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On September 24, 2026, the Company received a notice from Nasdaq stating that, because its Market Value of Listed Securities remained below the $50,000,000 minimum required by Nasdaq Listing Rule 5450(b)(2)(A) at the end of the compliance period on September 23, 2026, its securities were subject to delisting from The Nasdaq Global Market unless the Company requested a hearing before the Nasdaq Hearings Panel (the “Panel”). On October 1, 2026, the Company requested a hearing before the Panel to appeal the determination, which stayed any suspension or delisting action until the hearing is held and any extension granted by the Panel has expired. The hearing is scheduled for November 3, 2026.

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On October 1, 2026, the Company issued 120,000 shares of common stock to a vendor as advance payment for services to be received in the future. The Company is currently evaluating the accounting and financial reporting implications of this event.

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On October 6, 2026, the Company filed a registration statement on Form S-1 registering the resale of up to 7,549,411 shares of common stock, including shares issuable upon conversion of the convertible notes and exercise of the related warrants. The SEC declared the registration statement effective on October 13, 2026. The Company is currently evaluating the accounting and financial reporting implications of this event.

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Other than as described above, the Company has evaluated subsequent events through the date of issuance of these unaudited condensed consolidated interim financial statements and determined that there have been no other events that have occurred that would require adjustments to disclosures in the unaudited condensed consolidated interim financial statements.