Management has evaluated events that have occurred subsequent to the date of these condensed consolidated financial statements through the date of filing. Based upon this review, the Company identified the following subsequent event that requires disclosure but did not require adjustment to the financial statements.

Subsequent to June 30, 2026, the operating lease for the Company’s former headquarters in San Diego, California terminated on July 26, 2026 (see Note 9). The termination did not result in any termination penalties to the Company, and the Company has no ongoing obligations under that lease following the termination date.

           On July 14, 2026, the Company entered into a new two-year lease, commencing July 15, 2026, for approximately 5,000 square feet in San Diego, California, which serves as its headquarters, with aggregate lease payments over the term of approximately $0.2 million.