<SEC-DOCUMENT>0000944075-25-000017.txt : 20250416
<SEC-HEADER>0000944075-25-000017.hdr.sgml : 20250416
<ACCEPTANCE-DATETIME>20250416122549
ACCESSION NUMBER:		0000944075-25-000017
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250604
FILED AS OF DATE:		20250416
DATE AS OF CHANGE:		20250416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOCKET MOBILE, INC.
		CENTRAL INDEX KEY:			0000944075
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPUTERS [3571]
		ORGANIZATION NAME:           	06 Technology
		EIN:				943155066
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13810
		FILM NUMBER:		25841857

	BUSINESS ADDRESS:	
		STREET 1:		40675 ENCYCLOPEDIA CIRCLE
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538-2475
		BUSINESS PHONE:		5109333000

	MAIL ADDRESS:	
		STREET 1:		40675 ENCYCLOPEDIA CIRCLE
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538-2475

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOCKET COMMUNICATIONS INC
		DATE OF NAME CHANGE:	19950418
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>proxy-2025.htm
<DESCRIPTION>DEFINITIVE PROXY STATEMENT
<TEXT>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center; text-indent: 0in"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 20pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center; text-indent: 0in"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center; text-indent: 0in"><B>Proxy Statement Pursuant
to Section 14(a) of<BR>
the Securities Exchange Act of 1934 </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Filed by the Registrant /x/ </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Filed by a Party other than the Registrant /&nbsp;/</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Check the appropriate box:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2%; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/ /</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 97%; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Preliminary Proxy Statement</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/x/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Definitive Proxy Statement</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Definitive Additional Materials</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Soliciting Material Pursuant to &sect;Section&nbsp;240.14a-11(c) or Section&nbsp;&sect;240.14a-12</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="text-align: center; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in">&nbsp;</P>
    <P STYLE="font: 20pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><B>SOCKET MOBILE,&nbsp;INC.</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in">(Name of Registrant as Specified
    in its Charter)</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 95%; text-align: left; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Payment of Filing Fee (Check the appropriate
    box):</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/x/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">No fee required.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and&nbsp;0-11.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">1)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Title of each class of securities to
    which transaction applies:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">2)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Aggregate number of securities to which
    transaction applies:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">3)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Per unit price or other underlying
    value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state
    how it was determined):<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #A0A0A0"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">4)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Proposed maximum aggregate value of
    transaction:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #A0A0A0"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">5)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Total fee paid:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #A0A0A0"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Fee paid previously with preliminary materials.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"></TD></TR></TABLE>

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<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">/&nbsp;/</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">Check box if any part of the fee is offset as provided by Exchange Act Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in; width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in; width: 95%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">1)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Amount Previously Paid:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">2)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Form, Schedule or Registration Statement
    No.:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">3)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Filing Party:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #A0A0A0"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 12pt">4)</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">Date Filed:<BR>
    &nbsp;&nbsp;&nbsp;&nbsp;N/A</P>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #A0A0A0"></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: left; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center; text-indent: 0in"><B>This document is being
refiled solely for the purpose of correcting an error in the EDGAR file type. Previously it was incorrectly filed under form type DEFC14A
(File No. 001-13810). It is now being filed under file type DEF14A.</B></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">SOCKET MOBILE, INC.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">NOTICE OF 2025 ANNUAL MEETING OF STOCKHOLDERS</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">To Be Held June 4, 2025</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Dear Stockholders:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">You are cordially invited
to attend the Annual Meeting of Stockholders of Socket Mobile, Inc., a Delaware corporation (the &quot;Company&quot;), to be held Wednesday,
June 4, 2025, at 10:30 AM PDT, in a virtual meeting format. To obtain the meeting link, stockholders should send an email request to the
Company&rsquo;s Chief Financial Officer, Lynn Zhao at&nbsp;lynn@socketmobile.com. The request must include the control number from your
proxy voting card. The purposes of the meeting are as follows:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
elect the six director nominees named in the accompanying Proxy Statement, each to serve for a term of one year and until their respective
successors are elected.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
approve, on a non-binding, advisory basis, the compensation of the Company&rsquo;s named executive officers, as described in the accompanying
Proxy Statement.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">(3) To ratify the appointment
of Sadler, Gibb &amp; Associates, LLC as independent registered public accountants of the Company for the fiscal year ending December
31, 2025.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
transact such other business as may properly come before the meeting or any adjournment or postponement thereof.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The foregoing items of
business are more fully described in the Proxy Statement accompanying this notice. Only stockholders of record at the close of business
on April 4, 2025, are entitled to notice and to vote at the meeting. All stockholders are cordially invited to attend the meeting. However,
to ensure your representation at the meeting, you are urged to mark, sign, date, and return the enclosed Proxy as promptly as possible
following the instructions on your proxy ballot.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in; text-align: justify">Sincerely,</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in; text-align: justify">Kevin. Mills</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-align: justify">President and Chief Executive Officer</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">Fremont, California</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">April 16, 2025</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">YOUR VOTE IS IMPORTANT.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">IN ORDER TO ENSURE YOUR REPRESENTATION AT THE
ANNUAL MEETING,<BR>
YOU ARE REQUESTED TO COMPLETE, SIGN AND DATE THE ENCLOSED PROXY CARD<BR>
AS PROMPTLY AS POSSIBLE AND RETURN IT IN THE ENCLOSED ENVELOPE, OR VOTE BY PHONE OR BY INTERNET WHERE AVAILABLE.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 1in; text-align: justify; text-indent: 0in">This Proxy is solicited
on behalf of the Board of Directors of Socket Mobile, Inc.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">2025 ANNUAL MEETING OF STOCKHOLDERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The undersigned stockholder
of SOCKET MOBILE, INC., a Delaware corporation, hereby acknowledges receipt of the Notice of Annual Meeting of Stockholders and Proxy
Statement and appoints Kevin Mills and Lynn Zhao, and each of them, as proxies and attorneys-in-fact, with full power to each of substitution,
on behalf and in the name of the undersigned, to represent the undersigned at the 2025 Annual Meeting of Stockholders of SOCKET MOBILE,
INC. to be held on Wednesday, June 4, 2025 at 10:30 a.m. Pacific Time, in a virtual meeting format (To obtain the meeting link, stockholders
should send an email request to the Company&rsquo;s Chief Financial Officer, Lynn Zhao at&nbsp;lynn@socketmobile.com. The request must
include the control number from their proxy voting card), and at any adjournment or adjournments thereof, and to vote all shares of Common
Stock which the undersigned would be entitled to vote, on the matters set forth below:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">ELECTION
OF SIX DIRECTORS.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt; text-align: justify; text-indent: 0.5in">&nbsp;[_]<FONT STYLE="font-size: 10pt">&#9;<B>FOR</B>
all nominees listed&#9;</FONT>[_]<FONT STYLE="font-size: 10pt">&#9;Withhold Authority to vote for ALL Nominees Listed</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">Nominees: Charlie Bass;
Kevin Mills; Bill Parnell; Ivan Lazarev; Lynn Zhao; Felix Marx</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 0.5in; text-align: justify; text-indent: 0in"><B>If you wish to withhold
authority to vote for any individual nominee, strike a line through that nominee's name in the list below:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">Charlie Bass; Kevin Mills;
Bill Parnell; Ivan Lazarev; Lynn Zhao; Felix Marx</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">APPROVAL
OF EXECUTIVE COMPENSATION POLICIES AND PRACTICES (&ldquo;SAY-ON-PAY&rdquo;)</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">[_]<FONT STYLE="font-size: 10pt">&#9;<B>FOR</B>&#9;&#9;</FONT>[_]<FONT STYLE="font-size: 10pt">&#9;<B>AGAINST</B>&#9;&#9;</FONT>[_]<FONT STYLE="font-size: 10pt">&#9;<B>ABSTAIN</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify">PROPOSAL TO RATIFY THE APPOINTMENT OF SADLER, GIBB &amp; ASSOCIATES, LLC AS INDEPENDENT PUBLIC ACCOUNTANTS
OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">[_]<FONT STYLE="font-size: 10pt">&#9;<B>FOR</B>&#9;&#9;</FONT>[_]<FONT STYLE="font-size: 10pt">&#9;<B>AGAINST</B>&#9;&#9;</FONT>[_]<FONT STYLE="font-size: 10pt">&#9;<B>ABSTAIN</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in">In their discretion, the
Proxies are entitled to vote upon such other matters as may properly come before the meeting or any adjournments thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>THIS PROXY WILL BE VOTED
AS DIRECTED OR, IF NO CONTRARY DIRECTION IS INDICATED, WILL BE VOTED FOR THE ELECTION OF DIRECTORS, FOR THE APPROVAL OF EXECUTIVE COMPENSATION
POLICIES AND PRACTICES, AND FOR THE RATIFICATION OF SADLER, GIBB &amp; ASSOCIATES, LLC AS INDEPENDENT PUBLIC ACCOUNTANTS AND AS THE PROXIES
DEEM ADVISABLE ON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE MEETING.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 24%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 19%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 33%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-bottom: Black 1pt solid"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"></TD>
    <TD>, 2025</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD> Signature</TD>
    <TD>&nbsp;</TD>
    <TD>Signature</TD>
    <TD>&nbsp;</TD>
    <TD>Date</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">(This Proxy should be marked, dated
and signed by the stockholder(s) exactly as his or her name appears hereon, and returned promptly in the enclosed envelope. Persons signing
in a fiduciary capacity should so indicate. If shares are held by joint tenants or as community property, both should sign.)</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">SOCKET MOBILE, INC.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">PROXY STATEMENT FOR</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">2025 ANNUAL MEETING OF STOCKHOLDERS</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">INFORMATION CONCERNING SOLICITATION AND
VOTING</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">GENERAL</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The enclosed proxy is solicited
on behalf of the Board of Directors of Socket Mobile, Inc. (the &quot;Company&quot;), for use at the 2025 Annual Meeting of Stockholders
to be held Wednesday, June 4, 2025, at 10:30 AM PDT, or at any adjournment or postponement thereof, for the purposes set forth herein
and in the accompanying Notice of 2025 Annual Meeting of Stockholders. The 2025 Annual Meeting will be held in a virtual meeting format.
To obtain the meeting passcode, stockholders need to send an email request to the Company&rsquo;s Chief Financial Officer, Lynn Zhao at&nbsp;lynn@socketmobile.com.
The request must include the control number from the stockholder&rsquo;s proxy card.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">On or about April 25, 2025,
we will begin sending the Notice of 2025 Annual Meeting of Stockholders, this Proxy Statement, our Annual Report on Form 10-K for the
year ended December 31, 2024 (the &ldquo;Annual Report&rdquo;), and a proxy card to all stockholders entitled to vote at the 2025 Annual
Meeting.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 9pt 0 0"><B>IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 9pt 0 0; text-indent: 0.5in">The proxy materials are available at https://www.socketmobile.com/about-us/investor-relations/stockholder-meeting-information
Stockholders may access the Notice of 2025 Annual Meeting, this Proxy Statement, our Annual Report and form of proxy card at this site
to read, download the documents, and/or request a copy by email. Printed copies may also be requested by email at <B>proxymaterials@socketmobile.com</B>
or by telephone at <B>800-865-9384</B>.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">RECORD DATE AND PRINCIPAL SHARE OWNERSHIP</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Holders of record of our
Common Stock at the close of business on April 4, 2025 (the &quot;Record Date&quot;) are entitled to notice of and to vote at the 2025
Annual Meeting. At the Record Date, 7,952,988 shares of Common Stock were outstanding. Each share of Common Stock is entitled to one vote.
The Company also has 1,140,202 shares subject to unvested restricted stock awards, and each share of the restricted stock award is entitled
to one vote. The Company has no other class of voting securities outstanding and entitled to be voted at the meeting.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The persons known by the
Company to beneficially own more than five percent of the Company's Common Stock as of the Record Date were Charlie Bass, Chairman of
the Company&rsquo;s Board of Directors, Kevin Mills, the Company&rsquo;s President and Chief Executive Officer, and Enrico Mills, the
adult son of Kevin Mills, serves as General Manager of Applications. Please see the section entitled &quot;Security Ownership of Certain
Beneficial Owners and Management&quot; for more information on these holdings.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">REVOCABILITY OF PROXIES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Any proxy given pursuant
to this solicitation may be revoked by the person giving it at any time before its use by delivering to the Secretary of the Company written
notice of revocation or a duly executed proxy bearing a later date or by attending the 2025 Annual Meeting and voting at the meeting.
If voting at the meeting, confirmation of revocation or non-submission of your proxy should be obtained prior to the meeting from the
organization where the proxy was originally filed.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>VOTING AND SOLICITATION</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Generally, each stockholder
is entitled to one vote for each share of Common Stock held on all matters to be voted on by the stockholders. If, however, any stockholder
at the 2025 Annual Meeting gives notice of his or her intention to cumulate votes with respect to the election of directors (Proposal
One), then each stockholder may cumulate such stockholder votes for the election of directors and give one candidate a number of votes
equal to the number of directors to be elected multiplied by the number of shares of Common Stock that such stockholder is entitled to
vote, or may distribute such stockholder's votes on the same principle among as many candidates as the stockholder may select, provided
that votes cannot be cast for more than six candidates. However, no stockholder shall be entitled to cumulate votes for a candidate unless
the candidate's name has been placed in nomination prior to the voting and the stockholder, or any other stockholder, has given notice
at the meeting, prior to the voting, of the intention to cumulate votes. On all other matters, stockholders may not cumulate votes.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company will pay the
entire cost of soliciting proxies, including the preparation, assembly, printing, mailing and distribution of the proxy materials. In
addition, the Company may reimburse brokerage firms and other persons representing beneficial owners of stock for their expenses in forwarding
solicitation material to such beneficial owners. Proxies may also be solicited by the Company's directors, officers, and regular employees,
without additional compensation, personally or by telephone, email, or facsimile.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">QUORUM; VOTE REQUIRED; ABSTENTIONS; BROKER
NON-VOTES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The presence at the 2025
Annual Meeting, online or by proxy, of the holders of a majority in voting power of the Common Stock outstanding and entitled to vote
at the meeting shall constitute a quorum for the transaction of business.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">If you submit a properly
executed proxy, regardless of whether you abstain from voting on one or more matters, your shares will be counted as present at the 2025
Annual Meeting for the purpose of determining a quorum. Broker non-votes will also be counted as present for the purpose of determining
the presence of a quorum. A broker non-vote occurs when shares held by a broker for a beneficial owner are not voted because the broker
did not receive voting instructions from the beneficial owner and lacked discretionary authority to vote the shares.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Proposal&nbsp;One.</I>&nbsp;&nbsp;<I>Election
of Directors.</I> Directors are elected by a plurality of the votes of the shares present online or represented by proxy at the meeting
and entitled to vote on the election of directors. You may vote &ldquo;FOR&rdquo; or &ldquo;WITHHOLD&rdquo; on each of the nominees for
election as a director. If a quorum is present at the meeting, the six nominees receiving the highest number of votes will be elected
to the Board of Directors. As a result, any shares not voted &ldquo;for&rdquo; a particular nominee (whether as a result of &ldquo;withhold&rdquo;
votes or broker non-votes) will not be counted in such nominee&rsquo;s favor and will have no effect on the outcome of the election.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Proposal Two</I>. <I>Vote
on Named Executive Officer Compensation (&ldquo;Say on Pay&rdquo;)</I>. Approval, on a non-binding, advisory basis, of the compensation
of the Company&rsquo;s named executive officers described in this Proxy Statement requires the affirmative vote of a majority of the shares
present online or represented by proxy at the meeting and entitled to vote thereon. You may vote &ldquo;FOR,&rdquo; &ldquo;AGAINST&rdquo;
or &ldquo;ABSTAIN&rdquo; on this proposal. Abstentions represent shares present and entitled to vote and thus, will have the same effect
as votes &ldquo;against&rdquo; this proposal. Because your vote is advisory, it will not be binding on the Company or the Board of Directors.
However, the Board of Directors will review the voting results and take them into consideration when making future decisions regarding
executive compensation.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Proposal Three. Auditor
Ratification</I>. Approval of the ratification of the appointment of Sadler, Gibb &amp; Associates, LLC, as the Company's independent
registered public accountants for the fiscal year ending December 31, 2025, requires the affirmative vote of a majority of the shares
present online or represented by proxy at the meeting and entitled to vote thereon. You may vote &ldquo;FOR,&rdquo; &ldquo;AGAINST&rdquo;
or &ldquo;ABSTAIN&rdquo; on this proposal. Abstentions represent shares present and entitled to vote and thus, will have the same effect
as votes &ldquo;against&rdquo; this proposal.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">DEADLINE FOR RECEIPT OF STOCKHOLDER PROPOSALS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Stockholders may present
proper proposals for inclusion in the Company&rsquo;s proxy statement and for consideration at the Company&rsquo;s annual meetings of
stockholders by submitting their proposals in writing to the Company&rsquo;s Secretary in a timely manner. The Company currently intends
to hold its 2026 Annual Meeting of Stockholders in May 2026 and to provide proxy statements relating to such meeting in April 2026. For
a stockholder proposal to be considered for inclusion in the Company&rsquo;s proxy statement for its 2026 Annual Meeting of Stockholders,
the Company&rsquo;s Secretary must receive the written proposal at the Company&rsquo;s principal executive offices not later than December
2, 2025. In addition, stockholder proposals must comply with the requirements of Rule 14a-8 promulgated under the Securities Exchange
Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;) regarding the inclusion of stockholder proposals in company-sponsored proxy materials.
Proposals should be addressed to: Socket Mobile, Inc., 40675 Encyclopedia Cir., Fremont, CA 94538, Attention: Secretary.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company&rsquo;s bylaws
also establish an advance notice procedure for stockholders who wish to present a proposal or nominate a director at an annual meeting,
but do not seek to include the proposal or director nominee in the Company&rsquo;s proxy statement for that meeting. Under the Company's
bylaws, a written notice of any stockholder nomination to the board or proposal of business must be delivered <FONT STYLE="font-size: 12pt">to</FONT>
or mailed and received by the Secretary of the Company not less than ninety (90) days prior to the meeting; provided, however, that in
the event that less than one-hundred (100) days&rsquo; notice or prior public disclosure of the date of the meeting is given or made to
stockholders, notice by the stockholder to be timely must be so received not later than the close of business on the tenth day following
the day on which such notice of the date of the meeting is mailed or such public disclosure is made. To be in proper form, a stockholder's
notice to the Secretary shall set forth: (i) the name and address of the stockholder who intends to make the nominations or propose the
business and, as the case may be, of the person or persons to be nominated or of the business to be proposed; (ii) representations that
the stockholder is a holder of record of stock of the Company entitled to vote at such meeting and, as applicable, that such stockholder
intends to appear by proxy at the meeting to nominate the person or persons specified in the notice or propose such business; (iii) if
applicable, a description of all arrangements or understandings between the stockholder and each nominee and any other person or persons
(naming such person or persons) pursuant to which the nomination or nominations are to be made by the stockholder; (iv) such other information
regarding each nominee or each matter of business to be proposed by such stockholder as would be required to be included in a proxy statement
filed pursuant to the proxy rules of the Securities and Exchange Commission had the nominee been nominated, or intended to be nominated,
or the matter been proposed, or intended to be proposed by the Board of Directors; and (v) if applicable, the consent of each nominee
to serve as director of the Company if so elected. The chairman of the meeting shall refuse to acknowledge the nomination of any person
or the proposal of any business not made in compliance with the foregoing procedure. Stockholders can obtain a copy of the Company's bylaws
from the Company upon request. The Company's bylaws are also on file with the Securities and Exchange Commission.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">To be timely for the Company&rsquo;s
2026 Annual Meeting of Stockholders, a stockholder must deliver written notice by February 15, 2026.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In addition, to comply
with Rule&nbsp;14a-19&nbsp;of the Exchange Act, stockholders who intend to solicit proxies in support of director nominees (other than
the Company&rsquo;s nominees) at the Company&rsquo;s 2026 Annual Meeting of Stockholders must provide notice to the Company&rsquo;s Secretary
that sets forth the information required by Rule&nbsp;14a-19&nbsp;under the Exchange Act no later than March 16, 2026, except that, if
the Company holds its 2026 Annual Meeting of Stockholders more than 30 days before or after the one-year anniversary of the date of the
2025 Annual Meeting, then notice must be provided by the later of 60 calendar days prior to the date of the Company&rsquo;s 2026 Annual
Meeting of Stockholders or the 10th calendar day following the day on which public announcement of the date of such meeting is first made.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Please note that the notice
requirement under Rule&nbsp;14a-19&nbsp;is in addition to the applicable notice requirements under the advance notice provisions of our
amended and restated bylaws as described above.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">PROPOSAL ONE</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">ELECTION OF DIRECTORS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Board of Directors
(the &ldquo;Board&rdquo;) currently consists of the following members: Charlie Bass, Kevin Mills, Bill Parnell, Ivan Lazarev, Lynn Zhao,
and Alexis Hartmann. All members of the Board except for Alexis Hartmann were elected at the 2024 Annual Meeting of Shareholders. The
Board has nominated the current directors for re-election at the 2025 Annual Meeting, with the exception of Alexis Hartmann, who has decided
not to stand for re-election. Additionally, the Board has nominated Felix Marx for election to the Board at the 2025 Annual Meeting.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The proxy holders will
vote to elect as directors the six nominees named below unless a proxy card is marked otherwise. If a person other than a management nominee
is nominated at the 2025 Annual Meeting, the holders of the proxies may choose to cumulate their votes and allocate them among such nominees
of management as the proxy holders shall determine in their discretion to elect as many nominees of management as possible. The six candidates
receiving the highest number of votes will be elected. In the event any nominee is unavailable for election, which is not currently anticipated,
the proxy holders may vote in accordance with their judgment for the election of substitute nominees designated by the Board of Directors.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Six directors will be elected
for one-year terms expiring at the 2026 Annual Meeting of Stockholders, subject to the election and qualification of their successors
or their earlier death, resignation, or removal. Background information about each director nominee is set forth below, including information
regarding the specific experiences, characteristics, attributes, and skills considered in connection with the nomination of each director
nominee, all of which the Board believes provide the Company with the perspective and judgment needed to guide, monitor, and execute its
strategies. Information on committee assignments reflects current assignments to be reviewed at the first meeting of the Board following
the election. Information on age is as of the record date of April 4, 2025. There are no family relationships among any of our directors,
director nominees or executive officers.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 31%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Name of
    Nominee <FONT STYLE="font-size: 9pt"><SUP>(4)</SUP></FONT></B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Age</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 48%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Position(s)
    Currently Held With the Company</B></P></TD>
    <TD STYLE="vertical-align: top; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Director
    Since</B></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Charlie Bass <FONT STYLE="font-size: 8pt"><SUP>(1)(2)</SUP></FONT>&#9;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">83</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Chairman of the Board</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">1992</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Kevin Mills&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">64</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">President, Chief Executive Officer, and Management Director</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">2000</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Bill Parnell <FONT STYLE="font-size: 8pt"><SUP>(1)(2)(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">69</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Independent Director</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">2017</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Ivan Lazarev <FONT STYLE="font-size: 8pt"><SUP>(1) (2)(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">67</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Independent Director</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Lynn Zhao&#9;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">56</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">VP Finance &amp; Administration, CFO, Secretary, and Management Director</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Felix Marx &#9;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">58</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Independent Director</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">2025</TD></TR>
  </TABLE>
<P STYLE="font: 11pt/85% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: left; text-indent: -0.25in">(1) Member of the Audit
Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">(2) Member of the Nominating Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">(3) Member of the Compensation Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">(4) Committee assignments will be reviewed
at the first meeting of the Board following the election.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Charlie Bass</I> co-founded
the Company in March 1992 and has been the Chairman of the Board of Directors from such time to the present. Dr.&nbsp;Bass served as the
Company's Chief Executive Officer from April 1997 to March 2000. Dr. Bass has served as the Trustee of The Bass Trust since April 1988.
Dr.&nbsp;Bass holds a Ph.D. in electrical engineering from the University of Hawaii.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Kevin Mills</I> was
appointed the Company's President, Chief Executive Officer and a director of the Company in March 2000. He served as the Company's Chief
Operating Officer from September 1998 to March 2000. Mr.&nbsp;Mills joined the Company in September 1993 as Vice President of Operations
and has also served as our Vice President of Engineering. Prior to joining the Company, Mr.&nbsp;Mills worked from September 1987 to August
1993 at Logitech, Inc., a computer peripherals company, serving most recently as its Director of Operations. He holds a B.E. in Electronic
Engineering with honors from the University of Limerick, Ireland.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Bill Parnell </I>has been a
director of the Company since June 2017. Mr. Parnell was President and CEO of Datalogic ADC from January 2012 thru July 2015 and President
and CEO of its predecessors: 1) Datalogic Scanning from March 2006 through December 2011 (initially known as PSC, Inc. and later including
the related operations of Datalogic) and 2) Datalogic Mobile from January 2011 thru December 2011. Datalogic is a supplier of Automatic
Data Capture and Industrial Automation products for the retail, manufacturing, transportation and logistics, and healthcare industries.
Mr. Parnell holds an MBA from the University of Washington and a Bachelor of Science Degree in Physics from Utah State University.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-indent: 27pt; margin-right: 0; margin-left: 0"><I>Ivan Lazarev</I> has been a
director of the Company since October 2019. Mr. Lazarev is the owner of GCC, LLC, an investment and technology consulting company. Prior
to GCC, Mr. Lazarev was the Group Head of Experiential Solutions at Aventri and he led Aventri&rsquo;s global strategy around onsite services
and technology while managing the team members who worked on onsite services for client events from late 2018 through 2020. Mr. Lazarev
co-founded ITN International in 1999 and served as its chief executive officer from 1999 through 2018 when ITN International was acquired
by Aventri. ITN International introduced the first web and contactless NFC smart card registration and information management system &ndash;
the BCARD System. Prior to ITN International, Mr. Lazarev served as Vice President of eExpo for 5 years, where he was instrumental in
the company&rsquo;s decision to invest in internet technology, earning eExpo the reputation as a technological leader in the U.S. event
industry. Mr. Lazarev holds a master&rsquo;s degree in mechanical engineering from Arts &amp; M&eacute;tiers in Paris, France and an MBA
in International Business from the University of South Carolina.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Lynn Zhao</I> has been a director
of the Company and has served as a VP Finance and Administration and CFO since May 2019. She had previously served as the Company&rsquo;s
Controller since January 2015 and was appointed Vice President and Controller in September 2017. She has served as a member of the Company&rsquo;s
Executive Leadership team since her appointment as VP and Controller. Ms. Zhao previously served as general accounting manager from December
2000 through January 2015. Ms. Zhao holds an MBA degree from San Jose State University and a Bachelor of Science degree in Chemistry from
Xiamen University in China.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Felix Marx </I>has over 20
years of global leadership experience in identity management, financial services, and telecommunications. Most recently, he served as
Executive Vice President and CEO of Tr&umacr;ata, a privacy-enhancing data analytics company, where he was instrumental in advancing consumer
data rights under the European General Data Protection Regulation (GDPR). He also served as a member of Tr&umacr;ata&rsquo;s Board of
Directors. Prior to Tr&umacr;ata, Mr. Marx held several executive roles at Mastercard, including Executive Vice President, Services, Asia
Pacific, where he led the go-to-market strategy and regional growth across all service products. He was also CEO of Pinpoint, a Mastercard-acquired
company, and previously served as CEO and President of C-Sam, Inc. and Identive Group. Earlier in his career, Mr. Marx held general management
positions at NXP Semiconductors, Philips Semiconductors, Global One Telecommunications, and Ericsson. He also played a founding role in
the NFC Forum and served as a board member for multiple technology companies. Mr. Marx holds a degree in electrical engineering from the
Technical Academy in Vienna, a postgraduate degree in Business Administration from the University of Commerce in Vienna, and a Master
of Advanced Studies in Knowledge Management from Danube University in Austria.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">BOARD MEETINGS AND COMMITTEES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Board of Directors
has determined that all of the nominees, except Mr. Mills and Ms. Zhao, satisfy the definition of &quot;independent director,&quot; as
established by Nasdaq listing standards. The Board of Directors has an Audit Committee, a Nominating Committee, and a Compensation Committee.
Each committee has adopted a written charter, all of which are available on the Company's website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance.
The Board of Directors has also determined that each member of the Audit Committee, the Nominating Committee, and the Compensation Committee
satisfies the definition of &quot;independent director,&quot; as established by Nasdaq listing standards.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Board of Directors
held a total of five meetings during the year ended December 31, 2024. The independent directors met separately without management or
management directors at all the Board meetings held during 2024. The Company strongly encourages members of the Board of Directors to
attend all meetings, including meetings of committees on which they serve. During 2024, each director attended least seventy-five percent
of the meetings of the Board of Directors and the Board committees on which he/she served.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee consists
of Messrs. Bass (Chairman), Parnell, and Lazarev. The members of the Audit Committee each qualify as &quot;independent&quot; under the
standards established by the Securities and Exchange Commission for members of audit committees. The Audit Committee also includes one
member, Dr. Bass, who has been determined by the Board of Directors to meet the qualifications of an &quot;audit committee financial expert&quot;
in accordance with Securities and Exchange Commission rules. Stockholders should understand that this designation is a disclosure required
by the Securities and Exchange Commission relating to Dr. Bass' experience and understanding with respect to certain accounting and auditing
matters. This designation does not impose upon Dr. Bass any duties, obligations or liabilities that are greater than are generally imposed
on him as a member of the Audit Committee, and his designation as an audit committee financial expert pursuant to this SEC requirement
does not affect the duties, obligations, or liabilities of any other member of the Audit Committee or Board of Directors.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee held
four meetings during the year ended December 31, 2024. The Audit Committee is responsible for appointing, compensating, and overseeing
actions taken by the Company's independent accountants, and reviews the Company's internal financial controls and financial statements.
The Audit Committee also oversees management&rsquo;s assessment and management of risks. Management and the independent accountants participated
in all meetings of the Audit Committee. Portions of each Audit Committee meeting were held between the Audit Committee members and the
independent accountants without the presence of management. The Committee reviewed the financial statements and the annual audit results,
including the independent accountants&rsquo; assessment of the Company&rsquo;s internal controls and procedures, and discussed with the
independent accountants the matters denoted as required communications by Auditing Standard AS1301, Communications with Audit Committees.
The meetings also included a discussion and review of auditor independence and a recommendation to the Board of Directors to approve
the issuance of the financial statements for the year ended December 31, 2024. The report of the Audit Committee for the year ended December&nbsp;31,
2024, is included in this Proxy Statement. The Audit Committee Charter is available on the Corporate Governance section of the Company&rsquo;s
website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Nominating Committee
Chairman is Dr. Bass who works with the other independent directors as a committee of the whole to consider and recommend nominations
for the Board of Directors and facilitate the self-assessment of Board performance by the independent directors. The independent directors
discussed nominations at the first regular board meeting of the year and Dr. Bass followed up with each candidate. The role of the Nominating
Committee is to determine that all nominated directors are willing and able to serve as a director for the ensuing year and recommend
their nomination. For 2026, the Nominating Committee will consider nominees recommended by security holders. Such nominations should be
made in writing to the Company, attention Corporate Secretary, no later than November 15, 2025, in order to be considered for inclusion
in next year&rsquo;s proxy statement. The Nominating Committee Charter is available on the Corporate Governance section of the Company&rsquo;s
website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Compensation Committee
consists of Messrs. Parnell (Chairman), Lazarev and Hartmann, with Mr. Hartmann not seeking re-election. The Compensation Committee is
responsible for determining salaries, incentives, and other forms of compensation for directors and officers of the Company, approving
stock options and restricted stock award grants, approving the Company's incentive compensation and benefit plans, and providing oversight
of all matters affecting compensation including overseeing management&rsquo;s assessment and management of compensation-related risks.
The Compensation Committee Charter is available on the Corporate Governance section of the Company's website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>COMPENSATION OF DIRECTORS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Regular meetings of the
Board of Directors are scheduled once per quarter. Directors who are not employees of the Company receive $8,000 per regular meeting of
the Board of Directors that they attend. Committee chairpersons receive an additional $2,000 per regular meeting to recognize the additional
responsibilities and workload for the committee leadership positions. Non-employee directors are also entitled to participate in the Company's
2004 Equity Incentive Plan. Grants of equity to non-employee directors are made annually as compensation for Board service, committee
service, and committee and Board leadership positions, generally at the time of the annual election of the Board of Directors. Additional
grants may be awarded in recognition of services beyond normal board duties. See &ldquo;Director Compensation&rdquo; for information regarding
restricted stock grants awarded in 2024.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><B>VOTE REQUIRED AND RECOMMENDATION OF THE
BOARD </B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">If a quorum is present
at the Annual Meeting, the six nominees receiving the highest number of votes will be elected to the Board of Directors.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS
THAT STOCKHOLDERS VOTE &quot;FOR&quot; ALL OF THE COMPANY'S NOMINEES FOR DIRECTORS.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">PROPOSAL TWO</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Each
year our stockholders have the opportunity to vote to approve, on a nonbinding advisory basis, the compensation of our named executive
officers (&ldquo;NEO&rdquo;). As described in &ldquo;Compensation Discussion and Analysis&rdquo; and elsewhere in this proxy statement,
we seek to closely align the interests of our executive officers with the interests of our stockholders and to attract, motivate and retain
our named executive officers who are critical to our success. Our Compensation Committee regularly reviews named executive officer compensation
to ensure such compensation is consistent with our goals. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The base salaries paid
to our named executive officers are compared to equivalent positions in similar-sized companies and geographic regions in similar fields
of business reflected in regional compensation surveys. Base salaries for executives are generally targeted between the median and 75<SUP>th</SUP>
percentile of compensation levels for equivalent positions in similar-sized companies and geographic regions in similar fields of business
but may be set to higher or lower levels to recognize a particular executive&rsquo;s role, responsibilities, skills, experience, and performance.
Variable performance-based incentive compensation targets are set each year for named executive officers. Target awards for named executive
officers are intended to motivate and reward executives to meet or exceed financial performance goals of revenue attainment and operating
profitability measured annually based on individual performance goals, actual financial results for revenue and Earnings Before Interest,
Taxes, Depreciation and Amortization (EBITDA), a common measure of operating performance, compared to an annual financial plan approved
by the Board of Directors. Awards may only be paid for a portion of EBITDA profits earned in the measurement period.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Long-term
incentive awards for our named executive officers consist of equity awards that are granted at the fair market value on the date of grant.
Granted shares vest over a period of time, typically 4 years, through the stockholder-approved 2004 Equity Incentive Plan. The goal is
to align the financial interests of the named executive officers with those of stockholders by providing significant incentives to manage
the Company from the perspective of an owner with an equity stake in the business. The Compensation Committee determines the size of each
award based on the individual&rsquo;s level of responsibility, recent performance, his or her potential for future responsibility and
promotion, the number of unvested options held by the individual at the time of the new grant, and the size of the available stock award
pool.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">The
advisory vote on executive compensation solicited by this proposal is not intended to address any specific item of compensation, but rather
the overall compensation of our Chief Executive Officer, our Chief Financial Officer, and our three other most highly compensated executive
officers, who are collectively referred to as our &ldquo;named executive officers,&rdquo; which is disclosed elsewhere in this proxy statement.
The vote is advisory, which means that it is not binding on the Board of Directors, the Compensation Committee, or the Company in any
way. However, the Compensation Committee will review the outcome of the vote and take it into consideration when considering future executive
compensation policies and decisions. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">We ask our stockholders
to vote &ldquo;FOR&rdquo; the following resolution at the 2025 Annual Meeting:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>RESOLVED, that the stockholders
of Socket Mobile, Inc. approve, on an advisory basis, the compensation of the Company&rsquo;s named executive officers for the fiscal
year ended December 31, 2025, as disclosed pursuant to Item 402 of Regulation S-K in the Company&rsquo;s definitive proxy statement for
the 2025 Annual Meeting of Stockholders.</B></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left"><B>VOTE REQUIRED AND RECOMMENDATION OF THE BOARD</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Approval
of the compensation of the Company&rsquo;s named executive officers as described in this Proxy Statement requires the affirmative vote
of a majority of the shares present online or represented by proxy at the meeting and entitled to vote thereon. </FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">THE BOARD OF DIRECTORS
UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE &quot;FOR&quot; APPROVAL OF THE FOREGOING RESOLUTION.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0pt; text-align: center; text-indent: 0pt">PROPOSAL THREE</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">RATIFICATION OF THE APPOINTMENT OF INDEPENDENT
REGISTERED PUBLIC ACCOUNTANTS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee has
selected Sadler, Gibb &amp; Associates, LLC, independent registered public accountants, to audit the financial statements of the Company
for the fiscal year ending December 31, 2025, and recommends that stockholders vote for ratification of such appointment.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Sadler, Gibb &amp; Associates,
LLC has performed the audit of the financial statements of the Company since 2012.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">FEES BILLED BY INDEPENDENT REGISTERED
PUBLIC ACCOUNTANTS DURING FISCAL YEARS 2024 AND 2023</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Audit Fees:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Audit fees billed to the
Company by Sadler, Gibb &amp; Associates, LLC for their audit of the Company&rsquo;s 2024 and 2023 fiscal year financial statements totaled
$104,467 and $99,000, respectively. Quarterly reviews of the Company's quarterly financial statements were $24,000 for fiscal 2024 and
$23,100 for fiscal 2023. The Company was a non-accelerated filer for fiscal years 2024 and 2023, and an audit of the Company's internal
controls on December 31, 2024, and 2023 was not required.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Audit-Related Fees:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Audit-related fees billed
to the Company by Sadler Gibb &amp; Associates, LLC during the Company&rsquo;s 2024 and 2023 fiscal years were $0 and $2,500, respectively.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Tax Fees:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Fees billed to the Company
by Sadler, Gibb &amp; Associates, LLC for tax services during the Company&rsquo;s 2024 and 2023 fiscal years were $10,030 and $7,650,
respectively. Tax fees are for the preparation of the annual Federal and State tax returns for the previous year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>All Other Fees:</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">None</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Approval Procedures:</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee's policy
is to pre-approve all audits and other permissible services provided by the independent accountants. These services may include audit
services, audit-related services, tax services and other services. Pre-approval is generally detailed as to the particular service or
category of services and is generally subject to a specific budget. The independent accountants and management are required to report
periodically to the Audit Committee regarding the extent of services provided by the independent accountants in accordance with this pre-approval
process and the fees for the services performed through such date. The Audit Committee may also pre-approve particular services on a case-by-case
basis. All services performed by the independent accountants in fiscal 2024 and 2023 were preapproved by the Audit Committee. The Audit
Committee has considered whether the provision of the services described in this section is compatible with maintaining the independence
of the audit firm and determined that it is.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">VOTE REQUIRED AND RECOMMENDATION OF THE
BOARD</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Ratification of the appointment
of Sadler, Gibb &amp; Associates, LLC as the Company's independent registered public accountants for the fiscal year ending December 31,
2025, requires the affirmative vote of a majority of the shares present online or represented by proxy at the meeting and entitled to
vote thereon to be approved.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Stockholder ratification
of the appointment of Sadler, Gibb &amp; Associates, LLC as the Company's independent registered public accountants is not required by
the Company's bylaws or other applicable legal requirements. However, the Audit Committee is submitting the appointment of Sadler, Gibb
&amp; Associates, LLC to the stockholders for ratification as a matter of common corporate practice. If the stockholders fail to ratify
the appointment, the Audit Committee will reconsider its selection. Even if the appointment is ratified, the Audit Committee at its discretion
may direct the appointment of a different independent accounting firm at any time during the year, if it determines that such a change
would be in the best interests of the Company and its stockholders.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS
THAT STOCKHOLDERS VOTE &quot;FOR&quot; THE RATIFICATION OF THE APPOINTMENT OF SADLER, GIBB &amp; ASSOCIATES, LLC AS THE COMPANY'S INDEPENDENT
REGISTERED PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
AND MANAGEMENT</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">The following table sets
forth, as of the Record Date, certain information with respect to the beneficial ownership of the Company's Common Stock, as to (i) each
person known by the Company to own beneficially more than five percent of the outstanding shares of Common Stock; (ii) each director of
the Company; (iii) each executive officer of the Company named in the Summary Compensation table; and (iv) all directors and executive
officers of the Company as a group. Except as set forth below, the address of record for each of the individuals listed in this table
is: c/o Socket Mobile, Inc., 40675 Encyclopedia Cir., Fremont, CA 94538.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">We have determined beneficial
ownership in accordance with SEC rules. The percentage of beneficial ownership is based on 7,952,988 shares of our Common Stock outstanding
as of the Record Date. In computing the number of shares beneficially owned by a person or entity and the percentage ownership of that
person or entity, we deemed to be outstanding all shares of our Common Stock as to which such person or entity has the right to acquire
within 60 days of the Record Date, through the exercise of any option or other right. We did not deem these shares outstanding, however,
for the purpose of computing the percentage ownership of any other person or entity.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 10pt"><B>Name
    of Beneficial Owner <SUP>(1)</SUP></B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number
    of Shares of Common Stock Beneficially Owned</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Percentage
    of Shares of Common Stock Beneficially Owned</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt"><B><I>5% Stockholders</I></B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Enrico
    Mills </FONT><FONT STYLE="font-size: 8pt"><SUP>(2)</SUP></FONT><FONT STYLE="font-size: 11pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599,547</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3% </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt"><B><I>Directors and Executive Officers</I></B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Charlie
    Bass </FONT><FONT STYLE="font-size: 8pt"><SUP>(3)</SUP></FONT><FONT STYLE="font-size: 11pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,607,381</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36.2% </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Kevin
    Mills </FONT><FONT STYLE="font-size: 8pt"><SUP>(4)</SUP>&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711,465</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4% </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Bill
    Parnell </FONT><FONT STYLE="font-size: 8pt"><SUP>(5)</SUP></FONT> <FONT STYLE="font-size: 11pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235,379</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Lynn
    Zhao </FONT><FONT STYLE="font-size: 8pt"><SUP>(6) </SUP>&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200,472</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Leonard
    L. Ott </FONT><FONT STYLE="font-size: 8pt"><SUP>(7)</SUP>&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170,885</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">David
    A. Holmes </FONT><FONT STYLE="font-size: 8pt"><SUP>(8)</SUP>&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140,247</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Eric
    Glaenzer </FONT><FONT STYLE="font-size: 8pt"><SUP>(9)</SUP></FONT> <FONT STYLE="font-size: 11pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97,476</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Ivan
    Lazarev </FONT><FONT STYLE="font-size: 8pt"><SUP>(10)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31,750</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">Alexis Hartmann &#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,250</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 8pt; text-indent: -0.15in"><FONT STYLE="font-size: 11pt">All
    Directors and Executive Officers as a group (9 persons) </FONT><FONT STYLE="font-size: 8pt"><SUP>(11)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">5,200,305</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 11pt">48.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 52%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 23%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">*Less than 1%&#9;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">To the Company&rsquo;s knowledge, the persons named in the table have sole voting and investment power
with respect to all shares of Common Stock shown as beneficially owned by them, subject to community property laws where applicable, and
the information contained in the footnotes to this table.</TD></TR></TABLE>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">Includes
286,389 shares of Common Stock held by Enrico Mills, (ii) 50,415 shares held in custodial accounts for his minor children, and (iii) up
to 262,742 shares of Common Stock issuable to Enrico Mills upon conversion of a convertible subordinated secured promissory note.(3) </TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(3)</TD><TD STYLE="text-align: justify">Includes
32,771 shares of Common Stock issuable pursuant to stock options that are exercisable within 60 days of the Record Date, and 1,982,959
shares of Common Stock issuable, at the noteholder&rsquo;s discretion, upon conversion of convertible notes.</TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(4)</TD><TD STYLE="text-align: justify">Includes 36,025 shares of Common Stock issuable pursuant to stock options that are exercisable within
60 days of the Record Date, and 492,996 shares of Common Stock issuable, at the noteholder&rsquo;s discretion, upon conversion of convertible
notes.</TD></TR></TABLE>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(5)</TD><TD STYLE="text-align: justify">Includes
10,542 shares of Common Stock issuable pursuant to stock options that are exercisable within 60 days of the Record Date, and 179,722 shares
of Common Stock issuable, at the noteholder&rsquo;s discretion, upon conversion of convertible notes.</TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(6)</TD><TD STYLE="text-align: justify">Includes 29,289 shares of Common Stock issuable pursuant to stock options that are exercisable within
60 days of the Record Date, and 17,123 shares of Common Stock issuable, at the noteholder&rsquo;s discretion, upon conversion of convertible
notes.</TD></TR></TABLE>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(7)</TD><TD STYLE="text-align: justify">Includes
35,801 shares of Common Stock issuable pursuant to stock options that are exercisable within 60 days of the Record Date.</TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(8)</TD><TD STYLE="text-align: justify">Includes 22,917 shares of Common Stock issuable pursuant to stock options that are exercisable within
60 days of the Record Date.</TD></TR></TABLE>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(9)</TD><TD STYLE="text-align: justify">Includes
8,713 shares of Common Stock issuable pursuant to stock options that are exercisable within 60 days of the Record Date.</TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(10)</TD><TD STYLE="text-align: justify">Includes 10,208 shares of Common Stock issuable pursuant to stock options that are exercisable within
60 days of the Record Date.</TD></TR></TABLE>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(11)</TD><TD STYLE="text-align: justify">Includes
186,266 shares of Common Stock issuable pursuant to stock options that are exercisable within 60 days of the Record Date, and 2,672,800
shares of Common Stock issuable, at the noteholder&rsquo;s discretion, upon conversion of convertible notes.</TD></TR></TABLE>
<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

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<P STYLE="font: 9pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING
COMPLIANCE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Section
16(a) of the Securities and Exchange Act of 1934, as amended, requires the Company's executive officers, directors, and persons who own
more than ten percent of the Company's Common Stock to file reports of ownership and changes in ownership with the SEC and the National
Association of Securities Dealers, Inc. Executive officers, directors and greater than ten percent stockholders are required by SEC regulations
to furnish the Company with copies of all Section 16(a) forms they file. We prepare Section 16(a) forms on behalf of our executive officers
and directors based on the information provided by them. Based solely on a review of this information, the Company believes that during
fiscal 2024 all of its executive officers and directors complied with their Section 16(a) filing requirements. </FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">MANAGEMENT</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The named executive officers
of the Company are as follows. The information on age is as of the Record Date of April 4, 2025.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 39%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Name of Officer</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Age</B></P></TD>
    <TD STYLE="width: 53%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Position with
    the Company</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.3in; padding-left: 5.4pt; font-size: 10pt; text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0">Kevin Mills</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">64</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: left">President and Chief Executive Officer and Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.3in; padding-left: 5.4pt; font-size: 10pt; text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0">Lynn Zhao</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">56</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Chief Financial Officer, Secretary and Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.3in; padding-left: 5.4pt; font-size: 10pt; text-align: justify">Leonard L. Ott&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">66</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Chief Information Officer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.3in; padding-left: 5.4pt; font-size: 10pt; text-align: justify">David A. Holmes&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">50</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Chief Business Officer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.3in; padding-left: 5.4pt; font-size: 10pt; text-align: justify">Eric Glaenzer&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">57</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Chief Technology Officer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">For biographical information
regarding Kevin Mills and Lynn Zhao, please see &quot;Proposal One - Election of Directors&quot; above.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Leonard L. Ott</I> currently
serves as Executive Vice President and Chief Information Officer. He was promoted in January 2019 to Executive Vice President and Chief
Technical Officer, overseeing technical marketing. Previously, he served as the Company's Vice President and Chief Technical Officer since
October 2000 and Vice President of Engineering and Chief Technical Officer from October 2013 to January 2019. Mr.&nbsp;Ott first worked
with the Company as an engineering consultant from November 1993 to March 1994 before officially joining in March 1994, where he held
progressively senior engineering roles. Mr.&nbsp;Ott holds a B.A. degree in Computer Science from the University of California at Berkeley.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>David A. Holmes</I>
was hired in May 2021 as Chief Business Officer. Mr.&nbsp;Holmes has over 20 years of professional experience in the Near-Field Communications
(NFC) and mobile payments industry. He has worked with NXP and Identive, and his most recent experience was with UL&rsquo;s Cybersecurity
division, where he was responsible for their Global Strategic Accounts. Mr. Holmes holds an MBA from Portland State University and a BS
in Industrial Engineering from the University of Nebraska.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify; text-indent: 0.5in"><I>Eric Glaenzer</I>
was appointed Chief Technology Officer on August 9, 2024. He has been with the company since February 2005, starting as Director of Software
before advancing to Vice President and Chief Software Architect in January 2019. Prior to these roles, he served as the company&rsquo;s
Bluetooth Group Manager from 2003 to 2005. Mr. Glaenzer began his career in 1991 as a Project Leader at SAFRAN, where he oversaw secure
identification systems for the French Army. He holds an MBA from HEC Paris and a Bachelor of Science in Engineering from EPITA in France.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"></P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">DIRECTOR COMPENSATION</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left">Compensation of Non-Employee Directors</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">The
following tables set forth the annual compensation paid to or accrued by the Company on behalf of the non-employee directors of the Company
for the fiscal year ended December&nbsp;31, 2024. </FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 20%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Name</B></P></TD>
    <TD STYLE="width: 19%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Fees Earned
    or Paid in Cash ($) <SUP>(1)</SUP></B></P></TD>
    <TD STYLE="width: 24%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B><BR>
    Restricted Stock Awards ($)<SUP>(2)(3)</SUP></B></P></TD>
    <TD STYLE="width: 21%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B><BR>
    Options Awards ($)<SUP>(2)(4)(5)</SUP></B></P></TD>
    <TD STYLE="width: 16%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Total ($)</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Charlie Bass&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$40,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">$21,450</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$110,465</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$171,915 </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Bill Parnell&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$40,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">$14,300</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35,977</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$90,277</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Ivan Lazarev&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$32,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">$12,870</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10,949</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$55,819</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Alexis Hartmann&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$8,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">$5,171</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12,171&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(1)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">Directors are paid a fee for preparation and attendance
at regularly scheduled board meetings at the rate of $8,000 per meeting. Committee chairpersons receive an additional $2,000 per regular
meeting to recognize the additional responsibilities and workload for the committee leadership positions. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(2)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">Reflects the aggregate grant date fair value of the shares
in accordance with FASB Accounting Standards Codification Topic 718. The assumptions used in the valuation of these awards are set forth
in the notes to our consolidated financial statements, which are included in our Annual Report on Form&nbsp;10-K for the year ended December
31, 2024, filed with the SEC on March 25, 2025. These amounts do not correspond to the actual value that may be realized by the directors.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(3)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">On May 15, 2024, Dr. Bass was granted 15,000 restricted
stock awards, Mr. Parnell received 10,000, and Mr. Lazarev received 9,000. Upon his appointment on August 22, 2024, Mr. Hartmann was granted
5,250 restricted stock awards.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(4)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">On June 25, 2024, following shareholder approval at the
2024 Annual Meeting, the Company cancelled outstanding stock options previously granted to non-employee directors and issued replacement
options with updated terms, including a lower exercise price. The number of shares subject to the cancelled and replacement options were:
93,000 for Charlie Bass, 46,000 for Bill Parnell, and 14,000 for Ivan Lazarev. The replacement options had a lower grant-date fair value
than the cancelled awards. As a result, no incremental compensation expense was recorded under FASB ASC Topic 718.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(5)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">On June 26, 2025, Dr. Bass was granted stock options for
50,000 shares. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt; font-weight: normal">(6)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt; font-weight: normal">The following table presents the aggregate number of shares
underlying outstanding stock options held by each of our non-employee directors as of December 31, 2024.</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 55%; border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="width: 1%; font-size: 11pt; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 44%; border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Aggregate
    Number of Shares Underlying Outstanding Options</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; padding-top: 1.65pt; padding-bottom: 1.5pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Charlie
    Bass</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 12pt; font-size: 11pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; line-height: 130%; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">143,000</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; padding-top: 2.65pt; padding-bottom: 1.5pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Bill
    Parnell</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 12pt; font-size: 11pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; line-height: 130%; font-size: 11pt; text-align: right; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">46,000</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; padding-top: 2.65pt; padding-bottom: 1.5pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Ivan
    Lazarev</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 12pt; font-size: 11pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; line-height: 130%; font-size: 11pt; text-align: right; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">21,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Non-employee
directors are entitled to participate in the Company's 2004 Equity Incentive Plan. Grants of options or restricted awards to directors
for Board and Committee service are made annually, commencing at the start of the Board term. The grants for the year 2024 were determined
as follows: each non-employee director received restricted stocks of 5,000 shares for participation in Board meetings. Additionally, the
Director serving as the Board chairperson received an extra 5,000 shares. Directors serving as chairpersons of the Audit and Compensation
Committees each received an additional 3,000 shares, while non-chair members of these Committees received an extra 2,000 shares. As a
result, in 2024, the group of three outside directors collectively received restricted stock awards totaling 39,250 shares as of August
22, 2024. The restricted stock awards vest immediately on the grant date. See also Proposal One &ndash; Compensation of Directors. </FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">COMPENSATION DISCUSSION AND ANALYSIS</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-style: normal"><B>OVERVIEW</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Compensation Committee
of the Board of Directors establishes the general compensation policies of the Company as well as the compensation plans and specific
compensation levels for executive officers. Short-term executive compensation consists of base salary and variable incentive salary awards
that are performance-based. Long-term executive compensation consists of stock options and restricted stock grants that vest over time
and gain in value as common stock values increase. The Committee strives to ensure that the Company's executive compensation programs
enable the Company to attract, retain, motivate and reward key people based on a pay-for-performance approach, targeted between median
and 75th percentile for equivalent positions in similar-sized companies and geographic regions in similar fields of business but maybe
set to higher or lower levels to recognize a particular executive&rsquo;s role, responsibilities, skills, experience and performance .
Within this framework, actual compensation can vary depending on each executive officer&rsquo;s position, responsibilities, and overall
experience. Overall, the Company strives to provide a total compensation package that is fair, reasonable, and competitive with prevailing
practices in the Company's industry.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>COMPENSATION PHILOSOPHY
AND OBJECTIVES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company's compensation
policies, plans, and programs are intended to achieve the following objectives:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: left; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: left">attract, retain, motivate, and reward talented executive officers and employees;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: left">provide executive officers with performance-based cash bonus opportunities linked to achievement of financial
objectives of revenue attainment and operating profitability; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: left">align the financial interests of executive officers, directors, and employees with those of stockholders
by providing each through the stock option program with an equity stake in the Company.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company's approach to executive
compensation is to set base compensation levels between median and the 75<SUP>th</SUP> percentile for equivalent positions in similar-sized
companies and geographic regions in similar fields of business, and reflecting the experience and performance of each individual. Compensation
may be set to higher or lower levels to recognize a particular employee<I>'</I>s role, responsibilities, skills, experience, and performance.
Variable compensation targets are tied to financial and individual performance so as to motivate and reward the positive performance of
executive officers in driving the Company to achieve key financial objectives including revenue attainment and profitability leading to
increases in stockholder value. Long-term equity incentive awards are offered through its equity incentive program with annual grants
to all executives commensurate with each executive&rsquo;s level of responsibility, experience, and performance, while maintaining acceptable
levels of dilution.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>ELEMENTS OF EXECUTIVE
COMPENSATION</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The three major components
of compensation for the Company's executive officers are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">base salaries;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">variable performance-based cash incentive awards; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">long-term, equity-based incentive awards.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The base salaries and variable
performance-based incentive award components of the Company's compensation program are compared to equivalent positions in similar-sized
companies and geographic regions in similar fields of business reflected in regional compensation surveys. Compensation surveys are used
to benchmark the Company's executive and employee salaries, as it is a broad-based compensation survey with an emphasis on smaller companies
in the electronics industry and provides information on base salary and variable incentive awards based on the size of companies operating
within the Company&rsquo;s geographic region. Offering competitive salary packages to employees is an essential element of attracting
and retaining key employees in the San Francisco Bay Area including Silicon Valley, which has many electronics firms that compete for
talent and offer a variety of employment alternatives.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Base Salaries</I>. The
Compensation Committee establishes a competitive base salary for each executive officer designed to recognize the skills and experience
the individual brings to the Company and the performance contributions he or she makes. Base salaries for executives are generally targeted
between median compensation levels and the 75<SUP>th</SUP> percentile for equivalent positions in similar-sized companies and geographic
regions in similar fields of business but maybe set to higher or lower levels to recognize a particular executive&rsquo;s role, responsibilities,
skills, experience and performance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Compensation Committee
determines both the amount and timing of base salary increases for executive officers. Factors affecting the level of base salary increases
each year include the overall financial performance of the Company, changes in the base salary compensation levels for equivalent positions
in similar-sized companies and geographic regions in similar fields of business reflected in regional compensation surveys, and the individual
performance of each executive.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Variable Performance-Based
Incentive Awards</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Variable performance-based
incentive compensation targets are set each year for named executive officers. Target awards for named executive officers are intended
to motivate and reward executives to meet or exceed financial performance goals of revenue attainment and operating profitability measured
annually based on individual performance goals, actual financial results for revenue and Earnings Before Interest, Taxes, Depreciation
and Amortization (EBITDA), a common measure of operating performance, compared to an annual financial plan approved by the Board of Directors.
Awards may only be paid for a portion of EBITDA profits earned in the measurement period. Actual variable compensation payments as a percentage
of variable compensation targets for the past three years are shown in the following table for the Named Executive Officers.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Variable Performance-Based
Incentive Awards as a percentage of Incentive targets:</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 25%; border-bottom: Black 1pt solid; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Named Executive Officer</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 33%; border-bottom: Black 1pt solid; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Position(s)</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>2024</B></P></TD>
    <TD STYLE="vertical-align: top; width: 16%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>2023</B></P></TD>
    <TD STYLE="vertical-align: top; width: 16%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0in"><B>2022</B></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 0.1in; padding-left: 0.1in; font-size: 11pt; text-align: left; text-indent: -0.1in"><FONT STYLE="font-size: 10pt">Kevin Mills (1)&#9;<BR>
<BR>
</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">President and Chief Executive Officer and Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">10%</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">0%</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">41.6%</FONT></TD></TR>
  <TR>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.1in 0 0; text-align: left; text-indent: 0in">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.1in 0pt 0pt; text-align: left; text-indent: 0pt">Lynn Zhao (2)&#9;<BR>
    <BR>
    </P></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Chief Financial Officer, Secretary and Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">10%</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">0%</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 12pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">41.6%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.1in; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Leonard L. Ott (3)&#9;</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Chief Information Officer</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">10%</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">0%</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">41.6%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.1in; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">David A. Holmes (4)&#9;</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Chief Business Officer</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">10%</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">0%</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">41.6%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.1in; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Eric Glaenzer (5)&#9;</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Chief Technology Officer</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">10%</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">NA</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 11pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">NA</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/85% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in; text-align: left">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">The variable financial incentive compensation target for Mr. Mills was set at $156,000 for 2024, $150,000
for 2023 and $120,000 for 2022.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The variable financial incentive compensation target for Ms. Zhao was set
at $80,000 for 2024 and 2023, and $48,000 for 2022. </FONT></TD></TR></TABLE>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The variable financial incentive compensation target for Mr. Ott was set
at $80,000 for 2024 and 2023, and $55,000 for 2022.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The variable financial incentive compensation target for Mr. Holmes was
set at $125,213 for 2024, $100,000 for 2023, and $60,000 for 2022.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(5)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The variable financial incentive compensation target for Mr. Glaenzer was
set at $66,000 for 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><I>&nbsp;</I></P>

<P STYLE="font: 11pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><I>Long-Term Equity-Based Incentive
Awards</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Long-Term
Equity-Based Incentive Awards are provided through the stockholder-approved 2004 Equity Incentive Plan, as amended. Although the Equity
Incentive Plan provides for a variety of equity incentive awards, to date through 2024 the Compensation Committee has awarded stock options
and restricted stock awards from the Equity Incentive Plan. The goal of the Company's long-term, equity-based incentive awards is to align
the financial interests of the executive officers and employees of the Company with those of stockholders and to provide each executive
officer and employee with a significant incentive to manage the Company from the perspective of an owner with an equity stake in the business.
All equity incentives are subject to vesting provisions to encourage executive officers and employees to remain employed with the Company.
The Compensation Committee determines the size of each award based on the individual&rsquo;s level of responsibility, recent performance,
his or her potential for future responsibility and promotion, the number of unvested options and restricted stocks held by the individual
at the time of the new grant, and the size of the available stock award pool to arrive at a level that the Committee considers appropriate
to create a meaningful opportunity for equity participation by the individual.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">As of December 31, 2024,
there were 417,099 shares available for grant under the 2004 Equity Incentive Plan. In addition, the 2004 Equity Incentive Plan provides
for an automatic increase each January 1<SUP>st</SUP> equal to the lesser of (a) 400,000 shares, (b) 4% of the outstanding shares on that
date, or (c) a lesser amount as determined by the Board of Directors. The increase in shares available for grants on January 1, 2025 was
304,225 shares. Equity awards are granted to executive officers, employees, and consultants at the discretion of the Company with the
approval of the Compensation Committee. The Company, in consultation with the Compensation Committee and the full Board of Directors,
grants equities annually to directors for service on the Board of Directors.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company prepares an
annual allocation plan dividing the available stock in the grant pool among refresher grants, new employee grants, director grants and
reserves for approval by the Compensation Committee. The timing, award criteria and award procedures are discussed more fully under Equity
Incentive Grant Policies in the next section. New employee grants are typically made on the first trading day of the month following the
date of hire. Refresher grants are made annually, typically during the first quarter of the year. Stock option grants typically vest monthly
over 48 months, contingent upon continued employment with the Company. All stock options expire ten years after the date of the grant.
Fully vested grants, or grants vesting over a shorter or longer-term than four years, may be awarded at the discretion of the Compensation
Committee. Restricted stocks typically vest on the schedule of 15% after year one, 20% after year two, 25% after year three, and 40% after
year four, subject to continued employment with the Company. Stock options provide a return only if the individual remains with the Company
and only if the market price of the Company&rsquo;s Common Stock appreciates during the option term. Restricted stocks provide the entire
value of each vested share.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company believes that
stock options and restricted stock grants are effective in attracting and retaining key employees, and the Company provides initial grants
to all new employees and annual refresher grants to all continuing employees with a weighting reflecting the level of responsibility and
performance of the employee. Many of the senior executives and employees have been employed by the Company for more than ten years and
have amassed a number of stock option grants (stock options expire 10 years, or 5 years for optionees who own 10% or more of the voting
power of all classes of the Company&rsquo;s outstanding capital stock, after the date of grant) and restricted stock awards with the potential
for substantial cumulative compensation if stock prices increase, thus aligning their interests with those of stockholders. The Company
believes stock options and restricted stocks are effective long-term incentives because of the expectations of the management team and
employees that the Company&rsquo;s products and the markets they address provide opportunities for growth that may result in share price
appreciation.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Other Compensation</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Executive officers are
entitled to participate in the same health and benefit programs and 401(k) program as are available to all employees of the Company and
do not receive any perquisites from the Company.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-style: normal"><B>EQUITY
INCENTIVE GRANT POLICIES</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>General option and restricted
stock grant practices</I>. All stock option and restricted stock grants are awarded by the Company upon approval of the Compensation Committee.
The actions of the Compensation Committee are documented in minutes that are retained in the minute book of the Company.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Initial restricted stock
grants. </I>The Company seeks the Compensation Committee&rsquo;s approval to award initial restricted stocks to new employees of the Company
typically on the first trading day of the month following the individual&rsquo;s commencement of the employment. The size of the grant
is based on the responsibilities of the employee and as agreed in the employee&rsquo;s employment offer. Grant proposals for executive
officers are approved by the Compensation Committee in advance of employment offers being made. Grants to rank-and-file employees are
made within general guidelines reviewed and approved by the Compensation Committee, and the actual grant requires the approval of the
Compensation Committee at the time of grant. Initial restricted stock grants generally vest on the schedule of 15% after year 1, 20% after
year 2, 25% after year 3, and 40% after year 4, subject to continued employment with the Company. In 2024, 24,000 restricted stocks were
awarded to 2 new employees representing 4.7% of awards granted during the year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Initial stock option
grants. </I>The company seeks the Compensation Committee&rsquo;s approval to award initial stock option grants, if any, to new employees
of the Company, typically on the first trading day of the month following the individual&rsquo;s commencement of employment. The size
of the grant is based on the responsibilities of the employee and as agreed in the employee&rsquo;s employment offer. Grant proposals
for executive officers are approved by the Compensation Committee in advance of employment offers being made. Grants to rank-and-file
employees are made within general guidelines reviewed and approved by the Compensation Committee, and the actual grant requires the approval
of the Compensation Committee at the time of grant. Initial stock option grants generally vest 25% on the one-year anniversary of employment
and 1/48<SUP>th</SUP> per month thereafter for a total vesting period of 48 months. The delay in initial vesting for the first twelve
months of employment provides an incentive for employee retention and ensures that the employee is familiar with the Company and its goals
and objectives prior to options vesting. In 2024, a board director and a consultant were awarded options to purchase a total of 75,000
shares, replacing their 69,000 expired stock options.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Refresher employee and
consultant restricted stock grants</I>. The Company awards refresher restricted stock awards annually and supplemental grants based on
the approval of the Compensation Committee, reflecting the responsibilities and performance of each employee and consultant, and their
contributions to meet the Company&rsquo;s goals and objectives. In 2024, the Compensation Committee awarded annual refresher restricted
stock awards of 442,750 shares to employees and consultants, representing 87.5% of awards granted during the year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Performance-based restricted
stock grants</I>. Performance-based restricted stock awards vest depending upon the attainment of specified performance goals.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Director equity incentive
grants</I>. A portion of the compensation of the Company&rsquo;s outside directors is in the form of an annual equity grant. Director
grants are granted by the Company on approval of the full Board of Directors following the annual election of directors. Stock options
and/or restricted stock awards are awarded equally to all directors for Board service. Additional options and/or restricted stocks are
awarded for Board and committee leadership positions and Committee service, as discussed under &ldquo;<I>Director Compensation&rdquo;.</I>
In 2024, the Company granted an aggregate of 39,250 shares of restricted stock to the four outside directors of the Company, representing
7.8% of awards granted during the year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>ACCOUNTING AND TAX IMPLICATIONS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Accounting for Stock-Based
Compensation. </I>On January 1, 2006, the Company adopted the provisions of Financial Accounting Standards Board Accounting Standards
Codification (ASC) Topic 718, Stock Compensation (formerly FASB Statement 123(R)) for the fiscal years ended December 31, 2006, and beyond.
Under ASC Topic 718, the Company uses a binomial lattice valuation model to estimate the fair value of stock option grants made on or
after January 1, 2006. The binomial lattice model incorporates estimates for expected volatility, risk-free interest rates, employee exercise
patterns and post-vesting employment termination behavior. These estimates affect the calculation of the fair value of the Company&rsquo;s
stock option grants. The Company adopted the modified prospective recognition method and implemented the provisions of ASC Topic 718 (formerly
under FASB Statement 123(R)) beginning with the first quarter of 2006. The stock options and restricted stock grants are valued at the
closing market price on the date of the grant.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Income taxes. </I>The
Company has not provided any executive officer or director with a gross-up or other reimbursement for tax amounts the executive might
pay pursuant to Section 280G or Section 409A of the Internal Revenue Code. Although the 2004 Equity Incentive Plan also allows for the
issuance of grants qualifying as &ldquo;performance-based compensation&rdquo; under Section 162(m) of the Internal Revenue Code as it
was in effect during fiscal 2021, the Company has not adopted a policy that all compensation must be deductible.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>COMPENSATION OF THE CHIEF
EXECUTIVE OFFICER</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company&rsquo;s Chief
Executive Officer Kevin Mills is compensated under the same compensation structure applied to all of the Executive Officers of the Company
as described under <I>Elements of Executive Compensation, </I>specifically base salary, variable performance-based compensation, and long-term
equity incentive awards in the form of stock option grants.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Base Salary:</I> Mr.
Mills&rsquo; annual base salary was $312,000 effective July 1, 2024. The base salary was set at median levels for CEOs of equivalent positions
in similar-sized companies and geographic regions in similar fields of business reflected in regional compensation survey data.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Variable Compensation</I>.
Mr. Mills&rsquo; variable salary target of $156,000 for 2024 was set at the median levels for CEOs of similar-sized companies and geographic
regions in similar fields of business reflected in regional compensation survey data. All variable compensation awards are performance-based.
10% compensation was earned in 2024 for achieving individual goals set at the beginning of the year. See <I>Performance Based Variable
Incentive Awards </I>under Elements of Executive Compensation for attainment percentages earned by Mr. Mills over the past three years
compared to the other Named Executive Officers of the Company.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Long-term equity incentive
awards.</I> Mr. Mills received an annual employee refresher restricted stock award of 30,000 shares vesting on the schedule of 15% after
year 1, 20% after year 2, 25% after year 3, and 40% after year 4, subject to continued employment with the Company.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"><I>Benefits</I>. Mr. Mills
participates in the same benefit programs as all of the employees of the Company. The CEO&rsquo;s employment is subject to an employment
contract which provides for six months of continuation of base salary and medical benefits in the event of involuntary termination of
services other than for cause, and payment of his variable salary entitlements had he remained employed during this period in the event
of a change in control or involuntary termination. The CEO receives no perquisites.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><B>PAY VERSUS PERFORMANCE</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">As required by Item 402(v)&nbsp;of
Regulation S-K, we are providing the following information regarding the relationship between executive compensation and our financial
performance for each of the last three completed calendar years. We are permitted to report as a &ldquo;smaller reporting company&rdquo;
as defined under the U.S. federal securities laws. Accordingly, we have not included a tabular list of financial performance measures
or included a column for a &ldquo;Company-Selected Measure&rdquo; as defined in Item 402(v)&nbsp;of Regulation S-K in the table. For further
information concerning the company&rsquo;s compensation philosophy and how the company aligns executive compensation with the company&rsquo;s
performance, refer to &ldquo;Compensation Discussion and Analysis&rdquo; above. The table below summarizes compensation values reported
in our Summary Compensation Table. Note that compensation for our NEOs other than our chief executive officer (&ldquo;CEO&rdquo;) is reported
as average.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(a)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(b)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(c)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(d)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(e)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(f)</B></FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>(g)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 6%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Year <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 3.75pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Summary</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Compensation</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Table Total for</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>CEO ($)<SUP>(2)</SUP></B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 3.75pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Compensation</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Actually Paid to</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>CEO ($)<SUP>(3)</SUP></B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 15%; border-bottom: black 1pt solid; padding-top: 3.75pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Average</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Summary</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Compensation</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Total for Non-</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>CEO Named</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Executive</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Officers ($)<SUP>(4)</SUP></B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 16%; border-bottom: black 1pt solid; padding-top: 3.75pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Average</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Compensation</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Actually Paid to</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Non-CEO</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Named</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Executive</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Officers ($)<SUP>(5)</SUP></B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Value of Initial Fixed $100
    Investment Based on Total</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Shareholder</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Return <SUP>(6)</SUP></B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 15%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Net Income (Loss)($)</B></FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2024</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$352,800</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$409,677</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$275,734</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$300,164&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$&nbsp;&nbsp;32.60</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($2,242,350)</FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2023</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$364,000</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$275,950</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$288,433</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$224,312&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$&nbsp;&nbsp;28.43</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($1,919,154)</FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2022</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$529,688</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$187,806</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$369,338</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$161,051&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$&nbsp;&nbsp;47.30</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86,931</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; background-color: white">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 26px; padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">For 2023, 2022 and 2021, Kevin Mills was our CEO and Leonard L. Ott, Lynn Zhao and David A. Holmes were our Non-CEO Named Executive Officers.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">The dollar amounts reported are the amounts of total compensation reported for Mr. Mills for each corresponding year in the &ldquo;Total&rdquo; column of the Summary Compensation Table.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: left; text-indent: 0in">The dollar amounts reported
represent the amount of &ldquo;compensation actually paid&rdquo; to Mr. Mills, as computed in accordance with Item 402(v) of Regulation
S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Mills during the applicable year. In
accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Mills&rsquo; total compensation
for each year to determine the compensation actually paid:&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Year</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; padding-top: 6pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Summary</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Compensation</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Table (SCT)</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Total</B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; border-bottom: black 1pt solid; padding-top: 6pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Stock and Option</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Awards Granted</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>during Year and</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>included in the</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>SCT</B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 6pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Year-End Fair</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Value of Stock</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Awards Granted</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>during Year and</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Remain</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Unvested</B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 6pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Change in Fair</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Value of Equity</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Awards</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Unvested at</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Prior Year End</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>and at Year End</B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 6pt; padding-bottom: 3.75pt">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Change in Fair</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Value of Equity</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Awards</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Unvested at</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>Prior Year End</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>that Vested</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center; text-indent: 0in"><B>during the Year</B></P></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2024</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$352,800</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($29,700)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$34,800</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$54,847</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($3,070)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$409,677</FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2023</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$364,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($64,000)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$34,530</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($52,348)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($6,231)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$275,950</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2022</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$529,688</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($185,367)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$90,903</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($204,650)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">($42,768)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">$187,806</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; background-color: white">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 27px; padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">The dollar amounts reported in column (d) represent the average of the amounts reported for the NEOs as a group (excluding our CEO) in the &ldquo;Total&rdquo; column of the Summary Compensation Table in each applicable year. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">For non-CEO named executive officers, the follow amounts were added and deducted to the Summary Compensation Table amount to determine the 'compensation actually paid' as determined in accordance with SEC regulations</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Year</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Average Reported Summary Compensation Table (SCT) Total</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Average Reported Value of Stock and Option Awards Granted during Year and included in the SCT</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Average Year-End Fair Value of Stock Awards Granted during Year and Remain Unvested</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Average Change in Fair Value of Equity Awards Unvested at Prior Year End and at Year End</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Average Change in Fair Value of Equity Awards Unvested at Prior Year End that Vested during the Year</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: white 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 3.75pt; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2024</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$275,734</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($ 22,515)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$24,360</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;$23,394</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$300,164</FONT></TD></TR>
  <TR STYLE="background-color: Transparent">
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2023</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$288,433</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($ 49,667)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$26,797</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($39,934)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($&nbsp;&nbsp;1,318)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 2.5pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$224,312</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">2022</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$369,338</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($122,824)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$60,216</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($123,416)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">($22,263)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 2pt">&NegativeThickSpace;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-top: 4pt; padding-bottom: 3pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">$161,051</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; background-color: white">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 27px; padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="padding-top: 6pt; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">For each of 2024, 2023 and 2022, total shareholder return for the Company was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2021. Because fiscal years are presented in the table in reverse chronical order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0in; background-color: white"><I>Analysis
of the Information Presented in the Pay Versus Performance Table</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">As described in more detail
above in &ldquo;ELEMENTS OF EXECUTIVE COMPENSATION,&rdquo; the Company&rsquo;s executive compensation program reflects a performance-driven
compensation philosophy. The Company utilizes revenue and adjusted EBITDA measures to align executive variable compensation with Company
performance. Moreover, the Company generally seeks to incentivize long-term performance, and therefore specifically align the Company&rsquo;s
performance measures with &ldquo;compensation actually paid&rdquo; (as&nbsp;computed in accordance with Item 402(v)&nbsp;of Regulation
S-K) for a particular year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Summary
Compensation Table</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>For the Fiscal Year Ended December 31, 2024</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The following table provides
fiscal 2024 compensation information and comparable information for the two preceding fiscal years for all executive officers of the Company
who were the most highly compensated in the fiscal year 2024 (the &ldquo;<B>Named Executive Officers</B>&rdquo;).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%; padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; text-indent: 0in; border-bottom: Black 0.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name
                                            and Principal Position</B></FONT></P></TD>
    <TD STYLE="width: 4%; padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; text-indent: 0in; border-bottom: Black 0.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Year</B></FONT></P></TD>
    <TD STYLE="text-align: center; width: 9%; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Salary<BR>
                                            ($)<SUP>(1)</SUP></B></FONT></P></TD>
    <TD STYLE="text-align: center; width: 8%; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Option
                                            &amp; Restricted Stock Awards ($)<SUP>(2)</SUP></B></FONT></P></TD>
    <TD STYLE="text-align: center; width: 8%; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-indent: 0in"><B>Options
                                            Awards ($)<SUP>(3)</SUP></B></P></TD>
    <TD STYLE="text-align: center; width: 8%; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-indent: 0in"><B>Non-Equity<BR>
                                            Inecntive Plan Compensation<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">($)<SUP>(4)</SUP></FONT></B></P></TD>
    <TD STYLE="text-align: center; width: 8%; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Total<BR>
                                            ($)</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kevin
    Mills <SUP>(5)</SUP>&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;.....................<BR>
    President and Chief Executive Officer and Director</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$307,500<BR>
300,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">294,375</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$29,700</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">64,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">120,900</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">$122,946</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$15,600</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">49,946</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: top"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$475,746</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">364,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">465,221</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lynn Zhao </FONT><FONT STYLE="vertical-align: super; font-family: Times New Roman, Times, Serif; font-size: 8pt">(6)</FONT>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;<BR>
    Chief Financial Officer, Secretary and Director</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$246,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">232,500</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">218,750</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$21,780</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">48,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80,600</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">$38,526</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$8,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19,978</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$314,306</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">280,500</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">319,328</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leonard
                                            L. Ott </FONT><FONT STYLE="vertical-align: super; font-family: Times New Roman, Times, Serif; font-size: 8pt">(7)</FONT>
                                            <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;..</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Information Officer</FONT></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$246,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">232,500</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">219,750</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$21,780</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">48,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80,600</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">$53,926</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$8,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">-</P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22,892</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$329,706</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">280,500</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">323,242</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">David
                                            A. Holmes </FONT><FONT STYLE="vertical-align: super; font-family: Times New Roman, Times, Serif; font-size: 8pt">(8)</FONT>
                                            <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;..</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Business Officer</FONT></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$271,625</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">251,300</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">233,200</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$29,700</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">53,000</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80,600</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">$78,210</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$12,521</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,973</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$387,106</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">304,300</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">338,773</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eric
                                            Glaenzer </FONT><FONT STYLE="vertical-align: super; font-family: Times New Roman, Times, Serif; font-size: 8pt">(9)</FONT>
                                            <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;..</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: left; text-indent: -0.1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
     Technology Officer</FONT></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$214,131</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$16,800</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">$2,860</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">N/A</FONT></P>
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">N/A</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$6,600</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="text-align: center; padding-right: 2.9pt; padding-left: 2.9pt; vertical-align: bottom"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$240,391</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></P>
    <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Represents base salary as described under <I>Compensation Summary and Analysis &mdash; Elements of Executive
Compensation</I>.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Represents Long-Term, Time-Based and Performance-Based Incentive Awards as described under <I>Compensation
Summary and Analysis &mdash; Elements of Executive Compensation</I>. The amounts shown do not reflect compensation actually received by
the executive officer. Instead, the amounts shown are the total grant date valuations of restricted stock grants awarded during the year
as determined pursuant to ASC Topic 718. The valuations are expensed for financial reporting purposes over the vesting period of the grant.
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 9pt">On June 25, 2024, following shareholder approval at the 2024 Annual Meeting, the Company cancelled outstanding
stock options previously granted to current employees, executives, directors and consultants, and issued replacement options with updated
terms, including a lower exercise price. The number of shares subject to the cancelled and replacement options were: 157,200 for Kevin
Mills, 49,260 for Lynn Zhao, 68,950 for Leonard Ott, 100,000 for David Holmes, and 3,657 for Eric Glaenzer. The replacement options had
a lower grant-date fair value than the cancelled awards. As a result, no incremental compensation expense was recorded under FASB ASC
Topic 718.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(4)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Represents Variable Incentive Awards as described under <I>Compensation Summary and Analysis &mdash;
Elements of Executive Compensation</I>. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(5)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Mr. Mills&rsquo; base salary was increased to $312,000 on July 1, 2024. His previous increase was on
April 1, 2022.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; color: windowtext">(6)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Ms. Zhao&rsquo;s base salary was increased to $252,000 on July 1, 2024. Her previous increase was on
July 1, 2023.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(7)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Mr. Ott&rsquo;s base salary was increased to $252,000 on July 1, 2024. His previous increase was on July
1, 2023.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(8)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Mr. Holmes&rsquo; base salary was increased to $278,250 on July 1, 2024. His previous increase was on
July 1, 2023. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(9)</FONT></TD><TD><FONT STYLE="font-size: 9pt">Mr. Glaenzer&rsquo;s base salary is $220,000, and he was appointed Vice President and Chief Technology
Officer on August 9, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: center"><B>GRANTS OF PLAN-BASED AWARDS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>For the Fiscal Year Ended December 31, 2024</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>Grant of Restricted Stock Awards</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The table below provides information on restricted
stock awards granted to the Named Executive Officers during the fiscal year ended December 31, 2024. These awards were granted as described
in the <I>Compensation Discussion and Analysis under Elements of Executive Compensation &mdash; Long-Term, Equity-Based Incentive Awards
and Equity Incentive Grant Policies</I>.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 18%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Name</B></P></TD>
    <TD STYLE="width: 17%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Grant Dates</B></P></TD>
    <TD STYLE="width: 27%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Number of
    Shares (#)</B></P></TD>
    <TD STYLE="width: 19%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Base Price
    of Stock Awards ($/share)</B></P></TD>
    <TD STYLE="width: 19%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Grant
    Date Fair Value of Stock Awards ($)<FONT STYLE="vertical-align: super; font-size: 8pt">(1)</FONT></B></P></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Kevin Mills&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">30,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$0.99</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$29,700</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Lynn Zhao&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">22,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$0.99</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$21,780</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Leonard L. Ott&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">22,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$0.99</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$21,780</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">David A. Holmes&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">25,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$0.99</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$24,750</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Eric Glaenzer&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">15,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$16,800</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: left">The value of restricted stock awards is based on the fair value as of the grant date, determined pursuant
to ASC Topic 718 (formerly Statement of Financial Accounting Standards No. 123R). The grant price for restricted stocks granted to the
Named Executive Officers is zero. The actual value of the restricted stock to the recipient will depend on the market value of the Company&rsquo;s
Common Stock at such date in the future when the restricted stock vests. See the &quot;<I>Compensation Summary and Analysis &mdash; Elements
of Executive Compensation &mdash; Long-Term, Equity-Based Incentive Awards and &mdash; Equity Incentive Grant Policies</I>&rdquo; for
details.</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>Stock Option Exchange Program</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">On June 25, 2024, we implemented a stock option exchange
program that was approved by our shareholders at the 2024 Annual Meeting. The purpose of the program was to restore retention value to
employees, executives, directors, and consultants who held certain &ldquo;underwater&rdquo; stock options&mdash;options with exercise
prices significantly above the current market price&mdash;while aligning with shareholder interests and maintaining responsible compensation
practices.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Under the program, eligible participants were allowed
to exchange outstanding options previously granted under the Company&rsquo;s equity incentive plans for new options with updated terms,
including a lower exercise price equal to the closing market price of our common stock on the grant date. The new options have a new vesting
schedule and a full 10-year term from the grant date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The exchange resulted in the issuance of replacement
options covering the same number of shares as the cancelled options for each participant. The replacement options had a lower grant-date
fair value than the original awards, as determined under the Black-Scholes valuation model. Accordingly, the exchange did not result in
any incremental compensation expense under FASB ASC Topic 718.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The following table summarizes the number of shares
subject to replacement options granted under the program to our named executive officers:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 18%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Name</B></P></TD>
    <TD STYLE="width: 17%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Grant Dates</B></P></TD>
    <TD STYLE="width: 27%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>All Other
    Option Awards: Number of Securities Underlying Options (#)</B></P></TD>
    <TD STYLE="width: 19%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Exercise
    or Base Price of Stock Awards ($/share)</B></P></TD>
    <TD STYLE="width: 19%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Grant
    Date Fair Value of Option Awards ($)<FONT STYLE="vertical-align: super; font-size: 8pt">(1)</FONT></B></P></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Kevin Mills&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">6/25/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">157,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$122,946</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Lynn Zhao&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">6/25/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">49,260</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$38,526</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Leonard L. Ott&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">6/25/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">68,950</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$53,926</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">David A. Holmes&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">6/25/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">100,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$78,210</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">Eric Glaenzer&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">6/25/2024</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 9pt">3,657</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;$1.12</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">$2,860</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: left">The grant date fair value of the options was determined in accordance with FASB ASC Topic 718 using the Black-Scholes
option-pricing model. Assumptions used in the valuation are disclosed in Note 6 to the consolidated financial statements.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: left">On June 25, 2024, the Company implemented a stock option exchange program approved by shareholders at the 2024 Annual
Meeting. Under this program, the Company cancelled previously granted options and issued replacement options to employees, executives,
directors, and consultants, including the named individuals. The number of shares reflected represents the replacement options granted
on that date.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(3)</TD><TD STYLE="text-align: left">The grant date fair value of each replacement option was lower than the fair value of the cancelled option it replaced.
Accordingly, the exchange did not result in any incremental compensation expense under FASB ASC Topic 718.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><B>OPTION EXERCISES AND STOCK VESTED</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><B>For the Fiscal Year Ended December
31, 2024<BR>
<BR>
</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 80%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Option Awards</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Name</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>Number of Shares
                                                                                                  Acquired on Exercise<BR> (#)<SUP></SUP></B></P></TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>Value (Loss) Realized on Exercise<BR> ($)<SUP>(1)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; font-size: 11pt; text-align: justify; padding-left: 5.75pt">Lynn Zhao <BR></TD><TD STYLE="width: 8%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; font-size: 10pt; text-align: right">8,000</TD><TD STYLE="width: 4%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 5%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 12%; font-size: 10pt; text-align: right">640</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 11pt/65% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify">The value realized equals the difference between the option exercise price and the fair market value of
the Company&rsquo;s Common Stock on the date of exercise, multiplied by the number of shares for which the option was exercised.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>OUTSTANDING STOCK OPTION AWARDS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>At Fiscal 2024 Year-End</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The following table sets forth certain information
concerning outstanding stock option awards held by the Named Executive Officers at the end of the fiscal year ended December 31, 2024.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Name</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="font-size: 8pt; text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid"><P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Option Awards</B></FONT></P>

</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; padding-bottom: 1pt"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: center">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: center"><B>Number of Securities Underlying Unexercised
    Options - Exercisable (#)<FONT STYLE="font-size: 8pt">(1)</FONT></B></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: center"><P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Number of Securities Underlying Unexercised Options - Unexercisable (#)(1)(2)</B></FONT></P></TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><B> </B></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"><B>Option Exercise Price ($)(3)</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: bottom; border-bottom: Black 1pt solid"><B>Option Expiration Date(4)</B></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 5.4; text-align: left; width: 25%">Kevin Mills</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left; width: 12%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">19,650</TD><TD STYLE="text-align: right; width: 9%">&nbsp;</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 10%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">137,550</TD><TD STYLE="text-align: right; width: 7%">&nbsp;</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top; width: 1%">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top; width: 9%">$1.12</TD><TD STYLE="text-align: center; vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top; width: 2%"></TD><TD STYLE="text-align: right; vertical-align: top; width: 8%">6/25/2034</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top"></TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top"></TD><TD STYLE="text-align: right; vertical-align: top"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">Leonard L. Ott</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">20,000</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.90</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">2/15/2029</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">8,619</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">60,331</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.12</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">6/25/2034</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">Lynn Zhao</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">18,000</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.90</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">2/15/2029</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">6,158</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">43,102</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.12</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">6/25/2034</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">David Holmes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">12,500</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">87,500</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.12</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">6/25/2034</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">Eric Glaenzer</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">7,875</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.90</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">2/15/2029</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 5.4">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">457</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">3,200</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: top">$1.12</TD><TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD><TD STYLE="text-align: right; vertical-align: top">6/25/2034</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify; padding-left: 5.4pt"></TD></TR></TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">Options were granted as described under Compensation Summary and Analysis &mdash; Elements of Executive
Compensation &mdash; Long-Term, Equity-Based Incentive Awards and &mdash; Equity Incentive Grant Policies. The vesting period and vesting
start date were established by the Compensation Committee. Shares unexercisable were not vested on December 31, 2024.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">Grant dates and vesting period information for all grants not fully vested as of December 31, 2024, are
as follows:</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;Grant Date</FONT></TD>
    <TD STYLE="width: 1%; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;Expiration Date</FONT></TD>
    <TD STYLE="width: 1%; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 24%; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;Vesting Start Date</FONT></TD>
    <TD STYLE="width: 1%; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 27%; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;Months to fully vest</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;6/25/2024</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/25/2034</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;6/25/2024</FONT></TD>
    <TD STYLE="text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 9pt">48</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: right; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; text-indent: 0in">&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Exercise prices are set at the closing price of the Company&rsquo;s Common
Stock on the date of grant (fair market value). </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Options expire ten years from the date of grant. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>OUTSTANDING RESTRICTED STOCK AWARDS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>At Fiscal 2024 Year-End</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The following table sets forth certain information
concerning outstanding restricted stock awards held by the Named Executive Officers at the end of the fiscal year ended December 31, 2024.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></P>
</DIV></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Stock Awards</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
<DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid">

    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: justify"><B>&nbsp;</B></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>Grant Date</B></P>
</DIV></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; text-indent: 1.25in; border-bottom: Black 0.5pt solid"><B><BR>
    Number of Shares of Stock that Have Not Vested (#)</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B><BR>
    Market Value of Shares of Stock That Have Not Vested ($)<SUP>(1)</SUP></B></P></TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B><BR>
    Equity Incentive Plan Awards: Number of Unearned Shares That Have Not Vested (#)</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Equity
    Incentive Plan Awards: Market or Payout Value of Unearned Shares That Have Not Vested ($)</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Kevin Mills&#9;.........................</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">10,000<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$13,300</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">11,115<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$14,783</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">5/3/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">30,000<SUP>(5)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$39,900</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/21/2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">25,302<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$33,652</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 9pt; text-indent: -0.15in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">3/15/2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">30,000<SUP>(6)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$39,900</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.15in; padding-left: 0.15in; font-size: 9pt; text-indent: -0.15in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Leonard L. Ott&#9;&hellip;&hellip;&hellip;&hellip;&hellip;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">7,200<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$9,576</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">7,280<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$9,682</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">5/3/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">20,000<SUP>(5)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$26,600</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/21/2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">18,977<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$25,239</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">3/15/2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">22,000<SUP>(6)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$29,260</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Lynn Zhao&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">7,200<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$9,576</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">7,280<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$9,682</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">5/3/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">20,000<SUP>(5)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$26,600</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/21/2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">18,977<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$25,239</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">3/15/2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">22,000<SUP>(6)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$29,260</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">David Holmes&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2,800<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$3,724</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">7,280<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$9,682</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">5/3/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">20,000<SUP>(5)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$26,600</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/21/2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">20,953<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$27,867</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">3/15/2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">25,000<SUP>(6)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$33,250</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Eric Glaenzer&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;&hellip;.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">4,800<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$6,384</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">5,265<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$7,002</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">9,945<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$13,227</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 27%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">2/1/2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">15,000<SUP>(6)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">$19,950</FONT></TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">The
amount set forth in the &ldquo;Market Value of Shares or Units of Stock That Have Not Vested&rdquo; column is based on a Company stock
price of $1.33 per share, which was the closing price per share on December 31, 2024.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">The
specified restricted stock award vests ratably over 4 years with future vesting dates of February 1, 2025.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(3)</TD><TD STYLE="text-align: justify">The
specified restricted stock award vests ratably over 4 years with future vesting dates of February 1, 2025, and 2026.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(4)</TD><TD STYLE="text-align: justify">The
specified restricted stock award vests ratably over 4 years with future vesting dates of February 1, 2025, 2026 and 2027.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(5)</TD><TD STYLE="text-align: justify">These
Performance RSAs vest depending upon the attainment of specified performance goals. See the &quot;<I>Compensation Summary and Analysis
&mdash; Elements of Executive Compensation &mdash; Long-Term, Equity-Based Incentive Awards and &mdash; Equity Incentive Grant Policies&rdquo;</I>
for details.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(6)</TD><TD STYLE="text-align: justify">The
specified restricted stock award vests ratably over 4 years with future vesting dates of February 1, 2025, 2026, 2027 and 2028.</TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 11pt/85% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.25in"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">EQUITY COMPENSATION PLAN INFORMATION</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The following table provides
information as of December 31, 2024, about the Common Stock that may be issued under all equity compensation plans of the Company.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Number of securities
    to be issued upon exercise of outstanding options</B></P></TD>
    <TD STYLE="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Weighted-average
    exercise price of outstanding options</B></P></TD>
    <TD STYLE="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Number of securities
    remaining available for future issuance under equity compensation plans</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.55in; padding-left: 9pt; font-size: 8pt; text-indent: -9pt"><FONT STYLE="font-size: 9pt">Equity compensation plans approved by security holders (1)&#9;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt"><FONT STYLE="font-size: 9pt">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,130,260</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt"><FONT STYLE="font-size: 9pt">&#9;$ 1.93</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 8pt"><FONT STYLE="font-size: 9pt">&#9;&nbsp;&nbsp;&nbsp;&nbsp;417,099</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/85% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Consists of the 2004 Equity Incentive Plan. Pursuant to an affirmative vote
by security holders in June 2004, an annual increase in the number of shares authorized under the 2004 Equity Incentive Plan is added
on the first day of each fiscal year equal to the least of (a) 400,000 shares, (b) four percent of the total outstanding shares of the
Compa<FONT STYLE="font-family: Times New Roman, Times, Serif">ny&rsquo;s common stock </FONT>on that date, or (c) a lesser amount as determined
by the Board of Directors. As a result, a total of 304,225 shares became available for grant under the 2004 Equity Incentive Plan on January
1, 2025, in addition to those set forth in the table above. </FONT></TD></TR></TABLE>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 0.25in; text-align: center">COMPENSATION COMMITTEE REPORT</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.25in">The Compensation Committee
has reviewed and discussed the Compensation Discussion and Analysis with management. Based on the Compensation Committee&rsquo;s review
and discussion noted above, the Compensation Committee recommended to the Board of Directors that the Compensation Discussion and Analysis
be included in this Proxy Statement on Schedule 14A.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 3.8in">COMPENSATION COMMITTEE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 3.5in">Bill Parnell, Chairperson</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">Dated: April 16, 2025</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">COMPENSATION COMMITTEE INTERLOCKS AND INSIDER
PARTICIPATION</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">None of the members of
the Compensation Committee has ever been an officer or employee of the Company. No executive officer of the Company serves as a member
of the board or compensation committee of any entity that has one or more executive officers serving as a member of the Company's Board
of Directors or Compensation Committee.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><B>POST-EMPLOYMENT AND CHANGE-IN-CONTROL
COMPENSATION FOR EXECUTIVES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In February 1998, the Company
adopted a bonus plan pursuant to which a bonus pool in the amount of up to 10 percent of any consideration payable by a buyer in any acquisition
of the Company is to be allocated to the executive officers and such other employees as the Board of Directors determines in its sole
discretion.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">On April 1, 2024, the Company
extended the expiration of the Employment Agreement (&ldquo;Agreement&rdquo;) with Kevin Mills, President, and Chief Executive Officer,
to March 31, 2026. The Agreements replaced the one dated October 1, 2020.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">On August 9, 2024, the
Company extended the Agreement with Leonard L. Ott, Executive Vice President, and Chief Information Officer, to March 31, 2026, Lynn Zhao,
Vice President of Finance and Administration, Secretary and Chief Financial Officer and David A. Holmes, Chief Business Officer to March
31, 2028. The Agreement replaced the ones dated January 22, 2021, for Mr. Ott and Ms. Zhao, and May 17, 2021, for Mr. Holmes.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">On August 8, 2024, the
Company entered the Agreement with Eric Glaenzer, Chief Technology Officer. The Agreement will expire on June 30, 2028.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Under the terms of the
Agreements, the Executive&rsquo;s employment is at-will and termination of employment of the Executive may occur at any time. The Agreement
defines termination arrangements that apply if the Executive is terminated for Cause as defined in the Agreement, is terminated due to
death or disability, voluntarily terminates employment, or is otherwise terminated involuntarily. Should the Executive&rsquo;s employment
be terminated other than for Cause, death, disability or voluntary termination, the Executive is entitled under the Agreement to</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><B>Service Benefit</B>: a lump-sum cash severance payment equal to six (6) months of base salary, subject
to the Executive&rsquo;s timely execution and non-revocation of a standard separation agreement and general release of claims in favor
of the Company. The required separation agreement includes a general release of known and unknown claims, including those under federal,
state, and local law, a waiver pursuant to Section 1542 of the California Civil Code, non-disparagement and confidentiality provisions,
and acknowledgments that the severance constitutes consideration beyond amounts otherwise owed. The agreement provides a 21-day review
period and a 7-day revocation period as required by applicable law. No severance or additional benefits are payable unless the Executive
signs and does not revoke the agreement.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify"><B>COBRA Benefit</B>: Continued health insurance coverage, with the Company covering COBRA premiums for
up to 6 months post-termination, or until the employee obtains alternative coverage, whichever comes first.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify"><B>Equipment Benefit</B>: Option to purchase company-issued personal equipment (e.g., laptop, phone) at
book value within 30 days of termination, subject to mutual agreement.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify"><B>Extended Stock Option Exercise Rights</B>: Extended window to exercise vested stock options&mdash;up
to 24 months post-termination or the option's expiration date, whichever is sooner.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify"><B>Long-Term Employee Exercise Rights</B>: Employees with 10+ years of continuous service may exercise
all vested options until their original expiration dates.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify"><B>Restricted Stock Benefit</B>: A pro rata portion of unvested restricted stock will vest upon termination,
based on the number of quarters worked during the vesting year. Remaining unvested shares will be forfeited.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Agreements also provide
for compensation in the event of a Change of Control as defined in the Agreement consisting of an involuntary termination payment as described
above and a payment equal to 1% of the consideration payable in connection with a Change of Control provided that the price offered for
the Company&rsquo;s common stock is equal to or greater than $5.00 per share for Messrs. Mills, Ott, and Holmes, as well as Ms. Zhao.
The foregoing description of the Employment Agreements does not purport to be complete and is qualified in its entirety by reference to
the full text of the Form of Employment Agreement, a copy of which was filed in Forms 8-K dated April 4, 2024 and August 15, 2024.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Payments to be made to
each of the Named Executive Officers following severance are estimated as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 29%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Compensation
    and<BR>
    Benefits</B></P></TD>
    <TD STYLE="width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Voluntary<BR>
    Resignation</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>For<BR>
    Cause <SUP>(1)</SUP></B></P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>For<BR>
    Good<BR>
    Reason<SUP>(2)</SUP></B></P></TD>
    <TD STYLE="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Involuntary<BR>
    Without<BR>
    Cause<SUP>(2)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt; padding-right: 0.15in; font-size: 9pt; text-align: justify">Kevin Mills</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Salary (3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">$156,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">$156,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Options (4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Benefits (5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Perquisites (6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt; padding-right: 0.15in; font-size: 9pt; text-align: justify">Leonard L. Ott&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Salary (3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">126,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">126,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Options (4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Benefits (5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Perquisites (6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt; padding-right: 0.15in; font-size: 9pt; text-align: justify">Lynn Zhao&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Salary (3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">126,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">126,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Options (4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Benefits (5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Perquisites (6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt; padding-right: 0.15in; font-size: 9pt; text-align: justify">David A. Holmes&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Salary (3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">139,125</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">139,125</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Options (4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Benefits (5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Perquisites (6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt; padding-right: 0.15in; font-size: 9pt; text-align: justify">Eric Glaenzer&#9;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Salary (3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">110,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">110,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Options (4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Benefits (5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">As applicable </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Perquisites (6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 9pt">--</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/85% Times New Roman, Times, Serif; margin: 0 0 2pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 9pt; text-transform: uppercase"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Cause is defined in each executive&rsquo;s employment agreement to include: <FONT STYLE="color: #1C1A1F">Conduct
that, in the Company's good faith belief, is in </FONT><FONT STYLE="color: #333336">violation </FONT><FONT STYLE="color: #1C1A1F">of Company's
General Rules of Conduct, Company policies, guidelines, and procedures, Code of Business Conduct and Ethics as detailed in the Employee
Handbook and any other unacceptable conduct which the Employee Handbook states may be cause for discharge. For Cause includes</FONT><FONT STYLE="color: #424246">,</FONT>
<FONT STYLE="color: #1C1A1F">but are not limited to, the occurrence or existence of any of the following with respect to the Executive,
as determined by Company: (i) willful and continuing breach by the Executive of his</FONT><FONT STYLE="color: #424246">/</FONT><FONT STYLE="color: #1C1A1F">her
duties under this <FONT STYLE="letter-spacing: -0.1pt">Agreement; (ii) </FONT>render services of any kind to others for compensation without
authorization from <FONT STYLE="letter-spacing: -0.1pt">Company; (iii) </FONT>engage in any other business activity that may mat</FONT><FONT STYLE="color: #343438">e</FONT><FONT STYLE="color: #1C1A1F">rially
interfere with the <FONT STYLE="letter-spacing: -0.1pt">performance </FONT>of his</FONT><FONT STYLE="color: #343438">/</FONT><FONT STYLE="color: #1C1A1F">her
duties under the <FONT STYLE="letter-spacing: -0.1pt">Agreement; (iv) </FONT>promote, engage or participate in any business that is competitive
in any manner whatsoever with the business of the Company; (v) any act of dishonesty, misappropriation</FONT><FONT STYLE="color: #343438">,</FONT>
<FONT STYLE="color: #1C1A1F">embezzlement, fraud</FONT><FONT STYLE="color: #343438">,</FONT> <FONT STYLE="color: #1C1A1F">willful, gross</FONT><FONT STYLE="color: #343438">,</FONT>
<FONT STYLE="color: #1C1A1F; letter-spacing: -0.25pt">or </FONT></FONT><FONT STYLE="font-size: 9pt; color: #1C1A1F">misconduct by the
Executive involving Company; including without limitation the misappropriation of Company's proprietary information or assets and the
participation of activities relating to insider trading; (vi) the conviction or plea of nolo contendere or the equivalent in respect of
a felony involving moral turpitude; and (vii) conduct by the Executive that in the good faith determination of the <FONT STYLE="letter-spacing: -0.1pt">Company
</FONT>demonstrated unfitness to serve in an executive capacity of a Managerial Employee including, without limitation, a finding by Company
or any regulatory authority that the Executive committed acts of employee harassment, violated Company's policies on ethics or legal compliance,
violated a material law or regulation applicable to the business of Company</FONT><FONT STYLE="font-size: 9pt; color: #343438">, </FONT><FONT STYLE="font-size: 9pt; color: #1C1A1F">repeated
nonprescription use of any controlled substance or the repeated use of alcohol or any other non-controlled substance</FONT><FONT STYLE="font-size: 9pt; color: #343438">.</FONT></TD></TR></TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 9pt; color: #343438"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">All reasons for termination except voluntary resignation or termination by
the Company for Cause are covered under the terms of the employment agreement as either resignation by the executive for good reason or
involuntary termination by the Company without cause. The payment amount is based on a six-month payment period which presumes the Executive
has signed a mutual release agreement.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Except in the case of voluntary resignation or termination for Cause, base
salary is continued from the date of termination for two months plus one month for each year of completed service up to a maximum of six
months. </FONT></TD></TR></TABLE>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Except in the cases of voluntary resignation or termination for cause, stock
options vested as of the date of termination may be exercised for a period of up to one year based on formulas in the executive&rsquo;s
employment agreement. In the event of a change in control, all options granted and outstanding become vested and fully exercisable. In
the event of termination for cause or voluntary resignation, stock options vested as of the date of termination may be exercised for a
period of 90 days following the termination date. Executives who voluntarily terminate employment with ten years or more of continuous
service may exercise vested shares through the expiration date of each grant.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(5)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Except in the cases of voluntary resignation or termination for cause, <FONT STYLE="color: #1C1C1F">if
the Executive is entitled to the COBRA Benefit, Company shall pay the Executive&rsquo;s monthly premium for the continuation of the Executive&rsquo;s
health insurance coverage under the COBRA immediately following the Executive&rsquo;s termination, until </FONT>the earlier of <FONT STYLE="color: #1C1C1F">(a)
six (6) months after the Employment Termination Date; or (b) such time as the Executive becomes eligible for alternative health insurance
benefits, including health insurance benefits provided by another employer or the state or federal government of the United States</FONT>
.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 9pt; text-transform: uppercase">(6)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">There are no perquisites in the compensation packages of any of the executive
officers.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><B>LIMITATION OF LIABILITY
AND INDEMNIFICATION MATTERS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Pursuant to the Delaware
General Corporation Law, the Company has adop<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">ted provisions
in its </FONT>Certificate of Incorporation that eliminate the personal liability of directors to the Company or its stockholders for monetary
damages for breach of the directors' fiduciary duties in certain circumstances. In addition, the Company's bylaws require the Company
to indemnify the Company's directors and officers and authorize the Company to indemnify its employees and other agents to the fullest
extent permitted by law.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company has entered
into indemnification agreements with each of its current directors and officers that provide for indemnification and advancement of expenses
to the fullest extent permitted by Delaware law, including circumstances in which indemnification or the advancement of expenses is discretionary
under Delaware law.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company believes that
the limitation of liability and indemnification provisions in its Certificate of Incorporation and bylaws and the indemnification agreements
with its directors and officers enhance its ability to continue to attract and retain qualified individuals to serve as directors and
officers. There is no pending litigation or proceeding involving a director, officer, or employee to which these provisions or agreements
would apply.</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">CORPORATE GOVERNANCE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company and its Board
of Directors are committed to high standards of corporate governance as an important component in building and maintaining stockholder
value. To this end, the Company regularly reviews its corporate governance policies and practices to ensure that its policies are consistent
with such standards. The Company closely monitors guidance issued or proposed by the Securities Exchange Commission or the Public Company
Accounting Oversight Board, the listing standards of the NASDAQ Market, the provisions of the Sarbanes-Oxley Act, the Dodd-Frank Act and
pending legislation. As a result of a review of these matters, as well as the emerging best practices of other companies, the Company
has implemented the following:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Executive Compensation
Authority; Compensation Committee</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Compensation Committee of the Board of Directors approves all compensation plans and amounts for the
executive officers of the Company, following consultation with management.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Compensation Committee approves all stock option and restricted stock grants, upon the recommendation
of management, except director grants, which are approved by the full Board of Directors.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The charter of the Compensation Committee makes explicit:</TD></TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: right; width: 0.25in; vertical-align: middle"><FONT STYLE="font-family: Symbol">o </FONT></TD><TD STYLE="text-align: justify"><P>the Committee&rsquo;s ability to retain independent consultants and experts as it sees fit, at the Company&rsquo;s expense;</P>
</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: right; width: 0.25in; vertical-align: middle"><FONT STYLE="font-family: Symbol">o </FONT></TD><TD STYLE="text-align: justify"><P>the Compensation Committee&rsquo;s responsibility to review and assess the compensation programs.</P>
</TD></TR></TABLE>
<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Director Independence</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Board of Directors has confirmed that a majority of the Company's directors are independent, as defined
by current SEC regulations and Nasdaq rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company's independent directors hold formal meetings without the presence of management and are chaired
by an independent director.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Audit, Compensation, and Nominating Committees consist solely of independent directors. Each Committee
is tasked to establish goals, evaluate performance, review the adequacy of its Charter, and recommend changes to the Board of Directors.</TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Audit Committee</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">All Audit Committee members possess the required level of financial literacy, as required by SEC regulations.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Dr. Bass, a member of the Audit Committee, possesses the qualifications of an &ldquo;audit committee financial
expert,&rdquo; as required by SEC regulations.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Audit Committee&rsquo;s charter formalizes and makes explicit the following:</TD></TR></TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee's ability to retain independent consultants and experts as it sees fit, at the Company&rsquo;s
expense;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee's authority to appoint, review and assess the performance of the Company's independent
auditors;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee's ability to hold regular executive sessions with the Company's independent auditors
and with the Company&rsquo;s Chief Financial Officer, Controller, and other Company officers directly, as it considers appropriate;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The requirement that the Audit Committee review and approve in advance non-audit services by the Company's
independent auditors, as well as related party transactions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee's duty to maintain a formal complaint monitoring procedure (a &ldquo;whistleblower&rdquo;
policy) to enable confidential and anonymous reporting to the Audit Committee;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee's authority over the independent auditors' rotation policy; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify">The Audit Committee&rsquo;s responsibility to oversee the Company&rsquo;s risk management policies and
practices.</TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Other Governance Matters</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company has a formal Code of Business Conduct and Ethics that applies to all officers, directors,
and employees.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company has a requirement that any waiver or amendment to the Code of Business Conduct and Ethics
involving a director or officer be reviewed by the Nominating Committee and disclosed to the Company's stockholders.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Each of the Compensation Committee, Audit, and Nominating Committees has a written charter.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company has an Insider Trading Policy, including control procedures to comply with current SEC regulations
and Nasdaq rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company has a policy that the Board of Directors reviews its own performance on an at least annual
basis.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company prohibits loans to its officers and directors.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>Board Leadership</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company is focused
on its corporate governance practices and values independent board oversight as an essential component of strong corporate performance
to enhance stockholder value. Our commitment to independent oversight is demonstrated by the fact that all of our directors, except for
Mr. Mills and Ms. Zhao are independent. In addition, all of the members of our Board&rsquo;s committees are independent. Our Board of
Directors acts independently of management and regularly holds independent director sessions without members of management present. In
addition, the Company has a separate position of Chairman of the Board which is held by Dr. Bass, an independent director, who provides
additional oversight to the management of the Company. Our Board believes that the current board leadership structure is best for the
Company and its stockholders at this time as it allows the recommendations and decisions of the President and Chief Executive Officer,
who views such recommendations and decisions from a management perspective, to be reviewed and discussed with the Chairman of the Board,
who views such recommendations and decisions from the perspective of an independent director.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Information Security</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Our Board recognizes the
risks inherent in today's cybersecurity environment. We are committed to proactively researching, implementing, and updating technology
security hardware, software, and strategies as the threat landscape around us evolves, ensuring we offer the best protection for our resources
and information from unauthorized access. Our governance strategy for information security has been organized as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Audit Committee oversees our information security program; the Audit Committee receives updates from
the CIO as necessary.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">We use a defense in layers approach to risk identification and mitigation and are supported by third-party
monitoring, next-generation hardware, and automated logging analysis. We utilize third parties for penetration testing and log evaluation,
which provides 24/7 network monitoring to assist in rapid identification and mitigation of any suspicious network access.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">We conduct company-wide IT security training, supported by quarterly executed simulated email phishing
attacks.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">We maintain cybersecurity risk insurance covering risks including ransomware, forensic analysis and recovery,
and brand protection.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company hasn&rsquo;t
experienced a data breach in the last three years.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>Risk Management</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company has designated its Chief Financial and Administrative Officer as its Risk Management Officer with responsibility for
identifying, assessing, monitoring, and reporting risks that could potentially impact the business.</TD></TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Company summarizes the primary risks associated with the business in its quarterly and annual reports on Forms 10-Q and 10-K,
respectively.</TD></TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The Audit Committee has primary responsibility for Board oversight of risk management. The Audit Committee meets as necessary,
and matters involving risk are included in the Audit Committee&rsquo;s agenda. The Chairman of the Audit Committee who is also Chairman
of the Board and the President and Chief Executive Officer conduct calls regularly to review Company operations and such discussions include
a review of risk matters as appropriate.</TD></TR></TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in"><I>Compensation Risk Considerations</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company, after reviewing
and discussing the compensation programs with the Compensation and Audit Committees of the Board, believes that the programs are balanced
and do not motivate or encourage unnecessary or excessive risk-taking. Base salaries are fixed in amount and thus do not encourage risk-taking.
While the performance-based awards focus on the achievement of short-term or annual goals, and short-term goals may encourage the taking
of short-term risks at the expense of long-term results, the Company&rsquo;s performance-based award programs represent a small percentage
of total compensation opportunities and results are closely monitored at both management and board levels. The Company believes that the
programs appropriately balance risk and the desire to focus employees on specific short-term goals important to the Company&rsquo;s success,
and that they do not encourage unnecessary or excessive risk-taking.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Compensation provided to
employees in the form of long-term equity awards through stock option grants and restricted stock grants is important to help further
align employees&rsquo; interests with those of the Company&rsquo;s stockholders. The Company believes that these awards do not encourage
unnecessary or excessive risk taking since the ultimate value of the awards is tied to the Company&rsquo;s stock price, and since awards
are subject to long-term vesting schedules to help ensure that executives have significant value tied to long-term stock price performance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">More details on the Company's
corporate governance initiatives, including copies of its Code of Business Conduct and Ethics and each of the Committee charters can be
found in the &quot;Corporate Governance&quot; section of the Company's website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Policy for Director Recommendations
and Nominations</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Nominating Committee
considers candidates for Board membership suggested by Board members, management, and the Company's stockholders. It is the policy of
the Nominating Committee to consider recommendations for candidates to the Board of Directors from stockholders holding no less than five
percent of the total outstanding shares of the Company&rsquo;s Common Stock who have held such shares continuously for at least 12 months
prior to the date of the submission of the recommendation. The Nominating Committee will consider persons recommended by the Company's
stockholders in the same manner as nominees recommended by members of the Board of Directors or management.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">A stockholder who desires
to recommend a candidate for election to the Board of Directors should direct the recommendation in written correspondence by letter to
the Company, addressed to:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 1.5in; text-align: justify; text-indent: 0.5in">Chairman of the Nominating
Committee</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">c/o Corporate Secretary</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">Socket Mobile, Inc.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify">40675 Encyclopedia Cir.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">Fremont, CA 94538</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0in">The notice must include:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the candidate's name and home and business contact information;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">detailed biographical data and relevant qualifications;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">a signed letter from the candidate confirming his or her willingness to serve;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">information regarding any relationships between the candidate and the Company within the last three years;
and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">evidence of the required ownership of Common Stock by the recommending stockholder(s).</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In addition, a stockholder
may nominate a person directly for election to the Board of Directors at the annual meeting of the Company's stockholders, provided the
stockholder complies with the requirements set forth in the Company's bylaws and the rules and regulations of the Securities and Exchange
Commission related to stockholder proposals. The process for properly submitting a stockholder proposal, including a proposal to nominate
a person for election to the Board of Directors at an annual meeting, is described on Page 2 in the section entitled &quot;<I>Deadline
for Receipt of Stockholder Proposals to be Included in the Company's Proxy Materials</I>.&quot;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Where the Nominating Committee
has either identified a prospective nominee or determines that an additional or replacement director is required, the Nominating Committee
may take such measures that it considers appropriate in connection with its evaluation of a director candidate, including candidate interviews,
inquiry of the person or persons making the recommendation or nomination, engagement of an outside search firm to gather additional information,
or reliance on the knowledge of the members of the committee, the Board of Directors or management. In its evaluation of director candidates,
including the members of the Board of Directors eligible for re-election, the Nominating Committee considers a number of factors, including
the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The current size and composition of the Board of Directors and the needs of the Board of Directors and
its various committees.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Such factors as judgment, independence, character and integrity, area of expertise, diversity of experience,
length of service, and potential conflicts of interest. The Nominating Committee recognizes that diversity in these areas brings value
to the collective impact of the Board on the Company. The Company does not consider or make its recommendations based on race, gender,
religion, age, sexual orientation, or other matters the Committee deems not relevant to effective board service.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Such other factors as the Nominating Committee may consider appropriate.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Nominating Committee
has also specified the following minimum qualifications that it believes must be met by a nominee for a position on the Board of Directors:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The highest personal and professional ethics and values.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Proven achievement and competence in the nominee's field, and the ability to exercise sound business judgment.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">Skills complementary to those of the existing members of the Board of Directors.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">The ability to assist and support management and make significant contributions to the Company's success.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">An understanding of the fiduciary responsibilities required of a member of the Board of Directors, and
the commitment of time and energy necessary to carry out those responsibilities diligently.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In connection with its
evaluation, the Nominating Committee determines whether it will interview potential nominees. After completing the evaluation and interview,
the Nominating Committee makes a recommendation to the full Board of Directors as to the persons who should be nominated, and the Board
of the Directors determines the nominees after considering the recommendation and report of the Nominating Committee.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">The Nominating Committee believes
that the current nominees for director all meet the general criteria for board membership as described in this section. In addition, each
nominee brings particular strengths to the Board.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left"></P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Stockholder Communications to Directors</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">Stockholders may communicate
directly with the members of the Board of Directors by sending an email to <I>proxymaterials@socketmobile.com</I>. The Company's Secretary
monitors these communications and ensures that summaries of all received messages are provided to the Board of Directors at its regularly
scheduled meetings or directly to the Chairman of the Board if the matter is deemed to be urgent and to require immediate attention of
the Board. Where the nature of a communication warrants, Mr. Bass, Chairman of the Board, may decide to obtain the more immediate attention
of the appropriate committee of the Board of Directors or a non-management director, or the Company's management or independent advisors,
as appropriate. Mr. Bass also determines whether any response to a stockholder communication is necessary or warranted and whether further
action is required.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Director Independence</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In January 2025, the Board
of Directors undertook a review of the independence of its directors and considered whether any director had a material relationship with
the Company or its management that could compromise his ability to exercise independent judgment in carrying out his responsibilities.
As a result of this review, the Board of Directors affirmatively determined that all of the directors of the Company, with the exception
of Mr.&nbsp;Mills, the Company's President and Chief Executive Officer, and Ms. Zhao, the Company&rsquo;s Vice President of Finance and
Chief Financial Officer, are independent of the Company and its management under the corporate governance standards of the Nasdaq Market.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Code of Business Conduct and Ethics</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Board of Directors
has a Code of Business Conduct and Ethics that is applicable to all employees, executive officers, and directors of the Company, including
the Company's senior financial and other executive officers. The Code of Business Conduct and Ethics is intended to deter wrongdoing and
promote ethical conduct among the Company's directors, executive officers, and employees. The Code of Business Conduct and Ethics is available
on the Company's website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance. The Company will also post
any amendments to or waivers from the Code of Business Conduct and Ethics on its website. There were no changes to the Code of Business
Conduct and Ethics in 2024.</P>

<P STYLE="font: italic 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Sustainability</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">We remain committed to minimizing our impact on the environment. Our environmental policies are published
on https://www.socketmobile.com/support/recycling-center. We are committed to providing each employee with a safe, welcoming, and inclusive
work environment and culture that enables them to contribute fully and develop to their highest potential.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">We champion employee flexibility. Most of our workforce operates remotely, in response to feedback from
employee engagement surveys that highlighted the desire for flexibility of remote work. This feedback, combined with our enhanced IT infrastructure
supporting productivity and collaboration, has led to our remote work approach. We remain committed to exploring ways to enhance flexibility
while retaining our collaboration culture and meeting our business objectives.</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">REPORT OF THE AUDIT COMMITTEE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Board of Directors
maintains an Audit Committee comprised of three of the Company's independent directors. The Audit Committee oversees the Company's financial
processes on behalf of the Board of Directors, although management has the primary responsibility for preparing the financial statements
and maintaining the Company's financial reporting process including the system of internal controls. In fulfilling its oversight responsibilities,
the Audit Committee reviewed with management the audited financial statements in the Company&rsquo;s Annual Report on Form 10-K for the
year ended December 31, 2024, including discussing the quality of the accounting principles, the reasonableness of significant judgments,
including the identification and assessment of risks, and the clarity of disclosures in the financial statements. The Audit Committee
has a written charter, a copy of which is posted on the Company&rsquo;s website at https://www.socketmobile.com/about-us/investor-relations/corporate-governance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee reviewed
the 2024 financial statements with the Company's independent auditors, who are responsible for expressing an opinion on the conformity
of the financial statements with generally accepted accounting principles, as well as their judgment as to the quality, not just the acceptability,
of the Company's accounting principles. The Audit Committee also discussed such other matters as the auditors are required to discuss
with the Committee under generally accepted auditing standards. In addition, the Audit Committee discussed with the independent auditors
the auditors' independence from management and the Company, including the matters in the written disclosures and the letter from the independent
auditors required by the applicable requirements of the Public Company Accounting Oversight Board regarding the independent accountants&rsquo;
communications with the audit committee concerning independence.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Audit Committee also
discussed with the Company's independent auditors the overall scope and results of their audit of the financial statements. The Audit
Committee met periodically with the independent auditors, with and without management present, to discuss the results of their examination,
their evaluation of the Company's internal controls, and the overall quality of the Company's financial reporting. The Audit Committee
held one meeting with the auditors regarding their audit of the Company&rsquo;s annual financial statements for the year ended December
31, 2024. In addition, a meeting among the members of the Audit Committee, the Company&rsquo;s auditors, and management was held each
quarter during fiscal 2024 to review the Company&rsquo;s quarterly financial reports prior to their issuance.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">In reliance on the reviews
and discussions referred to above, the Audit Committee recommended to the Board of Directors, and the Board of Directors has concurred
that the Company&rsquo;s audited financial statements be included in the Company's Annual Report on Form 10-K for the year ended December
31, 2024. The Audit Committee also approved the appointment of Sadler, Gibb &amp; Associates, LLC as the Company's independent auditors
for the years ended December 31, 2012, through 2024 and has recommended approval of the stockholders for the year ending December 31,
2025.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The foregoing report has
been submitted by the undersigned in our capacity as members of the Audit Committee of the Board of Directors.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in; text-align: justify">AUDIT COMMITTEE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-align: justify">Charlie Bass</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-align: justify">Bill Parnell</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-align: justify">Ivan Lazarev</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dated: April 16, 2025</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><B>RELATED PERSON TRANSACTIONS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 24.5pt; background-color: white">Since
January 1, 2023, we have engaged in the following transactions in which the amount involved exceeded or will exceed the lesser of $120,000
or one percent of the average of our total assets at year-end for the last two completed fiscal years with our directors, executive officers,
holders of more than 5% of our voting securities, and affiliates or immediate family members of our directors, executive officers, and
holders of more than 5% of our voting securities. We believe that all of these transactions were on terms as favorable as could have been
obtained from unrelated third parties.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">Enrico Mills, the adult son
of Kevin Mills, serves as General Manager of Applications. In 2023, he received total cash compensation of $159,000 (consisting of salary),
perquisites in the amount of $0, and a grant of 8,700 restricted stock awards with an aggregate grant date fair value of $20,619 that
are scheduled to vest in equal annual installments over four years from the grant date, subject to continued service with us. In 2024,
he received total cash compensation of $164,631 (consisting of salary), perquisites in the amount of $0, and a grant of 10,000 restricted
stock awards with an aggregate grant date fair value of $11,200 that are scheduled to vest in equal annual installments over four years
from the grant date, subject to continued service with us. Enrico Mills&rsquo; current annual base salary is $166,950.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">On May 26, 2023, the Company
completed a secured subordinated convertible note financing of $1,600,000. Our Named Executive Officer, Kevin Mills, CEO and a Board director,
is among the group of accredited investors who participated in the offering. Mr. Mills purchased a secured subordinated convertible note
in the principal amount of $500,000. In addition, <FONT STYLE="background-color: white">Charlie Bass, Chairman of the Company&rsquo;s
Board of Directors and Bill Parnell, the Company&rsquo;s Board director, were also among the group of accredited investors who participated
in the offering. Mr. Bass purchased a subordinated convertible note in the principal amount of $1,000,000 and Mr. Parnell purchased a
subordinated convertible note in the principal amount of $100,000. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="background-color: white">The
secured subordinated convertible notes (the &ldquo;2023 Note&rdquo;) have a three-year term and will mature on May 26, 2026. The interest
rate on the 2023 Note is 10% per year, payable quarterly in cash. The holder of each 2023 Note may require the Company to repay the principal
amount of the 2023 Note plus accrued interest at any time after May 26, 2024. The 2023 Notes are secured by the assets of the Company
and are subordinated to the Company&rsquo;s debts with Western Alliance Bank, its senior lender. The principal amount of each 2023 Note
is convertible at any time, at the option of the holder, into shares of the Company&rsquo;s common stock at a conversion price of $1.34
per share. Failure to pay the principal payment or any interest payment (with 5 days delinquency) when due are events of default under
the 2023 Notes. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="background-color: white">On
June 21, 2023, the Company filed a Registration Statement to provide for resales of 1,194,027 shares of Common Stock issuable upon conversion
of the 2023 Notes. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in">On August 21, 2024, the Company
completed a secured subordinated convertible note financing of $1,000,000. <FONT STYLE="background-color: white">Charlie Bass, Chairman
of the Company&rsquo;s Board of Directors and Bill Parnell, the Company&rsquo;s Board director, were among the group of accredited investors
who participated in the offering. Mr. Bass purchased a subordinated convertible note in the principal amount of $525,000 and Mr. Parnell
purchased a subordinated convertible note in the principal amount of $100,000. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="background-color: white">The
secured subordinated convertible notes (the &ldquo;2024 Note&rdquo;) have a three-year term and will mature on August 21, 2027. The interest
rate on the 2024 Note is 10% per year, payable quarterly in cash. The holder of each 2024 Note may require the Company to repay the principal
amount of the 2024 Note plus accrued interest at any time after August 21, 2025. The 2024 Notes are secured by the assets of the Company
and are subordinated to the Company&rsquo;s debts with Western Alliance Bank, its senior lender. The principal amount of each 2024 Note
is convertible at any time, at the option of the holder, into shares of the Company&rsquo;s common stock at a conversion price of $0.9515
per share. Failure to pay the principal payment or any interest payment (with 5 days delinquency) when due are events of default under
the 2024 Notes. </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: left; text-indent: 0.5in"><FONT STYLE="background-color: white">On
November 12, 2024, the Company filed a Registration Statement to provide for resales of 1,050,970 shares of Common Stock issuable upon
conversion of the Notes. </FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center; text-indent: 0in"><B>OTHER MATTERS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">The Company knows of no
other matters to be submitted at the 2025 Annual Meeting of Stockholders. If any other matters properly come before the 2025 Annual Meeting,
it is the intention of the persons named in the enclosed form of proxy to vote the shares they represent as the Board of Directors may
recommend. It is important that your shares be represented at the meeting, regardless of the number of shares that you hold. Please complete,
date, execute and return, at your earliest convenience, the accompanying proxy card in the envelope that has been enclosed or otherwise
vote your shares via telephone or internet as available.</P>

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    <TD STYLE="width: 33%"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">Dated:
 April 16, 2025&#9;</FONT></TD>
    <TD STYLE="width: 23%">&nbsp;</TD>
    <TD STYLE="width: 44%">THE BOARD OF DIRECTORS</TD></TR>
</TABLE>
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