Management has evaluated events subsequent to the six months ended June 30, 2026, up through August 13, 2026, for transactions and other events that may require adjustment of and/or disclosure in the consolidated financial statements.

Subsequent to June 30, 2026, the Company issued 1,942,055 shares of common stock in settlement of $2,114,000 of the outstanding balance under the second ELOC Agreement (Note 14). The shares were issued pursuant to six purchase notices delivered between July 1, 2026 and July 10, 2026 at share purchase prices of $1.07 to $1.10 per share. Following these settlements, the outstanding balance under the instrument was $5,849,641.

On July 2, 2026, AGA Precision Systems LLC and A&B Aerospace, Inc., both wholly owned subsidiaries of the Company, entered into a merger agreement pursuant to which AGA merged into A&B, with A&B continuing as the surviving entity. All membership interests in AGA were cancelled without consideration and all outstanding shares of A&B remain outstanding and unaffected. The merger was approved by the Company’s Board of Directors, acting as the sole shareholder of A&B and the sole member of AGA, and the effect and effective date of the merger are as prescribed by California law. As both entities are wholly owned subsidiaries of the Company, the merger has no effect on the consolidated financial statements.

On July 24, 2026, NorthStrive Acquisition Corp I, in which the Company holds a 51% interest through its wholly owned subsidiary NorthStrive Sponsor I LLC, publicly filed a registration statement with the SEC in respect of a proposed initial public offering of 10,000,000 units at a proposed price of $10.00 per unit, for gross proceeds of $100,000,000. The offering had not priced as of the date these condensed consolidated financial statements were issued, and there can be no assurance that it will be completed.