Item 5. Market for Registrant’s Common Equity
ITEM 5.
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Market Information
Our common stock eligible for quotation on the
OTCQB Market operated by OTC Markets Group Inc. under the symbol “CDIX.” The OTCQB Market is a regulated quotation service
that displays real-time quotes, last sale prices and volume information in over-the-counter securities. Any over-the-counter market quotations
reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
Number of Holders of Our Common Stock
As of March 9, 2026, there were
approximately 995 stockholders of record of our common stock. In computing the number of holders of record of our common stock, each
broker-dealer and clearing corporation holding shares on behalf of its customers is counted as a single stockholder.
Securities Authorized for Issuance Under Equity
Compensation Plans
Please see Item 12 “ Security Ownership
of Certain Beneficial Owners and Management and Related Stockholder Matters .”
Dividend Policy
We have never declared or paid cash dividends
on our common stock. We currently intend to retain all available funds and any future earnings for use in the operation of our business
and do not anticipate paying any cash dividends in the near future. Any decision to declare and pay dividends in the future will be made
at the discretion of our board of directors and will depend on, among other things, our results of operations, financial condition, cash
requirements, contractual restrictions, and other factors that our board of directors may deem relevant. In addition, our ability to pay
dividends may be limited by covenants of any existing and future outstanding indebtedness we or our subsidiaries incur.
Recent Sales of Unregistered Securities
Except as set forth below, we have not sold any
equity securities during the 2025 fiscal year that were not previously disclosed in a quarterly report on Form 10-Q or a current report
on Form 8-K that was filed during the 2025 fiscal year.
· On October 31, 2025, we issued a three-year warrant
to purchase 100,000 shares of common stock at an exercise price of $3.00 (subject to adjustments) to a service provider.
· On November 3, 2025, we issued 16,667 shares
of common stock to a service provider.
· On November 19, 2025, we issued an aggregate
of 6,716,728 shares of common stock upon the conversion of an aggregate of 10,075,092 shares of series I preferred stock.
· On November 25, 2025, we issued 30,454 shares
of series N senior convertible preferred stock, 10,698 shares of series X senior convertible preferred stock and 26,114 shares of series
Y senior convertible preferred stock as payment of accrued dividends.
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· On November 25, 2025, we issued 100,000 shares
of common stock to a consultant for services rendered.
· See Item 7 “ Management’s Discussion
and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Convertible Notes ”
for a description of certain convertible promissory notes, warrants and shares of common stock issued in December 2025.
Purchases of Equity Securities
No repurchases of our common stock were made during
the fourth quarter of 2025.
ITEM 6.
[RESERVED]