The Board of Directors approved the 2026 Employment Inducement Stock Incentive Plan on March 31, 2026. The plan reserves 1,750,000 shares of common stock for issuance. Awards are restricted to new employees as an inducement material to their commencement of employment, per Nasdaq Rule 5635(c)(4). The plan does not allow for the issuance of incentive stock options. The plan was adopted without stockholder approval, consistent with Nasdaq listing requirements for inducement grants.