The company entered into exchange agreements with Streeterville Capital, LLC on May 21, 2026, and June 8, 2026. A total of 199 shares of Series B Preferred Stock were exchanged for 865,903 shares of common stock. The exchange was based on an aggregate stated value of $199,000, or $1,000 per share. The conversion price was determined by the Nasdaq Minimum Price on the day preceding the agreements.