NOTE 13 — SUBSEQUENT EVENTS

Warrant Exercises

In February 2026, the Company issued an aggregate of 32,857 shares of common stock upon the exercise of 32,857 common stock purchase warrants and received proceeds of approximately $254,412.

Option Exercises

In February 2026, the Company issued an aggregate of 7,000 shares of common stock upon the exercise of 7,000 stock options and received proceeds of approximately $35,140. Additionally in February 2026, the Company issued 1,093 shares of common stock upon the cashless exercise of 2,071 stock options.

Common Stock Issued for Services 

On February 19, 2026, the Company issued an aggregate of 2,347 shares of common stock to a consultant in connection with a consulting agreement for services rendered from January 2025 to June 2025. The 2,347 shares of common stock had a fair value of approximately $22,500, or $10 per share, based on the quoted trading prices on the respective monthly valuation dates, which was fully vested and expensed over each monthly service period from January 2025 to June 2025.

On February 19, 2026, the Company issued an aggregate of 2,745 shares of common stock to a consultant in connection with a consulting agreement for services rendered from June 2025 to January 2026. The 2,745 shares of common stock had a fair value of approximately $40,000, or $15 per share, based on the quoted trading prices on the respective monthly valuation dates, which was fully vested and expensed over each monthly service period from June 2025 to January 2026.