(3) |
Represents the resale of (i) 4,304,343 shares of Common Stock
issuable upon the conversion of 990 shares of Series B Convertible Preferred Stock; (ii) 6,714,780 shares of Common Stock issuable upon
the exercise of common warrants to purchase 6,714,780 shares of Common Stock; (iii) 1,430,000 shares of Common Stock issuable upon the
exercise of common warrants to purchase 1,430,000 shares of Common Stock purchased by certain existing warrant holders in a private placement
transaction pursuant to the terms of a warrant inducement letter agreement dated as of August 13, 2025, between us and the Warrant Inducement
Holders; (iv) an additional 19,884,375 shares of Common Stock pursuant to the anti-dilution adjustment provision of common stock purchase
warrants to purchase 19,884,375 shares of Common Stock purchased by certain existing warrant holders in a public offering pursuant to
the terms of a securities purchase agreement dated May 5, 2025 and (v) 162,130 shares of Common Stock issuable upon the exercise of warrants
to purchase 162,130 shares of Common Stock issued to designees of WallachBeth Capital LLC. |