Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The Series B Preferred Stock dividends described in Note 12, Preferred Stock , to our accompanying unaudited
−Removed: condensed consolidated financial statements (the terms of which preferred stock were previously disclosed in a current report filed prior
−Removed: to the date of this Form 10-Q) were exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities
−Removed: Act”), pursuant to Section 4(a)(2) of the Securities Act, as transactions not involving public offerings.
−Removed: The shares of the Company’s
−Removed: common stock issued upon conversion of the Series C Preferred Stock described in Note 12, Preferred Stock , to our accompanying
−Removed: unaudited condensed consolidated financial statements (the terms of which preferred stock were previously disclosed in a current report
−Removed: filed prior to the date of this Form 10-Q), were exempt from the registration requirements of the Securities Act pursuant to Section 3(a)(9)
−Removed: Except as disclosed above and as previously disclosed in our current and
−Removed: periodic reports filed prior to the date of this Form 10-Q, we did not sell any unregistered securities or repurchase any of our securities
−Removed: during the three months ended September 30, 2025.
−Removed: Part I, Item 2 under the caption “ Liquidity and Capital Resources ” for a description of limitations on the payment
−Removed: of dividends.
−Removed: Defaults Upon Senior Securities
−Removed: information set forth in Part I, Item 2 under the caption “ Liquidity and Capital Resources — Senior Secured Convertible
−Removed: Notes, ” relating to the waiver of the Company’s default under the Financial Tests set forth in the September 2022 Senior
−Removed: Convertible Note, is incorporated herein by reference.
+Added: The Series B Preferred Stock dividends described in Note 11, Preferred Stock , to our accompanying unaudited condensed consolidated financial statements (the terms of which preferred stock were previously disclosed in a current report filed prior to the date of this Form 10-Q) were exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act, as transactions not involving public offerings.
+Added: The shares of the Company’s common stock issued upon conversion of the Series C Preferred Stock described in Note 11, Preferred Stock , to our accompanying unaudited condensed consolidated financial statements (the terms of which preferred stock were previously disclosed in a current report filed prior to the date of this Form 10-Q), were exempt from the registration requirements of the Securities Act pursuant to Section 3(a)(9) thereof.
+Added: On March 27, 2026, the Company issued 225,000 shares of common stock to vendors in exchange for $1,951 of agreed upon services.
+Added: Except as disclosed above and as previously disclosed in our current and periodic reports filed prior to the date of this Form 10-Q, we did not sell any unregistered securities or repurchase any of our securities during the three months ended March 31, 2026.
+Added: See Part I, Item 2 under the caption “ Liquidity and Capital Resources ” for a description of limitations on the payment of dividends.
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.