NOTE 14 — SUBSEQUENT EVENTS

On September 20, 2026, the Company entered into separate settlement agreements and mutual releases with former Chief Executive Officer Mark Dybul and former director Rene Sindlev relating to certain accrued and unpaid compensation and other obligations. Pursuant to the agreements, Mr. Dybul and Mr. Sindlev waived, released and discharged all claims with respect to $384,949 and $50,000, respectively, of previously accrued compensation. Following execution of the agreements, the Company has no further payment obligations with respect to such amounts. As a result, the Company expects to recognize the extinguishment of the related liabilities during the period ending September 30, 2026.

On September 2, 2026, the Company entered into a Master Consulting and Strategic Advisory Agreement with Strategic Advisors S.à r.l. pursuant to which the Company agreed to issue 180,000 shares of its common stock in settlement of outstanding invoices for services provided to the Company through August 24, 2026 and for prospective services. The shares were valued at $432,000, based on the closing market price of the Company’s common stock of $2.40 per share on September 2, 2026. Upon issuance of the shares, $286,225 of outstanding accounts payable was satisfied, with the remaining approximately $145,775 recorded as prepaid consulting and advisory services to be recognized as services are provided.

On July 21, 2026, the Company entered into a Debt Conversion and Share Issuance Agreement with Rene Sindlev, a related party, pursuant to which an aggregate of $671,659 of outstanding indebtedness and trade payables, including accrued and unpaid interest, was converted into 239,025 shares of the Company’s common stock at a conversion price of $2.81 per share. Upon issuance of the shares, the converted obligations were fully satisfied, discharged and extinguished.