8 unchanged sentences
where an established public trading market for our common stock did not exist.
−Removed: At April 1, 2025 there were approximately 150
+Added: At March 31, 2026, there were approximately 162
holders of record of our common stock, although we believe that there are other persons who are beneficial owners of our common stock
9 unchanged sentences
Recent Issuance of Unregistered Securities
−Removed: On January 16, 2024, the Company issued 39,211
−Removed: shares of common stock to its VP of Finance, Patrick Smith.
−Removed: The shares were issued for bonus compensation of $300,000 that was accrued
−Removed: as of December 31, 2023 (see Note 14).
−Removed: On January 16, 2024, the Company issued 78,421
−Removed: shares of common stock to its CEO, Ronny Yakov.
−Removed: The shares were issued for bonus compensation of $600,000 that was accrued as of December
−Removed: 31, 2023 (see Note 14).
−Removed: On January 24, 2024, Mr.
−Removed: Yakov exercised options
−Removed: to purchase a total of 1,187,919 pre-split shares of common stock (118,792 post-split) for $4,079 (see Note 9 and Note 14).
−Removed: On January 24, 2024, Mr.
−Removed: Smith exercised options
−Removed: to purchase a total of 381,069 pre-split shares of common stock (38,107 post-split) for $2,761 (see Note 9 and Note 14).
+Added: On June 2, 2025, Mr.
+Added: Yakov converted the 1,021
+Added: shares of Series A held into 1,021,000 shares of common stock and the accrued dividends of $529,000 into 529,000 shares of common stock.
+Added: On June 2, 2025, Mr.
+Added: Yakov converted $1,772,529
+Added: of principal and interest into 1,772,529 shares of common stock.
+Added: On June 2, 2025, Mr.
+Added: Smith converted $69,642 of
+Added: principal and interest into 69,642 shares of common stock.
+Added: On June 2, 2025, Mr.
+Added: Smith converted $510,417
+Added: and $150,000 of accrued salary and bonus, respectively, into 660,417 shares of common stock.
+Added: On June 2, 2025, Mr.
+Added: Yakov converted $1,062,500
+Added: and $300,000 of accrued salary and bonus, respectively, into 1,362,500 shares of common stock.
During the year ended December 31, 2025, the Company
−Removed: sold 478,637 shares of common stock from its ATM Offering, for total proceeds of $1,090,890.
+Added: issued 250,000 shares of common stock for payment of $270,235 of legal fees of which $107,469 was applied to accounts payable and $162,766
+Added: has been debited to prepaid expenses.
During the year ended December 31, 2025, the Company
−Removed: issued 2,500 shares of common stock as a charitable contribution.
−Removed: The shares were valued at $1.89, the closing price on the date of grant,
−Removed: for total non-cash expense of $4,725.
+Added: issued 370,000 shares of common stock for services.
+Added: The shares were valued at $1.26, the closing stock price on the date of grant, for
+Added: a total value of $466,200.
+Added: During the year ending December 31, 2025, the
+Added: Company issued 35,000 shares of common stock to its CFO for services.
+Added: The shares were valued at $2.02, the closing stock price on the
+Added: date of grant, for total non-cash expense of $70,700.
+Added: During the year ending December 31, 2025, the
+Added: Company issued 35,000 shares of common stock to its CFO for services.
+Added: The shares were valued at $2.02, the closing stock price on the
+Added: date of grant, for total non-cash expense of $70,700.
+Added: During the year ending December 31, 2025, the
+Added: Company issued an additional 50,000 shares of common stock to its CFO for services.
+Added: The shares were valued at $1.26, the closing stock
+Added: price on the date of grant, for total non-cash expense of $63,000.
Securities Authorized for Issuance Under Equity
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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.