Item 8. Financial Statements and Supplementary Data
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY
DATA
The financial statements and
supplementary financial information required by this Item are set forth immediately following the signature page and are incorporated
herein by reference.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH
ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
On February 27, 2026, the Company dismissed Sadler,
Gibb & Associates, LLC (“Sadler”) as the Company’s independent registered public accounting firm. The decision to dismiss
Sadler was approved by the audit committee of the Company’s board of directors on February 27, 2026. Sadler had been retained by the Company
on May 29, 2024. Sadler’s reports on the Company’s consolidated financial statements as of and for the fiscal years ended December 31,
2022, 2023 and 2024 did not contain any adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles.
From the date Sadler was engaged by the Company
through the date of dismissal, there were no disagreements with Sadler on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Sadler, would have caused
them to make reference thereto in their report on the financial statements. From the date Sadler was engaged by the Company through the
date of dismissal, there were no reportable events, as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
On March 3, 2026, Suri and Co., Chartered Accountants
(“Suri”), Certified Public Accountants of Chennai, India, were appointed by the Company to audit the Company’s financial statements
for the year ended December 31, 2025. During the Company’s two most recent fiscal years and the subsequent interim periods preceding their
appointment, neither the Company nor anyone on its behalf consulted Suri regarding either (1) the application of accounting principles
to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated
financial statements, nor has Suri provided to the Company a written report or oral advice regarding such principles or audit opinion,
or (2) any matter that was either the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K) or
a reportable event (as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K).
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