15 unchanged sentences
Preferred Stock
−Removed: At December 31, 2024, and as of the date of this filing, the Company was authorized to issue 100,000,000 shares of preferred stock with a par value of $0.001 per share, of which 25,000,000 shares have been designated “Series A Convertible Preferred Stock”.
−Removed: As of December 31, 2024, and 2023, there were no shares of the Company’s Series A Convertible Preferred Stock outstanding, respectively, and there are no outstanding shares of preferred stock as of the date of this filing.
+Added: At December 31, 2025, the Company was authorized to issue 100,000,000 shares of preferred stock with a par value of $0.001 per share, of which 25,000,000 shares were designated “Series A Convertible Preferred Stock”.
+Added: As of December 31, 2025, and 2024, there were 17,013,637 and 0 shares of the Company’s Series A Convertible Preferred Stock outstanding, respectively.
+Added: On February 27, 2026, the 17,013,637 outstanding shares of Series A Convertible Preferred Stock were automatically converted into 8,506,818 shares of common stock (see “ Item 8.
+Added: Financial Statements and Supplementary Data ” - “ Note 19 - Subsequent Events ”).
+Added: As a result, there are no outstanding shares of preferred stock as of the date of this filing.
+Added: Additionally, on February 27, 2026, the Company, after approval of the Board of Directors and the stockholders pursuant to the Written Consent, filed a Second Amended and Restated Certificate of Formation of the Company, which among other things, terminated the designation of the Series A Preferred Stock.
+Added: As such, as of the date of this Report, we have no Series A Preferred Stock outstanding or designated.
Stock Transfer Agent
4 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.