The Audit Committee determined that previously issued financial statements for the fiscal year ended December 31, 2024, are unreliable. The error involves an unrecorded derivative liability totaling $1,319,366 related to convertible debt. The company plans to file an amendment to its original 10-K filing to correct the financial records. A re-audit of the 2024 financial statements is required as recommended by the independent auditor, Beckles & Co.