Net cash position of approximately $13.7 million - cash and USDC stablecoin holdings, less notes payable- or approximately $1.25 per share as of July 24, 2026, based on unaudited management estimates.

At the July 24, 2026 closing price of $0.4191 per share, the Company's net cash position represented approximately 3 times its total market capitalization of approximately $4.6 million - with no value attributed to the operating business or contracted revenue.

The Company has commenced repurchases under its previously authorized $2.0 million share repurchase program and intends to seek Board authorization to increase the program by 50%, to $3.0 million, and to accelerate the pace of repurchases - subject to market conditions, applicable law and trading window restrictions.

Previously announced 60-month GPU compute services agreement provides for approximately $44.6 million in aggregate contracted service fees over its initial term - approximately 9.7 times the Company's current market capitalization. GPU-related revenue is expected to begin in the fourth quarter of 2026.