Note 22: Subsequent Events

Subsequent to March 31, 2026, the Company redeemed $1.0 million of its marketable securities.

Subsequent to March 31, 2026, the Company granted an additional 135,000 RSUs, with an aggregate grant-date fair value of approximately $0.1 million, to certain employees under the 2020 Plan. The RSUs vest over a three year service period and are subject to continued employment.

On April 8, 2026, the Company entered into a new agreement to settle an additional $1.1 million of accounts payable under Section 3(a)(10) of the Securities Act with CCI, in exchange for issuing 2,001,797 shares of common stock, and to settle an additional past obligations up to $0.3 million in exchange for issuing 551,250 shares of common stock. The terms were consistent with the original arrangement. As of May 14, 2026, the Company settled $0.3 million of accounts payable in exchange for issuing 558,481 shares of common stock to CCI, and settled an additional $0.3 million of past obligations in exchange for issuing 551,250 shares of common stock to CCI.