What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2025-09-29 compared with 2024-09-30 · 17 added, 13 removed, 29 unchanged (51% of the section changed)

9 unchanged sentences

Rent expense related

to this property was $321,259 and $309,053 for the years ended June 30, 2024 and 2023.

On or about December 7 ,

to this property was $337,322 and $321,259 for the years ended June 30, 2025 and 2024, respectively.

On or about December 7 th ,

2023, we received an invoice from our prior landlord, Hunsaker & Associates, requesting payment of additional rent on our completed

8 unchanged sentences

leasehold property.

Our Korea-based subsidiary, FTI,

leases approximately 10,000 square feet of office space, at a monthly rent of approximately $8,000, and additional office space consisting

of approximately 2,682 square feet at a monthly rent of approximately $2,700, both located in Seoul, Korea.

These leases expired on August

31, 2024, and were extended for an additional 24 months to August 31, 2026.

In addition to monthly rent, the leases provide for periodic

cost of living increases in the base rent and payment for certain common area costs.

These facilities are covered by an appropriate level

of insurance, and we believe them to be suitable for our use and adequate for our present needs.

Our Korea-based subsidiary,

FTI, leases approximately 10,000 square feet of office space, at a monthly rent of approximately $6,600, and additional office space consisting

of approximately 2,682 square feet at a monthly rent of approximately $2,200, both located in Seoul, South Korea.

These leases expired

on August 31, 2024, and were extended for an additional 24 months to August 31, 2026.

In addition to monthly rent, the leases provide

for periodic cost of living increases in the base rent and payment for certain common area costs.

These facilities are covered by an appropriate

level of insurance, and we believe them to be suitable for our use and adequate for our present needs.

Rent expense related to these leases

was approximately $112,206 and $128,400 for each of the years ended June 30, 2024 and 2023, respectively.

was $105,889 and $112,206 for the years ended June 30, 2025 and 2024, respectively.

We lease one corporate housing

facility, located in Seoul, Korea, primarily for our employees who travel, under a non-cancelable operating lease that expired on September

4, 2024, and was extended for an additional twelve months to September 4, 2025.

4, 2025, and were extended for an additional 12 months to September 4, 2026.

Rent expense related to this lease was $8,077 and $8,089

for the years ended June 30, 2025 and 2024, respectively.

We lease one corporate vehicle on December 1, 2024, in San Diego, California,

for our employees, under a non-cancelable lease that expires on November 30, 2027.

Rent expense related to this lease was $6,473 and $0

for the years ended June 30, 2025 and 2024, respectively.

LEGAL PROCEEDINGS

3 unchanged sentences

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.

What changed 10-K

Item 2. Properties