Converted the full $2,000,000 principal of a February 9, 2026 senior secured convertible debenture into 2,023 shares of Series C preferred stock. The exchange was executed on March 27, 2026 under previously disclosed Amendment and Exchange Agreements dated December 3, 2025. The transaction relied on the Section 3(a)(9) exemption of the Securities Act; the issued securities are unregistered. Common stock (KITT) and warrants (KITTW) remain listed on Nasdaq; no changes to listings were disclosed. The report was signed on March 30, 2026 by Interim Chief Financial Officer Jimena Begaries.