NOTE 16 — SUBSEQUENT EVENTS

In October 2025, the Company repaid one lender $0.3 million in satisfaction of their outstanding promissory note.

In October 2025, the Company made a payment to settle an outstanding lawsuit. The total payment was $0.1 million, which was accrued as of September 30, 2025. Refer to Note 12 – Commitments and Contingencies.

In October 2025, a total of 3,753 shares of Series A-3 Preferred Stock were converted into 1,662,945 shares of common stock at a conversion price of $2.246 per share.

In October 2025, the Company entered into an agreement with Bitgo to manage the Company’s cryptocurrency portfolio. The Company transferred $20 million   to Bitgo to establish a cryptocurrency fund.

In October 2025, an additional $0.1 million was advanced to Marizyme against which Marizyme delivered a demand promissory note to the Company of like principal amount with terms similar to the Marizyme Notes described in Note 5 - Short Term Notes Receivable.