Entered into a First Amendment to the Loan and Security Agreement with Avenue Venture Opportunities Fund II, L.P. regarding $10,000,000 in outstanding principal. Extended the interest-only payment period by one year, now ending September 30, 2027, with amortization beginning October 1, 2027. Extended the final maturity date of the loan from September 1, 2028, to September 1, 2029. Increased the lender's debt-to-equity conversion cap from $1,000,000 to $3,000,000 at a conversion price of $1.00 per share. Reduced the exercise price of 641,163 existing warrants from $2.32 to $1.00 per share. Issued a new warrant to the lender for 1,000,000 shares of common stock at an exercise price of $1.00 per share, expiring in 2031. Established a 'Put Option' allowing the company to force debt conversion if the stock price exceeds $1.50 (50% above conversion price) for 15 consecutive days.