1 unchanged sentence
For our current risk factors relating to our operations see the section entitled “Risk Factors” contained in our Registration
−Removed: Statement on Form S-1 filed with the SEC on December 23, 2024, and effective on May 13, 2025, and our Registration Statement on Form
−Removed: S-1 filed with the SEC on June 17, 2025, and effective on July 28, 2025.
+Added: Statement on Form S-1 filed with the SEC on December 23, 2024, and amended Form S-1/A filed with the SEC on May 13, 2025.
risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our
business, financial condition or future results.
−Removed: we incorporate the Risk Factors in our previous SEC filings, we note the following material updates since that filing:
−Removed: on Streeterville Financing
−Removed: recent financings with Streeterville Capital involve pre-paid purchase agreements that permit the investor to acquire our common shares
−Removed: at a discount to market price.
−Removed: These arrangements may cause significant shareholder dilution and could exert downward pressure on our
−Removed: Certain triggers, including sustained declines in our share price, could accelerate cash repayment obligations, which we
−Removed: may not be able to meet.
−Removed: Concentration
−Removed: revenues to date have been derived from a limited number of customers.
−Removed: In the quarter ended September 30, 2025, more than 10% of our
−Removed: total revenue came from a single customer.
−Removed: If we are unable to expand our customer base and generate recurring subscription revenue,
−Removed: our results of operations will remain highly volatile.
−Removed: have incurred substantial operating losses and had an accumulated deficit of $24.8 million as of September 30, 2025.
−Removed: These factors raise
−Removed: substantial doubt about our ability to continue as a going concern.
−Removed: We must raise additional capital to fund operations, and such financing
−Removed: may not be available on acceptable terms, or at all.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Defaults Upon Senior Securities
+Added: Mine Safety Disclosures
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.