NOTE 16 – SUBSEQUENT EVENTS

The Company evaluated all events and transactions that occurred after September 30, 2026, up through November 6, 2026, which is the date that these financial statements are issued, unless as disclosed elsewhere and below, there were no other material subsequent events occurred that would require recognition or disclosure in the Company’s financial statements.

Issuances of Common Stock. On October 2, 2026, the Company’s board of directors (the “Board”) approved the grant of an aggregate of 820,000 shares of common stock under the 2025 Plan to certain of the Company’s research and development employees, to be issued in one or more tranches, each subject to separate Board approval. From October 1, 2026 through November 6, 2026, the Company issued 240,000 shares of common stock under the 2025 Plan to two of such employees. On October 20, 2026, the Board approved, effective November 8, 2026, the issuance of (i) the remaining 580,000 shares under such grant and (ii) an additional grant of 200,000 shares of common stock under the 2025 Plan to two other research and development employees, for an aggregate of 780,000 shares. As of the date of this report, none of these 780,000 shares had been issued, and their issuance remains subject to the expiration of the 15-day notification period under the Company’s Listing of Additional Shares notification to the stock exchange. These shares will be fully vested upon issuance.

Sale or Pledge of Bitcoin Holdings. On October 30, 2026, the Board authorized the sale or pledge of the Company’s Bitcoin holdings in one or more tranches, including through direct sales on cryptocurrency exchanges, block trades with purchasers, and pledges of Bitcoin as collateral under financing arrangements. As of the date of this report, the Company had not sold or pledged any Bitcoin.