| (a) | Amount beneficially owned:
(i) Immediately following the execution of the inducement letter agreement with the Issuer on July 15, 2026 (the "Inducement Letter") (as disclosed in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on July 17, 2026), each of the Reporting Persons may have been deemed to have beneficial ownership of 322,594 shares of Common Stock in the aggregate issuable upon exercise of the Existing Warrants (as defined in the Inducement Letter) held by Intracoastal, and all such shares of Common Stock represent beneficial ownership of approximately 9.99% of the Common Stock, based on (1) 2,906,579 shares of Common Stock outstanding immediately prior to the execution of the Inducement Letter, as reported to the Reporting Persons by the Issuer, plus (2) 322,594 shares of Common Stock issuable upon exercise of the Existing Warrants held by Intracoastal. The foregoing excludes (I) 517,622 shares of Common Stock in the aggregate issuable upon exercise of the Existing Warrants held by Intracoastal because the Inducement Letter contains a blocker provision under which such shares of Common Stock shall be held in abeyance to the extent (but only to the extent) that the issuance of such shares of Common Stock would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Common Stock, (II) 860,216 shares of Common Stock issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the Inducement Letter ("New Intracoastal Warrant 1") because New Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise New Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (III) 820,216 shares of Common Stock issuable upon exercise of a second warrant to be issued to Intracoastal at the closing of the transaction contemplated by the Inducement Letter ("New Intracoastal Warrant 2") because New Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise New Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock and (IV) 65 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1") because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 2,520,713 shares of Common Stock.
(ii) As of the close of business on July 21, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 254,445 shares of Common Stock held by Intracoastal, and all such shares of Common Stock represent beneficial ownership of approximately 5.6% of the Common Stock, based on (1) 2,906,579 shares of Common Stock outstanding immediately prior to the execution of the Inducement Letter, as reported to the Reporting Persons by the Issuer, (2) 1,082,000 shares of Common Stock in the aggregate issued at the closing of the transaction contemplated by the Inducement Letter (which includes 318,000 shares of Common Stock in the aggregate issued to Intracoastal upon exercise of the Existing Warrants pursuant to the Inducement Letter) and (3) 522,216 shares of Common Stock in the aggregate issued to Intracoastal upon exercise of the Existing Warrants pursuant to the Inducement Letter. The foregoing excludes (I) 860,216 shares of Common Stock issuable upon New Intracoastal Warrant 1 because New Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise New Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (II) 820,216 shares of Common Stock issuable upon exercise of New Intracoastal Warrant 2 because New Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise New Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock and (III) 65 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,934,942 shares of Common Stock. |