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Subsequent Events
12 Months Ended
Dec. 31, 2025
Subsequent Events  
Subsequent Events

Note 16 – Subsequent Events

On January 29, 2026, the Company completed a registered direct offering of 17,000,000 shares of its common stock, pre-funded warrants to purchase an aggregate of 5,807,018 shares of common stock, and warrants (the “Common Warrants”) to purchase up to an aggregate of 45,614,036 shares of common stock. The common stock was purchased at a price of $5.70 per share and

accompanying two Common Warrants and the pre-funded warrants were purchased at a price of $5.6999 per pre-funded warrant and accompanying two Common Warrants. The Common Warrants issued are immediately exercisable at an exercise price of $7.25 per share and will expire on January 31, 2033. Proceeds, net of fees before expenses, received by the Company totaled $122,199. The Company intends to use the net proceeds from the registered direct offering for working capital and general corporate purposes.