Nasdaq informed the Company that this matter serves as an additional basis for delisting the Company's securities from Nasdaq and that the Nasdaq Hearings Panel (the "Panel") will consider this matter in its decision regarding the Company's continued listing on The Nasdaq Capital Market. In that regard, the Company may present its views with respect to this additional deficiency to the Panel in writing no later than May 26, 2026. In addition, since, as previously disclosed by the Company, the Company is already before a Panel for its failure to comply with the minimum $2.5 million stockholders' equity and minimum $1 bid price requirements, as set forth under Listing Rules 5550(b)(1) and 5550(a)(2), respectively, the Company will have seven days, or until May 26, 2026, to request a stay of the suspension of its securities from The Nasdaq Capital Market, pending a Panel decision. A Panel will review the request for an extended stay and notify the Company of its conclusion as soon as is practicable but, in any event, no later than 15 calendar days following the deadline to request a further stay.