NOTE 13 — SUBSEQUENT EVENTS

In October 2025, the Company entered into a Future Receivables Sale and Purchase Agreement with a third party pursuant to which it sold $938,250 of future receipts (the "Purchased Amount") in exchange for net proceeds of $641,200, net of an origination fee of $33,800. Under the agreement, the Company agrees to pay the third party approximately $52,000 weekly until the Purchased Amount has been collected. A portion of the net proceeds were used to pay off the June 2025 loan discussed in Note 7.

In October 2025, the Company entered into a Business Loan and Security Agreement with a third party pursuant to which the Company borrows principal amount of $2.5 million with administrative fee of $250,000 in exchange for repayments of two

outstanding loans total principal and interest of approximately $1,855,000 and net proceeds of approximately $395,000. The Company agrees to pay the third party approximately $94,000 weekly for 38 weeks.