock splits, issuances of additional shares of common stock. On

July 7, 2025, the Company entered into an inducement offer letter agreement and agreed to exercise part of the January 2025 Warrants of 263 shares at an exercise price of $379.40 per share.

On March 11, 2025, pursuant to the January 2025 SPA, the Company issued warrants to purchase 1,185 shares of Common Stock with an exercise price of $214.20 per share, which expire on March 11, 2032.