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font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">a.  General</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;">Enlivex Ltd. (formerly known as Enlivex Therapeutics Ltd.) (together with its consolidated subsidiaries, “<span style="text-decoration:underline">we</span>”, “<span style="text-decoration:underline">us</span>”, “<span style="text-decoration:underline">our</span>” or the “<span style="text-decoration:underline">Company</span>”), incorporated on January 22, 2012 under the laws of the State of Israel, is a longevity therapeutics Company focused on advancing therapies targeting inflammatory conditions associated with aging. The Company is currently focused on the treatment of osteoarthritis as its primary inflammatory indication, utilizing its lead therapeutic candidate, Allocetra™, a macrophage reprogramming therapy designed to restore immune balance and address inflammatory and degenerative conditions associated with aging.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s activities primarily consist of clinical development, including the conduct and management of clinical studies, regulatory interactions, and related corporate and administrative functions associated with advancing its therapeutic program.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On November 24, 2025, the Company adopted management’s treasury strategy centered on digital assets, primarily the RAIN token and related instruments. RAIN serves as the Company’s primary treasury reserve asset and is associated with a decentralized prediction-markets protocol built on blockchain infrastructure. Through this treasury strategy, the Company aims to provide investors with exposure to the emerging prediction-markets protocol. Management believes that, over time, this treasury strategy may potentially contribute to enhancing long-term shareholder value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"> The Company’s ordinary shares, par value of NIS 6.00 per share (“<span style="text-decoration:underline">Ordinary Shares</span>”), are traded under the symbol “ENLV” on the Nasdaq Capital Market. The Ordinary Shares formerly traded on the Tel Aviv Stock, but such trading ceased on April 26, 2026, following the Company’s voluntary delisting of the shares on such exchange. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">b.   Digital Asset Treasury Strategy –</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company has adopted a digital asset treasury strategy under which it holds digital assets, primarily RAIN digital assets, as significant components of its treasury reserves. As of the reporting date, substantially all of the Company’s treasury holdings consisted of RAIN and RAIN-related digital assts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">RAIN is a digital asset issued in connection with a decentralized protocol operating on the Arbitrum blockchain.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">RAIN functions as a governance and utility token within the protocol’s ecosystem, which is designed to enable the creation and participation in decentralized prediction and options markets. RAIN does not include a native proof-of-stake mechanism or protocol-level staking rewards. Any economic benefits to token holders are derived from governance participation and protocol mechanisms that may affect token supply over time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company holds RAIN for treasury purposes and does not currently engage in short positions, leverage, or other strategies designed to reduce or hedge its net economic exposure to RAIN.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company holds its RAIN digital assets with a third-party custodian that provides custody and safeguarding services for digital assets. The custodial wallets are maintained in segregated qualified custodial accounts in the Company’s name.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of the reporting date, the Company holds its RAIN tokens on a passive, non-yield-generating basis and does not deploy them into third-party protocols or smart contracts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company may, from time to time, utilize a portion of its RAIN holdings for liquidity management purposes or for participation in decentralized finance arrangements. RAIN supplied to third-party protocols would be subject to protocol-specific terms, which may include withdrawal restrictions, lock-up periods, or delays in the ability to access or transfer the tokens.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">c.  Financial resources</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company devotes substantially all of its efforts to research and development activities and to raising capital to support such activities. Accordingly, the Company is subject to significant risks and uncertainties, including the risk of not securing additional funding before achieving sustainable operating revenues and profitability. Since inception, the Company’s research and development activities have required significant capital investment. The Company has historically incurred operating losses and negative operating cash flows and expects to continue to incur operating losses for the foreseeable future.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2026 and for the year ended December 31, 2025, the Company recognized significant unrealized gains related to its RAIN digital asset holdings and the Company’s purchase option to acquire additional RAIN tokens (the “RAIN Option”), which resulted in net income and a positive accumulated earnings balance as of June 30, 2026. These gains are primarily non-operating in nature and do not reflect profitability from the Company’s core clinical operating activities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s ability to achieve sustainable profitability from operations in the longer term remains dependent on several factors, including: (i) obtaining sufficient financing; (ii) the successful commercialization of its product candidates or the establishment of revenue-generating collaborations; (iii) the success of its research and development activities; (iv) competitive developments within the biotechnology and pharmaceutical industries; and (v) the receipt of required regulatory approvals and market acceptance of its product candidates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In assessing the Company’s ability to meet its obligations as they become due during the look-forward period, management considered all liquidity sources available as of the date of publishing these financial statements, including the Company’s digital asset holdings. The Company maintains a portion of its RAIN holdings in an unencumbered and readily available form to meet short-term obligations. RAIN is traded in exchange for the USDT stablecoin; therefore, any sale of RAIN by the Company would result in the receipt of USDT, which would then need to be converted into U.S. dollars to obtain cash. Rain is traded in an active market characterized by sufficient transaction frequency and volume to provide reliable, ongoing pricing information, and is not subject to sale restrictions that would impair its availability. Management believes these unencumbered holdings can be converted to cash promptly and at a low transaction cost. However, the economic value of these holdings is subject to potentially significant short-term fluctuation due to the price volatility characteristic of digital asset markets. Accordingly, in assessing the sufficiency of liquidity for the look-forward period, management performed sensitivity analysis over adverse price scenarios for these holdings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Based on current financial resources and expected expenditures, management and the Board of Directors believe that the Company has sufficient resources to fund its operations for at least twelve months following the date of filing of these financial statements with the U.S. Securities and Exchange Commission (the “SEC”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company may, however, seek to raise additional capital during this period, as the Board deems appropriate. The Company intends to finance its operations primarily through equity and equity-linked financing (including convertible debt) and, in the longer term, through revenues from its product candidates. There can be no assurance that such long-term financing will be available on acceptable terms, or at all.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">d. Approval of financial statements</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">These financial statements were approved by the Board on September 23, 2026.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">e.   </span>On May 12, 2026, the Company received a notification from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of the Ordinary Shares remained below the minimum required bid price of $1.00 per share for 30 consecutive business days. The Company was granted a compliance period of 180 calendar days to regain compliance with the minimum bid price requirement.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On June 5, 2026, the Board of Directors approved the implementation of a 1-for-15 reverse share split, which became effective on July 9, 2026. Following the reverse share split, the Company regained compliance with the minimum bid price requirement by maintaining a closing bid price of at least $1.00 per share for the required period.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On July 23, 2026, the Company received written confirmation from Nasdaq that it had regained compliance with Listing Rule 5550(a)(2).</span></p> 6 1 P30D 1 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Basis of presentation</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">These unaudited condensed consolidated financial statements include the accounts of the Company and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been made.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;">These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited annual consolidated financial statements and notes thereto included in the Company’s 2025 Annual Report on Form 20-F, as filed with the SEC on March 25, 2026 (the “<span style="text-decoration:underline">Annual Financial Statements</span>”). The results of operations for the interim periods presented herein are not necessarily indicative of the operating results for any future period. The December 31, 2025 financial information has been derived from the Annual Financial Statements.</p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Use of estimates</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities. The Company’s management believes that the estimates, judgments and assumptions used were reasonable based upon information available at the time they were made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts in the statements of operations during each reporting period. Actual results could differ materially from those estimates.</span></p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Functional currency and translation to the reporting currency </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The functional currency of the Company is the U.S. dollar because the U.S. dollar is the currency of the primary economic environment in which the Company operates and expects to continue to operate in the foreseeable future.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Transactions denominated in currencies other than the functional currency are translated at the exchange rates in effect at the date of the transaction.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">1 U.S. dollar = 2.978 NIS and 3.19 NIS as of June 30, 2026 and December 31, 2025, respectively.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The U.S. dollar decreased against the NIS: (5.91)%, (6.65)%, (9.31)% and (7.54)% during the three and six-month periods ended June 30, 2026 and 2025, respectively.</span> </p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Digital assets</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Digital assets consist primarily of RAIN tokens. The Company’s accounting policy for digital assets is consistent with that disclosed in the Company’s annual audited consolidated financial statements for the year ended December 31, 2025. Digital assets are measured at fair value in accordance with ASC 350-60, with changes in fair value recognized in earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The fair value of digital assets is determined in accordance with ASC 820 based on quoted prices in active markets for identical assets. In determining fair value, the Company identifies the principal market, defined as the market with the greatest volume and level of activity to which the Company has access, and uses prices from that market. The Company evaluates the principal market at each reporting date based on observable trading activity and available market data.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s digital assets are classified within Level 1 of the fair value hierarchy, as fair value is based on observable quoted prices in active markets.</span></p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Digital assets purchase option</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s accounting policy for the RAIN Option is consistent with that disclosed in the Annual Financial Statements.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The RAIN Option represents a derivative financial instrument within the scope of ASC 815 and is recognized at fair value upon initial recognition and subsequently remeasured at fair value at each reporting date, with changes in fair value recognized in earnings. The fair value of the RAIN Option is determined in accordance with ASC 820 using valuation techniques that incorporate observable market data, including the price of the underlying digital asset and other market-based inputs. The Company classifies the RAIN Option within Level 2 of the fair value hierarchy, as the valuation is based primarily on observable inputs.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company reassesses the valuation inputs and assumptions at each reporting date to reflect current market conditions.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The RAIN Option represented a significant component of the Company’s financial position as of June 30, 2026.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Convertible Debt and Embedded Derivatives</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company accounts for convertible debt instruments in accordance with ASC 470.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Debt is initially recognized at the amount of proceeds received, net of original issue discounts and issuance costs. The difference between the proceeds received and the contractual repayment amount is recorded as an original issue discount (“OID”). Subsequent to initial recognition, the debt is measured at amortized cost using the effective interest method. Amortization of the OID and issuance costs is recognized as interest expense over the term of the instrument.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company evaluates all features embedded in debt instruments in accordance with ASC 815 to determine whether bifurcation is required. Embedded features are bifurcated from the host contract and accounted for separately as derivative liabilities when: (i) the economic characteristics and risks of the embedded feature are not clearly and closely related to those of the host contract; (ii) the embedded feature meets the definition of a derivative; and (iii) the embedded feature does not qualify for the equity scope exception.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Derivative Liabilities</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Derivative liabilities are initially recognized at fair value and are remeasured at fair value at each reporting date, with changes in fair value recognized in earnings. The Company measures derivative liabilities using valuation techniques that incorporate significant unobservable inputs and classifies such instruments within Level 3 of the fair value hierarchy under ASC 820.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Debt Issuance Costs</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">When a debt instrument includes embedded features that are bifurcated and accounted for separately as derivative liabilities, transaction costs incurred in connection with the issuance of such debt instrument are allocated between the debt host contract and the derivative components based on their relative fair values at initial recognition. The portion of issuance costs allocated to the debt host contract is presented as a direct deduction from the carrying amount of the debt and is amortized to interest expense using the effective interest method over the term of the instrument. The portion of issuance costs allocated to the derivative components is recognized in earnings as incurred and is not deferred.</span></p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Earnings (loss) per share</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted-average number of Ordinary Shares outstanding during the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue Ordinary Shares were exercised or converted into Ordinary Shares, in accordance with ASC 260, “Earnings per Share.” The following data show the amounts used in computing earnings (loss) per share and the effect on income (loss):</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Income (loss) from continuing operations</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,891,614</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,868</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,949,047</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5,320</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares outstanding</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">114.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">120.10</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2026, the Company reported net income and included the effect of dilutive securities in the calculation of diluted earnings per share.</span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2025, the Company reported a net loss. Accordingly, all potentially dilutive securities were excluded from the calculation of diluted loss per share, as their inclusion would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(in thousands except share and per share data)</span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares - basic</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Effect of dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1057231411;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1748002677;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1495330271;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_31433989;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,637,924</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720452918;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,576,763</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2134048031;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,662</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720068219;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25,353</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1337777859;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1960783018;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1039340246;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares – diluted</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">19,333,464</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17,960,437</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">97.80</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">108.50</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following potential Ordinary Shares were excluded from the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Anti-dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of Ordinary Shares issuable under convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1096406344;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1679044778;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1237647595;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_215223280;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,961</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,521</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">178,977</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,741</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1766848803;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,053</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1069157908;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,681</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">249,765</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">608,919</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">369,078</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">609,380</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares excluded from diluted earnings (loss) per share</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">427,726</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">878,493</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">548,055</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">879,802</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Risk Management and Concentration of Digital Asset Exposure</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s exposure to risks associated with its digital assets, including RAIN, the related RAIN Option and USDT holdings, is consistent with the disclosures included in the Annual Financial Statements, except as described below.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Digital assets and the related RAIN Option continued to represent a substantial majority of the Company’s total assets as of June 30, 2026. Accordingly, the Company remains exposed to concentration risk associated with its reliance on a limited number of digital assets, primarily RAIN. This concentration exposes the Company to significant volatility in its financial position and results of operations.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is exposed to market price risk due to fluctuations in the quoted price of RAIN tokens. Changes in market prices are recognized in earnings in the period in which they occur.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the six months ended June 30, 2026, the Company held USDT, a stablecoin commonly used for settlement of digital asset transactions. While USDT is designed to maintain a stable value relative to the U.S. dollar, it is subject to risks associated with its issuer, market liquidity and the underlying reserve mechanisms. Accordingly, the Company is exposed to risks related to the stability and convertibility of USDT into U.S. dollars.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is also exposed to valuation risk related to the measurement of the RAIN Option, which is affected by changes in market inputs, including the price of RAIN and expected volatility.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is also exposed to liquidity risk associated with its repayment obligations under the Note (as defined in Note 12). The Note contains scheduled repayment obligations and customary events of default and acceleration provisions. The occurrence of an event of default could require the Company to repay its obligations earlier than scheduled and could result in the enforcement of the lender’s security interest in certain pledged digital assets.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company continues to hold its digital assets, including USDT, with third-party custodians in segregated accounts. Digital assets remain subject to cybersecurity, operational and custodial risks inherent in digital asset custody.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">There have been no material changes in the Company’s concentrations of credit risk from those disclosed in the Annual Financial Statements, except for the addition of exposure to stablecoins as described above.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Significant Accounting Policies</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">There have been no material changes to the significant accounting policies previously disclosed in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>New Accounting Standards Recently Adopted</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Measurements of Credit Losses for Accounts Receivable and Contract Assets</i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In July 2025, the FASB issued ASU No. 2025-05, “Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses for Accounts Receivable and Contract Assets.” This ASU provides a practical expedient that allows entities to assume that current conditions as of the balance sheet date do not change for the remaining life of the asset when estimating expected credit losses for current accounts receivable and current contract assets that arise from transactions accounted for under ASC Topic 606, “Revenue from Contracts with Customers”.  The adoption of this ASU as of January 1, 2026 did not have a material impact on the Company’s consolidated financial statements and disclosures.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>New Accounting Standards Not Yet Adopted</i></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Disaggregation of Income Statement Expenses</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In November 2024, the FASB issued ASU No. 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures,” which requires additional disclosure of certain costs and expenses in the notes to the financial statements. The updated standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning after December 15, 2027. Early adoption is permitted and will be applied prospectively with the option for retrospective application. This ASU will likely result in additional disclosures, the Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements and disclosures.</span></p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Accounting for Internal-Use Software</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In September 2025, the FASB issued ASU No. 2025-06, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Simplifying the Accounting for Internal-Use Software.” The updated guidance changes the capitalization criteria for internal-use software by replacing the existing stage-based model with a principles-based approach focused on the point at which management authorizes the software project, funding is approved, and it is probable that the software will be completed and used as intended. Costs that do not directly relate to the development of internal-use software, such as training, data conversion, and ongoing maintenance, will continue to be expensed as incurred. This standard is effective for annual and interim periods beginning after December 15, 2027. Early adoption is permitted and the standard will be applied prospectively. The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements or disclosures.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Interim Reporting</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In December 2025, the FASB issued ASU 2025-11, “Interim Reporting (Topic 270) Narrow-Scope Improvements,” which provides clarifications intended to improve the consistency and usability of interim disclosure requirements, including a comprehensive listing of required interim disclosures and a new disclosure principle for reporting material events occurring after the most recent annual period. The amendments do not change the underlying objectives of interim reporting but are designed to enhance clarity in application. The guidance is effective for interim periods beginning after December 15, 2027. The Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements and disclosures.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Basis of presentation</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">These unaudited condensed consolidated financial statements include the accounts of the Company and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been made.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;">These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited annual consolidated financial statements and notes thereto included in the Company’s 2025 Annual Report on Form 20-F, as filed with the SEC on March 25, 2026 (the “<span style="text-decoration:underline">Annual Financial Statements</span>”). The results of operations for the interim periods presented herein are not necessarily indicative of the operating results for any future period. The December 31, 2025 financial information has been derived from the Annual Financial Statements.</p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Use of estimates</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities. The Company’s management believes that the estimates, judgments and assumptions used were reasonable based upon information available at the time they were made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts in the statements of operations during each reporting period. Actual results could differ materially from those estimates.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Functional currency and translation to the reporting currency </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The functional currency of the Company is the U.S. dollar because the U.S. dollar is the currency of the primary economic environment in which the Company operates and expects to continue to operate in the foreseeable future.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Transactions denominated in currencies other than the functional currency are translated at the exchange rates in effect at the date of the transaction.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">1 U.S. dollar = 2.978 NIS and 3.19 NIS as of June 30, 2026 and December 31, 2025, respectively.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The U.S. dollar decreased against the NIS: (5.91)%, (6.65)%, (9.31)% and (7.54)% during the three and six-month periods ended June 30, 2026 and 2025, respectively.</span> </p> 0.01 0.02978 0.0319 -0.0591 -0.0665 -0.0931 -0.0754 <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Digital assets</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Digital assets consist primarily of RAIN tokens. The Company’s accounting policy for digital assets is consistent with that disclosed in the Company’s annual audited consolidated financial statements for the year ended December 31, 2025. Digital assets are measured at fair value in accordance with ASC 350-60, with changes in fair value recognized in earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The fair value of digital assets is determined in accordance with ASC 820 based on quoted prices in active markets for identical assets. In determining fair value, the Company identifies the principal market, defined as the market with the greatest volume and level of activity to which the Company has access, and uses prices from that market. The Company evaluates the principal market at each reporting date based on observable trading activity and available market data.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s digital assets are classified within Level 1 of the fair value hierarchy, as fair value is based on observable quoted prices in active markets.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Digital assets purchase option</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s accounting policy for the RAIN Option is consistent with that disclosed in the Annual Financial Statements.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The RAIN Option represents a derivative financial instrument within the scope of ASC 815 and is recognized at fair value upon initial recognition and subsequently remeasured at fair value at each reporting date, with changes in fair value recognized in earnings. The fair value of the RAIN Option is determined in accordance with ASC 820 using valuation techniques that incorporate observable market data, including the price of the underlying digital asset and other market-based inputs. The Company classifies the RAIN Option within Level 2 of the fair value hierarchy, as the valuation is based primarily on observable inputs.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company reassesses the valuation inputs and assumptions at each reporting date to reflect current market conditions.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The RAIN Option represented a significant component of the Company’s financial position as of June 30, 2026.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Convertible Debt and Embedded Derivatives</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company accounts for convertible debt instruments in accordance with ASC 470.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Debt is initially recognized at the amount of proceeds received, net of original issue discounts and issuance costs. The difference between the proceeds received and the contractual repayment amount is recorded as an original issue discount (“OID”). Subsequent to initial recognition, the debt is measured at amortized cost using the effective interest method. Amortization of the OID and issuance costs is recognized as interest expense over the term of the instrument.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company evaluates all features embedded in debt instruments in accordance with ASC 815 to determine whether bifurcation is required. Embedded features are bifurcated from the host contract and accounted for separately as derivative liabilities when: (i) the economic characteristics and risks of the embedded feature are not clearly and closely related to those of the host contract; (ii) the embedded feature meets the definition of a derivative; and (iii) the embedded feature does not qualify for the equity scope exception.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Derivative Liabilities</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Derivative liabilities are initially recognized at fair value and are remeasured at fair value at each reporting date, with changes in fair value recognized in earnings. The Company measures derivative liabilities using valuation techniques that incorporate significant unobservable inputs and classifies such instruments within Level 3 of the fair value hierarchy under ASC 820.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Debt Issuance Costs</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i> </i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">When a debt instrument includes embedded features that are bifurcated and accounted for separately as derivative liabilities, transaction costs incurred in connection with the issuance of such debt instrument are allocated between the debt host contract and the derivative components based on their relative fair values at initial recognition. The portion of issuance costs allocated to the debt host contract is presented as a direct deduction from the carrying amount of the debt and is amortized to interest expense using the effective interest method over the term of the instrument. The portion of issuance costs allocated to the derivative components is recognized in earnings as incurred and is not deferred.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Earnings (loss) per share</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted-average number of Ordinary Shares outstanding during the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue Ordinary Shares were exercised or converted into Ordinary Shares, in accordance with ASC 260, “Earnings per Share.” The following data show the amounts used in computing earnings (loss) per share and the effect on income (loss):</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Income (loss) from continuing operations</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,891,614</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,868</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,949,047</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5,320</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares outstanding</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">114.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">120.10</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2026, the Company reported net income and included the effect of dilutive securities in the calculation of diluted earnings per share.</span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2025, the Company reported a net loss. Accordingly, all potentially dilutive securities were excluded from the calculation of diluted loss per share, as their inclusion would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(in thousands except share and per share data)</span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares - basic</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Effect of dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1057231411;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1748002677;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1495330271;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_31433989;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,637,924</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720452918;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,576,763</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2134048031;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,662</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720068219;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25,353</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1337777859;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1960783018;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1039340246;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares – diluted</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">19,333,464</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17,960,437</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">97.80</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">108.50</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following potential Ordinary Shares were excluded from the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Anti-dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of Ordinary Shares issuable under convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1096406344;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1679044778;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1237647595;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_215223280;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,961</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,521</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">178,977</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,741</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1766848803;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,053</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1069157908;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,681</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">249,765</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">608,919</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">369,078</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">609,380</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares excluded from diluted earnings (loss) per share</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">427,726</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">878,493</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">548,055</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">879,802</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> The following data show the amounts used in computing earnings (loss) per share and the effect on income (loss):<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Income (loss) from continuing operations</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,891,614</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,868</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,949,047</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5,320</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares outstanding</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Basic earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">114.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">120.10</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table><p style="margin-left: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2025, the Company reported a net loss. Accordingly, all potentially dilutive securities were excluded from the calculation of diluted loss per share, as their inclusion would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(in thousands except share and per share data)</span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares - basic</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,540,934</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,232,377</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Effect of dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1057231411;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1748002677;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1495330271;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_31433989;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,637,924</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720452918;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,576,763</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2134048031;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,662</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_720068219;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25,353</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1337777859;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1960783018;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">125,944</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1039340246;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted-average number of shares – diluted</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">19,333,464</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,590,378</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17,960,437</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,587,165</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Diluted earnings (loss) per share</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">97.80</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1.20</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">108.50</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(3.40</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr></tbody></table><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following potential Ordinary Shares were excluded from the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands except share and per share data)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Anti-dilutive securities:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of Ordinary Shares issuable under convertible debt</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1096406344;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1679044778;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1237647595;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_215223280;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of stock options</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,961</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,521</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">178,977</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,741</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of restricted stock units</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1766848803;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,053</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1069157908;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,681</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average number of warrants</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">249,765</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">608,919</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">369,078</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">609,380</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares excluded from diluted earnings (loss) per share</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">427,726</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">878,493</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">548,055</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">879,802</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> -1891614000 1868000 -1949047000 5320000 16540934 1590378 16232377 1587165 114.4 -1.2 120.1 -3.4 16540934 1590378 16232377 1587165 2637924 1576763 28662 25353 125944 125944 19333464 1590378 17960437 1587165 97.8 -1.2 108.5 -3.4 177961 191521 178977 191741 78053 78681 249765 608919 369078 609380 427726 878493 548055 879802 <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Risk Management and Concentration of Digital Asset Exposure</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s exposure to risks associated with its digital assets, including RAIN, the related RAIN Option and USDT holdings, is consistent with the disclosures included in the Annual Financial Statements, except as described below.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Digital assets and the related RAIN Option continued to represent a substantial majority of the Company’s total assets as of June 30, 2026. Accordingly, the Company remains exposed to concentration risk associated with its reliance on a limited number of digital assets, primarily RAIN. This concentration exposes the Company to significant volatility in its financial position and results of operations.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is exposed to market price risk due to fluctuations in the quoted price of RAIN tokens. Changes in market prices are recognized in earnings in the period in which they occur.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the six months ended June 30, 2026, the Company held USDT, a stablecoin commonly used for settlement of digital asset transactions. While USDT is designed to maintain a stable value relative to the U.S. dollar, it is subject to risks associated with its issuer, market liquidity and the underlying reserve mechanisms. Accordingly, the Company is exposed to risks related to the stability and convertibility of USDT into U.S. dollars.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is also exposed to valuation risk related to the measurement of the RAIN Option, which is affected by changes in market inputs, including the price of RAIN and expected volatility.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is also exposed to liquidity risk associated with its repayment obligations under the Note (as defined in Note 12). The Note contains scheduled repayment obligations and customary events of default and acceleration provisions. The occurrence of an event of default could require the Company to repay its obligations earlier than scheduled and could result in the enforcement of the lender’s security interest in certain pledged digital assets.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company continues to hold its digital assets, including USDT, with third-party custodians in segregated accounts. Digital assets remain subject to cybersecurity, operational and custodial risks inherent in digital asset custody.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">There have been no material changes in the Company’s concentrations of credit risk from those disclosed in the Annual Financial Statements, except for the addition of exposure to stablecoins as described above.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>Significant Accounting Policies</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">There have been no material changes to the significant accounting policies previously disclosed in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>New Accounting Standards Recently Adopted</i></span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Measurements of Credit Losses for Accounts Receivable and Contract Assets</i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In July 2025, the FASB issued ASU No. 2025-05, “Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses for Accounts Receivable and Contract Assets.” This ASU provides a practical expedient that allows entities to assume that current conditions as of the balance sheet date do not change for the remaining life of the asset when estimating expected credit losses for current accounts receivable and current contract assets that arise from transactions accounted for under ASC Topic 606, “Revenue from Contracts with Customers”.  The adoption of this ASU as of January 1, 2026 did not have a material impact on the Company’s consolidated financial statements and disclosures.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"><i>New Accounting Standards Not Yet Adopted</i></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Disaggregation of Income Statement Expenses</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In November 2024, the FASB issued ASU No. 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures,” which requires additional disclosure of certain costs and expenses in the notes to the financial statements. The updated standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning after December 15, 2027. Early adoption is permitted and will be applied prospectively with the option for retrospective application. This ASU will likely result in additional disclosures, the Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements and disclosures.</span></p><p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Accounting for Internal-Use Software</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In September 2025, the FASB issued ASU No. 2025-06, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Simplifying the Accounting for Internal-Use Software.” The updated guidance changes the capitalization criteria for internal-use software by replacing the existing stage-based model with a principles-based approach focused on the point at which management authorizes the software project, funding is approved, and it is probable that the software will be completed and used as intended. Costs that do not directly relate to the development of internal-use software, such as training, data conversion, and ongoing maintenance, will continue to be expensed as incurred. This standard is effective for annual and interim periods beginning after December 15, 2027. Early adoption is permitted and the standard will be applied prospectively. The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements or disclosures.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i>Interim Reporting</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><i> </i></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In December 2025, the FASB issued ASU 2025-11, “Interim Reporting (Topic 270) Narrow-Scope Improvements,” which provides clarifications intended to improve the consistency and usability of interim disclosure requirements, including a comprehensive listing of required interim disclosures and a new disclosure principle for reporting material events occurring after the most recent annual period. The amendments do not change the underlying objectives of interim reporting but are designed to enhance clarity in application. The guidance is effective for interim periods beginning after December 15, 2027. The Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements and disclosures.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 3 – CASH, CASH EQUIVALENTS AND RESTRICTED CASH</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet, including location of amounts reported in the accompanying consolidated balance sheets, that sum to the total of the same amounts shown in the statement of cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Cash held in banks</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,504</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,580</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits with original maturities of three months or less (annual average interest rate 4.2 %and 4.2%, respectively)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,014</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">314</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cash and cash equivalents</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5,518</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,894</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash – current – Prepaid expenses and other receivables</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash – noncurrent – Other assets</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">400</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">366</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cash, cash equivalents and restricted cash shown in the statement of cash flows</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,031</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,373</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet, including location of amounts reported in the accompanying consolidated balance sheets, that sum to the total of the same amounts shown in the statement of cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Cash held in banks</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,504</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,580</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits with original maturities of three months or less (annual average interest rate 4.2 %and 4.2%, respectively)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,014</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">314</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cash and cash equivalents</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5,518</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,894</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash – current – Prepaid expenses and other receivables</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash – noncurrent – Other assets</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">400</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">366</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cash, cash equivalents and restricted cash shown in the statement of cash flows</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,031</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,373</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 3504000 1580000 0.042 0.042 2014000 314000 5518000 1894000 113000 113000 400000 366000 6031000 2373000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 4 – SHORT TERM DEPOSITS</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits in U.S. $ (annual average interest rate 5.863%)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1760059832;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">61</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits in NIS (annual average interest rate 4.410%)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_37337684;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,800</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_918512658;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,861</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits in U.S. $ (annual average interest rate 5.863%)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1760059832;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">61</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank deposits in NIS (annual average interest rate 4.410%)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_37337684;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,800</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_918512658;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,861</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 0.05863 61000 0.0441 3800000 3861000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 5 – PREPAID EXPENSES AND OTHER RECEIVABLES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Prepaid expenses</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,110</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,851</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Tax authorities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">172</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Receivables on account of assets sold</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">235</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Others</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,420</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4,361</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Prepaid expenses</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,110</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,851</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Tax authorities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">172</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Receivables on account of assets sold</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">235</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Others</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">113</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,420</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4,361</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 3110000 3851000 172000 162000 25000 235000 113000 113000 3420000 4361000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 6 – DIGITAL ASSETS</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026 and December 31, 2025, the Company held 79,568,550,005 and 75,789,453,031 RAIN tokens, respectively, with a fair value of $ 1,254,136 thousand and $606,781 thousand, respectively.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the six months ended June 30, 2026, the Company held 10,000,000 USDT tokens with a fair value of $10,000 thousand. USDT activity during the period primarily reflects transactions used for the acquisition of RAIN digital assets.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents the changes in the Company’s digital assets for the six months ended June 30, 2026:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six-month period ended June 30, 2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">RAIN</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">USDT</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 64%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_710013747;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Purchases</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">30,203</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40,203</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Sales</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1259177102;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Unrealized gains (losses)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1282587046;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1070006834;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the six months ended June 30, 2026, the Company reassessed the markets in which it transacts in RAIN and concluded that there is no change in the principal market compared to that used for the year ended December 31, 2025.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026, the Company’s digital asset holdings were not subject to contractual sale restrictions or lock-up provisions. However, certain digital assets are pledged as collateral in connection with the Company’s obligations under the Note and are subject to security interests and related control mechanisms, which may affect the Company’s ability to transfer such assets. Please see Note 12 for additional information.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026 and December 31, 2025, the Company’s digital assets consisted of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30, 2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31, 2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands except token amounts)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Tokens</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Fair Value</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Tokens</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Fair Value</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN – current</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,809,400,004</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,328</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,030,303,030</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,273</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN – noncurrent</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">72,759,150,001</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,808</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">72,759,150,001</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total RAIN</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79,568,550,005</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">75,789,453,031</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total USDT – current</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_192088010;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_757520820;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_71482427;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_485500627;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total digital assets</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The components of income on digital assets, net, were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Unrealized gains recognized in earnings</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">605,453</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1173253094;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_113699927;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Commissions to custodian and to asset manager</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4,014</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_431431526;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(7,389</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_609470990;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Realized gains (losses) recognized in earnings</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2016515300;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_978768942;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_654399208;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_114754577;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">601,439</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_669340699;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">609,763</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1608257926;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 79568550005 75789453031 1254136000 606781000 10000000 10000000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents the changes in the Company’s digital assets for the six months ended June 30, 2026:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six-month period ended June 30, 2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">RAIN</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">USDT</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 64%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_710013747;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Purchases</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">30,203</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40,203</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Sales</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1259177102;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Unrealized gains (losses)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1282587046;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1070006834;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 606781000 606781000 30203000 10000000 40203000 -10000000 -10000000 617152000 617152000 1254136000 1254136000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026 and December 31, 2025, the Company’s digital assets consisted of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30, 2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31, 2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands except token amounts)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Tokens</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Fair Value</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Tokens</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Fair Value</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-indent: -0.125in; padding-left: 0.125in;"></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN – current</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,809,400,004</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,328</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,030,303,030</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,273</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN – noncurrent</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">72,759,150,001</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,808</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">72,759,150,001</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total RAIN</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79,568,550,005</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">75,789,453,031</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total USDT – current</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_192088010;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_757520820;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_71482427;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_485500627;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-indent: -0.125in; padding-left: 0.125in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total digital assets</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,781</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 6809400004 107328000 3030303030 24273000 72759150001 1146808000 72759150001 582508000 79568550005 1254136000 75789453031 606781000 1254136000 606781000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The components of income on digital assets, net, were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Unrealized gains recognized in earnings</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">605,453</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1173253094;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">617,152</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_113699927;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Commissions to custodian and to asset manager</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4,014</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_431431526;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(7,389</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_609470990;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Realized gains (losses) recognized in earnings</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2016515300;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_978768942;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_654399208;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_114754577;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">601,439</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_669340699;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">609,763</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1608257926;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 605453000 617152000 4014000 7389000 601439000 609763000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 7 – DIGITAL ASSETS PURCHASE OPTION</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On March 15, 2026, the Company and the RAIN Foundation amended the RAIN Option to extend its contractual expiration date from December 1, 2026 to December 31, 2027. No other material terms of the RAIN Option were modified.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company evaluated the amendment in accordance with ASC 815 and concluded that the modification represents a continuation of the existing derivative instrument. Accordingly, the impact of the extension was reflected in the fair value measurement as of the modification date.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The fair value of the RAIN Option continues to be determined in accordance with ASC 820 using a Black-Scholes valuation model. The valuation incorporates observable market inputs, including the quoted market price of RAIN and market-derived measures of expected volatility based on available trading data.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026, the RAIN Option was classified within Level 2 of the fair value hierarchy, as the valuation is based primarily on observable inputs.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following key assumptions were used in the valuation of the RAIN Option:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Risk-free interest rate</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.1</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.5</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expected volatility</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">131</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">184</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN market price (per token)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015762</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.008006</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual term (years)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.50</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.92</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise price</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.0033</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.0033</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The fair value of the RAIN Option is highly sensitive to changes in the market price of RAIN and expected volatility.</span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents a roll-forward of the RAIN Option asset measured using Level 2 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,790,008</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2041555134;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_276544217;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Fair value upon initial recognition</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1255551919;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_233702452;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1961246558;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_650946883;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value recognized in earnings</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,862,461</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1551528991;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,943,680</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1076191628;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Settlements / conversions</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(17,732</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1688711911;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(17,732</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1328757550;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period (fair value)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1648198592;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1411407380;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following key assumptions were used in the valuation of the RAIN Option:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Risk-free interest rate</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.1</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.5</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expected volatility</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">131</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">184</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN market price (per token)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015762</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.008006</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual term (years)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.50</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.92</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise price</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.0033</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.0033</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 0.041 0.035 1.31 1.84 0.015762 0.008006 P1Y6M P0Y11M1D 0.0033 0.0033 <p style="margin: 0pt 0pt 0pt 0.5in; font: 10pt Times New Roman, Times, Serif;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents a roll-forward of the RAIN Option asset measured using Level 2 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,790,008</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2041555134;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_276544217;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Fair value upon initial recognition</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1255551919;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_233702452;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1961246558;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_650946883;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value recognized in earnings</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,862,461</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1551528991;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,943,680</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1076191628;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Settlements / conversions</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(17,732</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1688711911;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(17,732</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1328757550;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period (fair value)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1648198592;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1411407380;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 1790008000 1708789000 1862461000 1943680000 -17732000 -17732000 3634737000 3634737000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 8 – PROPERTY AND EQUIPMENT</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Property and equipment, net consists of the following:</span></p> <p style="margin: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; font-style: normal; font-weight: normal;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">Cost:</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Laboratory equipment</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,072</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,072</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Computers</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">534</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">525</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Office furniture &amp; equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">124</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">124</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Leasehold improvements</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">947</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">947</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cost</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,677</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,668</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-decoration: none; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accumulated depreciation:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Laboratory equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,065</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,052</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Computers</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">450</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">410</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Office furniture &amp; equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">53</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">49</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Leasehold improvements</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">860</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">796</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total accumulated depreciation</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,428</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,307</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Depreciated cost</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">249</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">361</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Depreciation expenses for the three- and six-month periods ended June 30, 2026 and 2025 were $57, $121, $85 and $175 thousand, respectively.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Property and equipment, net consists of the following:</span></p> <p style="margin: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; font-style: normal; font-weight: normal;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">Cost:</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Laboratory equipment</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,072</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,072</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Computers</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">534</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">525</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Office furniture &amp; equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">124</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">124</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Leasehold improvements</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">947</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">947</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total cost</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,677</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,668</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-decoration: none; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accumulated depreciation:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Laboratory equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,065</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,052</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Computers</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">450</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">410</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Office furniture &amp; equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">53</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">49</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Leasehold improvements</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">860</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">796</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total accumulated depreciation</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,428</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,307</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Depreciated cost</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">249</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">361</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 2072000 2072000 534000 525000 124000 124000 947000 947000 3677000 3668000 2065000 2052000 450000 410000 53000 49000 860000 796000 3428000 3307000 249000 361000 57000 121000 85000 175000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 9 – OTHER ASSETS</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">400</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">366</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term deposit</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long-term prepaid expenses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">910</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_758039067;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Right-of-Use assets, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">589</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">577</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,906</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">951</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Restricted cash</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">400</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">366</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term deposit</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long-term prepaid expenses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">910</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_758039067;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Right-of-Use assets, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">589</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">577</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,906</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">951</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 400000 366000 7000 8000 910000 589000 577000 1906000 951000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 10 – ACCRUED EXPENSES AND OTHER LIABILITIES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vacation, convalescence and bonus accruals</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,824</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,728</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Employees and payroll related</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">416</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">339</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short-term operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">296</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">258</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accrued expenses and other</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,184</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,888</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">12,720</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5,213</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vacation, convalescence and bonus accruals</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,824</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,728</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Employees and payroll related</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">416</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">339</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short-term operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">296</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">258</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accrued expenses and other</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,184</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,888</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">12,720</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5,213</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 2824000 2728000 416000 339000 296000 258000 9184000 1888000 12720000 5213000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 11 – LEASES </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is a party to operating leases for its corporate offices, laboratory space and vehicles.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">The components of lease expense were as follows:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Operating leases expenses</span></td> <td style="width: 1%; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">139</span></td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">154</span></td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Supplemental consolidated cash flow information related to operating leases follows:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Cash used in operating activities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">139</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">163</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-cash activity:</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Right of use assets obtained in exchange for new operating lease liabilities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">137</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">43</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Supplemental information related to operating leases, including location of amounts reported in the accompanying consolidated balance sheets, follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Other assets - ROU assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,245</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,108</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accumulated amortization</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">656</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">531</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Operating lease ROU assets, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">589</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">577</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Lease liabilities – current - Accounts payable and accrued liabilities</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">296</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">258</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Lease liabilities – noncurrent</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">371</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">383</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average remaining lease term in years</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.54</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average annual discount rate</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr></tbody></table><p style="text-align: left; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Maturities of operating lease liabilities as of June 30, 2026, were as follows:</span></p> <p style="margin: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 88%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026 (after June 30)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">146</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2027</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">342</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2028</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">234</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2029</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total undiscounted lease liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">730</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Less: Imputed interest</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(63</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Present value of lease liabilities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">667</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is a party to operating leases for its corporate offices, laboratory space and vehicles.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">The components of lease expense were as follows:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Operating leases expenses</span></td> <td style="width: 1%; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">139</span></td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">154</span></td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Supplemental consolidated cash flow information related to operating leases follows:</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Cash used in operating activities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">139</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">163</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-cash activity:</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Right of use assets obtained in exchange for new operating lease liabilities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">137</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">43</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">ENLIVEX LTD.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2026 (UNAUDITED)</span></span></p> <div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Supplemental information related to operating leases, including location of amounts reported in the accompanying consolidated balance sheets, follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Other assets - ROU assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,245</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,108</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Accumulated amortization</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">656</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">531</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Operating lease ROU assets, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">589</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">577</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: left;"></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Lease liabilities – current - Accounts payable and accrued liabilities</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">296</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">258</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Lease liabilities – noncurrent</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">371</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">383</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average remaining lease term in years</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.54</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average annual discount rate</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr></tbody></table> 139000 154000 139000 163000 137000 43000 1245000 1108000 656000 531000 589000 577000 296000 258000 371000 383000 667000 641000 P2Y4M24D P1Y6M14D 0.049 0.049 <p style="text-align: left; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"></span><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Maturities of operating lease liabilities as of June 30, 2026, were as follows:</span></p> <p style="margin: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 88%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026 (after June 30)</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">146</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2027</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">342</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2028</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">234</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2029</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total undiscounted lease liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">730</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Less: Imputed interest</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(63</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Present value of lease liabilities</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">667</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 146000 342000 234000 8000 730000 63000 667000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 12 – CONVERTIBLE DEBT</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On March 23, 2026, the Company issued a senior secured convertible promissory note, due March 23, 2027 (the “Note”), with a face value of $21 million in exchange for gross proceeds of approximately $19 million. The difference between the proceeds and the face value is recorded as an OID.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Note matures 12 months from issuance and does not bear stated interest. The Note is repayable by the Company in nine monthly installments of approximately $2.3 million each, commencing on the 90^th day following the issuance date. The Company may settle such repayments of principal in cash, Ordinary Shares, or a combination thereof, subject to the terms of the Note, with cash repayments including an additional 4% premium. To secure the Company’s obligations under the Note, the Company entered into a security agreement, pursuant to which the Company granted to the holder of the Note a first priority security interest in certain of the Company’s accounts containing the Company’s digital assets, including its RAIN token portfolio, including, among other things, all digital assets and other assets in such accounts, all books and records related thereto and any and all proceeds thereof.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On June 22, 2026, the Company elected to settle the first scheduled principal installment under the Note by issuing 265,907 Ordinary Shares to the holder of the Note. The shares had an aggregate value of $2,485,000, which was applied toward the repayment of the first principal installment in accordance with the terms of the Note.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The debt host contract is accounted for as a financial liability in accordance with ASC 470 and is subsequently measured at amortized cost using the effective interest method.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Certain embedded features within the Note were bifurcated and accounted for as a derivative liability (see Note 13 – Derivative Liability). The issuance costs totaling $1,079,000 at initial recognition were allocated between the debt host contract and the derivative liability.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Note is presented net of unamortized discount and issuance costs totaling $1,790,000 as of June 30, 2026. Interest expense for the three and six-month periods ended June 30, 2026 included amortization of the OID and issuance costs of $1,328,000 and $1,442,000, respectively.</span> </p> 2027-03-23 21000000 19000000 2300000 0.04 265907 2485000000 1079000000 1790000000 1328000000 1442000000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 13 – DERIVATIVE LIABILITY</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">In connection with the issuance of the Note, the Company identified certain features embedded within the Note that require bifurcation and accounting as a single compound derivative liability in accordance with ASC 815.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">These derivative instruments primarily relate to:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(i) certain conversion features with variable or contingent pricing, and</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(ii) share settlement provisions based on market pricing mechanisms.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">These features are evaluated on a combined basis as a single compound embedded derivative.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company determined that these features result in variability in the number of Ordinary Shares that may be issued, incorporate market-based pricing inputs, and include contingent provisions that may affect the settlement amount or method upon the occurrence of specified events. Such features expose the holder to returns that are not consistent with a fixed-for-fixed equity structure and do not qualify for the equity scope exception. Accordingly, these features were bifurcated and are accounted for as a derivative liability.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The derivative liability is remeasured at fair value at each reporting date, with changes in fair value recognized in earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company applied a Monte Carlo simulation model to estimate the fair value of the derivative liability, as this approach captures the path-dependent and non-linear characteristics of the instrument, including settlement features based on trading price metrics and other market-based conditions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The valuation of the derivative liability incorporates significant inputs, including: expected volatility of the Company’s share price, risk-free interest rate; expected term of the instrument; expected settlement behavior; and probability and timing of contingent events.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The fair value of the derivative liability is highly sensitive to changes in the price of the Ordinary Shares and expected volatility.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following key assumptions were used in the valuation of the derivative liability:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">March 23,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Risk-free interest rate</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.76</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expected volatility</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual term (years)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.65</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.92</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents a roll-forward of the derivative liabilities measured using Level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1521896843;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1648759446;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Fair value upon initial recognition</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_758348465;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value recognized in earnings</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(16</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1730171114;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Settlements / conversions</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(18</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1360354599;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period (fair value)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_383408893;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">At issuance, transaction costs of $9,000 attributable to these derivative instruments were expensed as incurred.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following key assumptions were used in the valuation of the derivative liability:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">March 23,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Risk-free interest rate</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.76</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expected volatility</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">%</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual term (years)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.65</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.92</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 0.04 0.0376 0.832 0.772 0.65 0.92 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table presents a roll-forward of the derivative liabilities measured using Level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1521896843;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1648759446;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="width: 76%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Fair value upon initial recognition</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_758348465;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value recognized in earnings</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(16</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1730171114;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Settlements / conversions</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(18</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1360354599;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Balance at end of period (fair value)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_383408893;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 162000 -16000 -18000 128000 9000000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 14 – COMMITMENTS AND CONTINGENT LIABILITIES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company is required to pay royalties to the State of Israel (represented by the Israel Innovation Authority, Ministry of Industry, Trade and Labor (the “IIA”)), computed on the basis of proceeds from the sale or license of products for development supported by IIA grants. These royalties are generally 3% - 5% of sales until repayment of 100% of the grants (linked to the U.S. dollar) received by the Company plus annual interest.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The aggregate contingent obligation payable by the Company to the IIA as of June 30, 2026 was approximately $10.2 million, which represented the gross amount of grants received by the Company from the IIA, including accrued interest. As of June 30, 2026, the Company had not paid any royalties to the IIA.</span> </p> 0.03 0.05 1 10200000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 15 – EQUITY </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">a)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On February 3, 2026, at a shareholders’ meeting of the Company, the shareholders approved:</span></td> </tr></tbody></table> <p style="margin-top: 0; margin-bottom: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.75in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">i.</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Amended and restated Articles of Association increasing the Company’s authorized share capital to 158,333,333 registered Ordinary Shares with a nominal value of NIS 6.00 each.</span></td> </tr></tbody> </table> <p style="margin-top: 0; margin-bottom: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.75in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">ii.</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">A resolution authorizing the Board of Directors to effect a reverse share split of the Ordinary Shares at a ratio ranging from 1-for-2 to 1-for-20, with the final ratio and effective date to be determined by the Board within 12 months of the approval date. On June 5, 2026, the Board approved the implementation of a 1-for-15 reverse share split of the Ordinary Shares, which became effective on July 9, 2026. All share and per share amounts presented in these financial statements have been retroactively adjusted to reflect the reverse share split.</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify; text-indent: -14.15pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">b)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On November 24, 2025, the Company entered into an At-The-Market Sales Agreement (the “Sales Agreement”), with BTIG, LLC (the “Sales Agent”), pursuant to which the Company may sell from time to time to or through the Sales Agent Ordinary Shares having an aggregate offering price of up to $299,553,108. The Sales Agent is entitled to a commission equal to 3.0% of the gross sales price per Ordinary Share issued and sold through the Sales Agent. Any potential sale of Ordinary Shares under the Sales Agreement will be made pursuant to the Company’s effective shelf registration statement on Form F-3, including the prospectus contained therein (File No. 333- 286956), filed by the Company with the SEC on May 2, 2025 and declared effective on May 12, 2025, as supplemented by a prospectus supplement dated November 24, 2025 filed with the SEC pursuant to Rule 424(b) under the Securities Act.</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the six months ended June 30, 2026, the Company issued and sold an aggregate of 327,149 Ordinary Shares under the Sales Agreement, resulting in a gross aggregate offering price of $5,368 thousand. Issuance expenses totaled $215 thousand.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">c)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On June 22, 2026 the Company issued 265,907 Ordinary Shares to the holder of the Note as consideration for the settlement of the first scheduled principal installment under the Note (see Note 12 – Convertible Debt).</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify; text-indent: -14.15pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">d)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On December 30, 2022 the Company entered into an agreement (the “ATM Agreement”), with Cantor Fitzgerald &amp; Co. and JMP Securities LLC (each referred to as an “Agent”, and together, the “Agents”), as sales agents, pursuant to which the Company had been able to elect to sell Ordinary Shares having an aggregate offering price of up to $100,000,000 from time to time through the Agents in transactions deemed to be “at-the-market” offerings. The Company had agreed to pay the Agents an aggregate commission of 3% of the gross sales price from each sale of Ordinary Shares under the ATM Agreement. During the six months ended June 30, 2025 the Company issued and sold 10,978 Ordinary Shares under the ATM Agreement for gross consideration of $203 thousand. Issuance expenses totaled $6 thousand. The Company terminated the ATM Agreement in November 2025 in connection with entering into the Sales Agreement.</span></td> </tr></tbody> </table><div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7.1pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">e)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">All Company warrants are classified as a component of shareholders’ equity because such warrants are free standing financial instruments that are legally detachable, separately exercisable, do not embody an obligation for the Company to repurchase its own shares, and permit the holders to receive a fixed number of Ordinary Shares upon exercise, requires physical settlement and do not provide any guarantee of value or return.</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> warrants</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> warrants</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">504,487</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">23.09</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">509,674</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">30.15</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Issued</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_293052778;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_591700662;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_592909269;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_915126579;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercised</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_369781681;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1821150056;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1764973028;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2143983879;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(11,972</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">375.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,517</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">150.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding and exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">492,515</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_278345074;">14.53</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">508,157</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29.74</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.8pt; text-align: justify; text-indent: 7.65pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Set forth below is data regarding the range of exercise prices and expiration dates for warrants outstanding at June 30, 2026:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of Warrants</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise Price Per Share</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Issuance date</span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expiration date</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 23%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">238,096</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 22%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.00</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; width: 24%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 29, 2024</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; width: 24%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 29, 2029 (i)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8,335</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">26.25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 29, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 27, 2029 (ii)</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 26, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">February 2, 2027</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">63.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 26, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">February 2, 2027</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">116,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 30, 2030</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79,708</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1966483008;">None</span></span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">46,375</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1034237770;">None</span></span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">492,515</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(i)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The earlier of (a) November 29, 2029 and (b) the 60th day following the Company’s public announcement of its filing with the U.S. Food and Drug Administration for approval for Allocetra^TM’s osteoarthritis related indication (the “Series B Milestone Event”).</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(ii)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The earlier of (a) May 27, 2029 and (b) 60 days following the Series B Milestone Event.</span></td> </tr></tbody> </table> 158333333 6 1-for-2 1-for-20 1-for-15 299553108 0.03 327149 5368000 215000 265907 100000000 0.03 10978 203000 6000 <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> warrants</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> warrants</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55pt; text-align: center; text-indent: -0.55pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">504,487</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">23.09</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">509,674</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">30.15</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Issued</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_293052778;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_591700662;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_592909269;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_915126579;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercised</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_369781681;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1821150056;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1764973028;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2143983879;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(11,972</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">375.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,517</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">150.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding and exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">492,515</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_278345074;">14.53</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">508,157</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29.74</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 504487 23.09 509674 30.15 11972 375 1517 150 492515 508157 29.74 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Set forth below is data regarding the range of exercise prices and expiration dates for warrants outstanding at June 30, 2026:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of Warrants</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise Price Per Share</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Issuance date</span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Expiration date</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 23%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">238,096</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 22%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.00</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; width: 24%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 29, 2024</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; width: 24%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 29, 2029 (i)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8,335</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">26.25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 29, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">May 27, 2029 (ii)</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 26, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">February 2, 2027</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">63.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 26, 2024</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">February 2, 2027</span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">116,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.00</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 30, 2030</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79,708</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1966483008;">None</span></span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">46,375</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.015</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">November 24, 2025</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1034237770;">None</span></span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">492,515</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(i)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The earlier of (a) November 29, 2029 and (b) the 60th day following the Company’s public announcement of its filing with the U.S. Food and Drug Administration for approval for Allocetra^TM’s osteoarthritis related indication (the “Series B Milestone Event”).</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">(ii)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The earlier of (a) May 27, 2029 and (b) 60 days following the Series B Milestone Event.</span></td> </tr></tbody> </table> 238096 21 2024-05-29 2029-11-29 8335 26.25 2024-05-29 2029-05-27 1667 48.75 2024-11-26 2027-02-02 1667 63.75 2024-11-26 2027-02-02 116667 15 2025-11-24 2030-11-30 79708 0.015 2025-11-24 46375 0.015 2025-11-24 492515 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 16 – SHARE-BASED COMPENSATION</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">a)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Equity Incentive Plan – general</span></span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"> As of June 30, 2026, 1,046,508 Ordinary Shares were authorized for future grants to employees, directors and consultants under the 2019 Equity Incentive Plan (the “<span style="text-decoration:underline">2019 Plan</span>”). </p><div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7.1pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">b)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Stock option information</span></span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63.8pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table contains additional information on options granted under the 2019 Plan:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> options</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> options</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,754</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1054318124;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1020287891;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(334</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,420</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.01</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">159,561</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-vested at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">32,010</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1452387882;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1240700399;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1223593287;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1864438260;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_522593900;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_64745604;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(150</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-vested at the end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">31,860</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average exercise price</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average exercise price</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">182,547</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.45</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">193,201</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.55</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1822967185;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1769939057;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_576307504;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1846983925;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4,587</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,781</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">63.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79.89</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,420</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.01</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">159,561</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non vested at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">38,799</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1092136177;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_996147090;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_651842596;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_40531386;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1567560200;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1942892690;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,030</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">54.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_356053713;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_735346461;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5,975</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">61.05</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">31,794</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">During the three and six-month periods ended June 30, 2026 and 2025, the Company recognized $9, $18, $101 and $212 thousand, respectively, of share-based compensation expenses related to stock options.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">As of June 30, 2026, the total unrecognized estimated compensation cost related to outstanding non-vested stock options was $16 thousand, which is expected to be recognized over a weighted average period of 0.83 years.</span> </p><div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7.1pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">c)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Set forth below is data regarding the range of exercise prices and remaining contractual life (in years) for options outstanding at June 30, 2026:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise price</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options outstanding</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual Life (in years)</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Intrinsic Value of Options Outstanding</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">No. of options exercisable</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td colspan="2" style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(in thousands<span style="font-weight: bold;">)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 18%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.30</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,000</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">       <span style="-sec-ix-hidden:fc_661268623;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">250</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40.35</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,021</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.68</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1706451806;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,021</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40.35</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">37,191</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_326367044;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">37,191</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14,075</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.63</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_420523426;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14,075</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">54.95</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.84</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1138216501;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">70.20</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,936</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1293526363;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,936</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.10</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_628993667;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.10</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29,271</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6.38</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_949674373;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29,157</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">89.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6.38</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1669966507;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7,500</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">93.30</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,746</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.50</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_202722753;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,746</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">93.30</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22,112</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1231688628;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22,112</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">122.85</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_887570837;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">151.80</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2.37</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_719765596;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">151.80</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">406</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_567895482;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">406</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">183.40</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.91</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_510662401;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">321.00</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_161049950;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1530275227;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 70.9pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">d)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table contains information concerning restricted stock units granted under the 2019 Plan:</span></td> </tr></tbody></table> <p style="margin-top: 0; margin-bottom: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> shares</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">grant date fair value</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> shares</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">grant date fair value</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,290</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17.25</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1980803579;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1763589081;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(229</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">154.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_22742870;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_158365643;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(433</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77,628</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17.1</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average grant date fair value</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average grant date fair value</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">145</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.15</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">82,305</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">26.55</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">442,054</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.54</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_949990891;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1610328284;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(413,527</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.6</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(2,844</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">146.1</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_461563352;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_178735484;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,832</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28.5</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77,629</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22.05</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company estimates the fair value of restricted stock units based on the closing sales price of the Ordinary Shares on the date of grant (or the closing bid price, if no sales were reported).</span></p><div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7.1pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">For the three and six-month periods ended June 30, 2026 and 2025, the Company recognized $149, $6,722, $194 and $376 thousand, respectively, of share-based compensation expense related to restricted stock units.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Total share-based compensation expense related to restricted stock units not yet recognized as of June 30, 2026 was $333 thousand, which is expected to be recognized over a weighted average period of 3.5 years.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 56.7pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">e)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table summarizes share-based compensation expenses related to grants under the 2019 Plan included in the statements of operations:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Research &amp; development</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">114</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">111</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">196</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">246</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">General &amp; administrative</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">44</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">184</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,544</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">342</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">158</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">295</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,740</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">588</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 1046508 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table contains additional information on options granted under the 2019 Plan:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> options</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> options</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">exercise price</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,754</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1054318124;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1020287891;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(334</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,420</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.01</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">159,561</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-vested at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">32,010</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1452387882;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1240700399;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1223593287;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1864438260;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_522593900;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_64745604;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(150</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non-vested at the end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">31,860</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average exercise price</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average exercise price</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">182,547</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.45</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">193,201</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.55</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1822967185;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1769939057;"> </span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_576307504;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1846983925;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4,587</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">102.09</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,781</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">63.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">79.89</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">191,420</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercisable at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.01</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">159,561</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">83.4</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Non vested at beginning of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">38,799</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65.7</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1092136177;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_996147090;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_651842596;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_40531386;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited and expired</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1567560200;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1942892690;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,030</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">54.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_356053713;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_735346461;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5,975</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">61.05</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Outstanding at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,364</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">31,794</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">66.9</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 177960 102.09 191754 80.7 334 65.7 177960 102.09 191420 80.7 174596 80.01 159561 83.4 3364 3364 32010 66.75 150 48.15 3364 3364 31860 66.9 182547 80.45 193201 80.55 4587 102.09 1781 63.75 177960 79.89 191420 80.7 174596 80.01 159561 83.4 3364 3364 38799 65.7 -1030 54.75 5975 61.05 3364 3364 31794 66.9 9000 18000 101000 212000 16000 P0Y9M29D <div style="margin: 0pt auto; width: 100%;"><div style="border-top: Black 1.5pt solid; font-size: 1pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7.1pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">c)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Set forth below is data regarding the range of exercise prices and remaining contractual life (in years) for options outstanding at June 30, 2026:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exercise price</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of options outstanding</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Remaining contractual Life (in years)</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Intrinsic Value of Options Outstanding</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">No. of options exercisable</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td colspan="2" style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(in thousands<span style="font-weight: bold;">)</span></span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 18%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.30</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,000</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">8</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">       <span style="-sec-ix-hidden:fc_661268623;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 17%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">250</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40.35</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,021</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">0.68</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1706451806;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,021</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">40.35</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">37,191</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_326367044;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">37,191</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">48.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14,075</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.63</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_420523426;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14,075</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">54.95</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.84</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1138216501;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">70.20</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,936</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1293526363;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,936</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.10</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">5.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_628993667;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">9,641</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">80.10</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29,271</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6.38</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_949674373;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">29,157</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">89.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6.38</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1669966507;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7,500</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">93.30</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,746</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1.50</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_202722753;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,746</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">93.30</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22,112</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1231688628;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22,112</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">122.85</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_887570837;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">10,000</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">151.80</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2.37</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_719765596;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">162</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">151.80</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">406</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_567895482;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">406</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">183.40</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4.91</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_510662401;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16,667</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">321.00</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">7.51</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_161049950;">-</span></span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">65</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">177,960</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1530275227;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">174,596</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 21.3 1000 P8Y 250 40.35 6021 P0Y8M4D 6021 40.35 37191 P7Y6M3D 37191 48.15 14075 P7Y7M17D 14075 54.95 16667 P3Y10M2D 16667 70.2 1936 P3Y9M 1936 80.1 9641 P5Y9M 9641 80.1 29271 P6Y4M17D 29157 89.51 10000 P6Y4M17D 7500 93.3 2746 P1Y6M 2746 93.3 22112 P7Y6M3D 22112 122.85 10000 P7Y6M3D 10000 151.8 162 P2Y4M13D 162 151.8 406 P7Y6M3D 406 183.4 16667 P4Y10M28D 16667 321 65 P7Y6M3D 65 177960 174596 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">d)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table contains information concerning restricted stock units granted under the 2019 Plan:</span></td> </tr></tbody></table> <p style="margin-top: 0; margin-bottom: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> shares</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">grant date fair value</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Number of<br/> shares</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">Weighted</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">average</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">grant date fair value</span></span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">78,290</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17.25</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1980803579;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1763589081;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(229</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">154.2</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_22742870;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_158365643;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(433</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24.15</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77,628</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">17.1</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average grant date fair value</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Number of shares</span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: center; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Weighted average grant date fair value</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at beginning of period</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">145</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">21.15</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">82,305</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">26.55</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Granted</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">442,054</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.54</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_949990891;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1610328284;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Vested</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(413,527</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">15.6</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(2,844</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">146.1</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Forfeited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_461563352;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_178735484;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,832</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28.5</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Nonvested at end of period</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">28,672</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">14.75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">77,629</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">22.05</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 28672 14.75 78290 17.25 229 154.2 433 24.15 28672 14.75 77628 17.1 145 21.15 82305 26.55 442054 15.54 413527 15.6 2844 146.1 1832 28.5 28672 14.75 77629 22.05 149000 6722000 194000 376000 333000 P3Y6M <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">e)</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The following table summarizes share-based compensation expenses related to grants under the 2019 Plan included in the statements of operations:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Research &amp; development</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">114</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">111</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">196</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">246</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">General &amp; administrative</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">44</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">184</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,544</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">342</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">158</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">295</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">6,740</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">588</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 114000 111000 196000 246000 44000 184000 6544000 342000 158000 295000 6740000 588000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 17 – TAXES ON INCOME</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">a.</span></span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The effective tax rate was 23% for the six months ended June 30, 2026, compared to 0% for the prior year period.</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The increase in the effective tax rate was primarily due to the recognition of taxable unrealized gains on digital assets during 2026, which are expected to result in taxable amounts upon future realization of the related assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">b.</span></span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The components of the provision for income taxes are as follows:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Current tax - corporate taxes</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1398774997;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_897474703;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1129812732;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1249721009;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="width: 52%; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Deferred tax</span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">566,697</span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2073450834;">-</span></span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">587,292</span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_589301497;">-</span></span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Taxes on income</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">566,697</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1774979139;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">587,292</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_127584115;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.5in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">c.</span></span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; text-decoration: none;">Deferred income taxes:</span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; text-decoration: none;">Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial purposes and the amounts used for income tax purposes.</span></p> 0.23 0 <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The components of the provision for income taxes are as follows:</span><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Current tax - corporate taxes</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1398774997;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_897474703;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1129812732;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1249721009;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="width: 52%; text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Deferred tax</span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">566,697</span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2073450834;">-</span></span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">587,292</span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_589301497;">-</span></span></td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Taxes on income</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">566,697</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1774979139;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">587,292</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_127584115;">-</span></span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 566697000 587292000 566697000 587292000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 18 – FAIR VALUE HIERARCHY</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s financial assets measured at fair value on a recurring basis consisted of the following types of instruments as of June 30, 2026 and December 31, 2025:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30, 2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 1</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 2</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 3</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short term RAIN digital assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,330</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,330</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1286590178;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1754000746;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term RAIN digital assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,806</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,806</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1426536107;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1236528148;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN Option</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1298000370;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_950256190;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4,888,873</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1640829414;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Derivative liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1708778150;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_979714036;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1775615407;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_709258499;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31, 2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 1</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 2</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 3</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short term RAIN digital assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,272</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,272</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2038079571;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2029739822;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term RAIN digital assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1579262462;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_479268537;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN Option</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1026006465;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_712175944;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,315,569</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,780</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_842524011;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">The Company’s financial assets measured at fair value on a recurring basis consisted of the following types of instruments as of June 30, 2026 and December 31, 2025:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">June 30, 2026</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 1</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 2</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 3</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt; text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short term RAIN digital assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,330</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">107,330</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1286590178;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1754000746;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term RAIN digital assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,806</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,146,806</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1426536107;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1236528148;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN Option</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1298000370;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_950256190;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">4,888,873</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,254,136</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">3,634,737</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1640829414;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Derivative liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1708778150;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_979714036;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1775615407;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_709258499;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">128</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 49.65pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">December 31, 2025</span></td> <td style="font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">(in thousands<span style="font-weight: bold;">)</span></span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Total</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 1</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 2</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;"> </span></span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Level 3</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify;"></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Short term RAIN digital assets</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,272</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">24,272</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2038079571;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_2029739822;">-</span></span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Long term RAIN digital assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">582,508</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1579262462;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_479268537;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">RAIN Option</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1026006465;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_712175944;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Total financial assets</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2,315,569</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">606,780</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,708,789</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_842524011;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 107330000 107330000 1146806000 1146806000 3634737000 3634737000 4888873000 1254136000 3634737000 128000 128000 128000 128000 24272000 24272000 582508000 582508000 1708789000 1708789000 2315569000 606780000 1708789000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 19 – SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Finance income (expenses), net</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; font-weight: bold; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify; padding-bottom: 1.5pt;"></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Interest income</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">23</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">236</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">59</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">469</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value of derivative liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_860765415;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1048835268;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Convertible debt interest</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,328</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_193209752;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,442</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1893939124;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exchange differences, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">978</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">95</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">827</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank commissions and other expenses</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(2</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,357</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,210</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,276</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,291</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="font-weight: bold;">Finance income (expenses), net</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 148.4pt;"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Three months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="6" style="text-align: center; font-weight: bold; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Six months ended June 30,</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif;"><span style="text-decoration:underline">(in thousands)</span></span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2026</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">2025</span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom;"><td style="text-align: justify; padding-bottom: 1.5pt;"></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="font-weight: bold; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td colspan="2" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 1.5pt; font-weight: bold;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Interest income</span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">23</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">236</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">59</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="width: 9%; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">469</span></td> <td style="width: 1%; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Change in fair value of derivative liability</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">25</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_860765415;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">16</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1048835268;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Convertible debt interest</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,328</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_193209752;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,442</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"><span style="-sec-ix-hidden:fc_1893939124;">-</span></span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Exchange differences, net</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(75</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">978</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">95</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">827</span></td> <td style="text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">Bank commissions and other expenses</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(2</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(4</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 1.5pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(5</span></td> <td style="padding-bottom: 1.5pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify; padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,357</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,210</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">(1,276</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">)</span></td> <td style="padding-bottom: 4pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">$</span></td> <td style="border-bottom: Black 4pt double; text-align: right;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;">1,291</span></td> <td style="padding-bottom: 4pt; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></td> </tr></tbody></table> 23000 236000 59000 469000 25000 16000 1328000 1442000 -75000 978000 95000 827000 2000 4000 4000 5000 -1357000 1210000 -1276000 1291000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;">NOTE 20 – EVENTS SUBSEQUENT TO THE BALANCE SHEET DATE</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"><span style="font-weight: bold;"> </span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">Management has evaluated these events in accordance with ASC 855, Subsequent Events, and concluded that the following events represent non-recognized subsequent events and, accordingly, have been disclosed but not reflected in the consolidated financial statements:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.75in; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.75in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">1.</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none; background-color: white;">The Company issued and sold 2,929 Ordinary Shares under the Sales Agreement for gross proceeds of $16,003.</span></td> </tr></tbody> </table> <p style="margin-top: 0; margin-bottom: 0;"><span style="font-family: Times New Roman, Times, Serif; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.75in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">2.</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On July 27, 2026, the Company entered into a Securities Purchase Agreement with The Rain Foundation, an existing shareholder of the Company, for a private placement of up to $400 million of Ordinary Shares (or pre-funded warrants in lieu thereof), subject to shareholder approval and other customary closing conditions. The purchase price may be paid in U.S. dollars, certain cryptocurrencies (including USDT and USDC) or RAIN tokens, with the applicable price per share depending on the form of consideration. The agreement also provides the Company with the right to require the investor to purchase up to an additional $400 million of securities over a period of up to 36 months following the initial closing of the private placement. On September 22, 2026, the Company terminated the securities purchase agreement in accordance with the Company’s termination rights thereunder; therefore, the Company will not consummate the private placement contemplated thereby nor seek shareholder approval in respect thereof.</span></td> </tr></tbody> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 53.45pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0.75in;"></td> <td style="width: 0.25in; text-align: left;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">3.</span></td> <td style="text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none;">On August 11, 2026, the Company and the holder of the Note entered into an amendment to the Senior Secured Convertible Promissory Note described in Note 12 (the “Amendment”). Pursuant to the Amendment, (i) the event of default that would occur if the Company’s market capitalization remained below $75.0 million for ten consecutive trading days was deleted, and the holder waived the event of default that had previously occurred with respect thereto; (ii) the remaining aggregate principal amount outstanding under the Note was increased from approximately $16.3 million to $19.2 million; (iii) the maturity date was extended from March 23, 2027 to such date on which the Company shall have repaid the outstanding principal balance in full, based upon monthly payments that have been reduced from approximately $2.3 million to $1.2 million (which amount may be waived by the holder in its sole discretion with respect to any monthly payment, in which case the maturity date shall be extended for one additional month); (iv) interest at the rate of 10.0% per annum will accrue on the Note for each calendar day on which the Company’s market capitalization is less than $75.0 million; (v) the Holder may, in its discretion, convert the Note into Ordinary Shares from time to time on one or more occasions, and the amount of any such conversion shall be credited against the next succeeding monthly payment or payments; (vi) the conversion price has been revised to be the lower of (x) $40.37625 and (y) eighty percent (80%) of the average of the three lowest daily volume weighted average prices of the ordinary shares during the 20 trading days prior to the holder’s delivery of the applicable notice of conversion; and (vii) for the six-month period immediately following the date of the Amendment, the Company may prepay the Note in cash at a reduced premium of 2.5% rather than 5.0%. Except for the foregoing, all other material terms of the Note remain unmodified and in full force and effect.</span></td> </tr></tbody> </table> 2929 16003000 400000000 400000000 75000000 16300000 19200000 2027-03-23 2300000 1200000 0.10 75000 40.37625 0.80 P20D 0.025 0.05 The earlier of (a) November 29, 2029 and (b) the 60th day following the Company’s public announcement of its filing with the U.S. Food and Drug Administration for approval for AllocetraTM’s osteoarthritis related indication (the “Series B Milestone Event”). The earlier of (a) May 27, 2029 and (b) 60 days following the Series B Milestone Event.