Going concern warnings

…with Accounting Standards Codification ("ASC") 205-40, Going Concern, these factors, considered in the aggregate, raise substantial doubt about the Company's ability to continue as a going concern within one year of the date that the financial statements are issued.

These conditions raise substantial doubt about our ability to continue as a going concern.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt about our ability to continue as a going concern beyond one year from the date these financial statements are issued.

This condition raises substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt about the Company's ability to continue as a going concern for a period of twelve months from the issuance date of this Quarterly Report.

…position, and the Company's forecasted future cash flows for twelve months beyond the date of issuance of these financial statements, substantial doubt exists around the Company's ability to continue as a going concern for a reasonable period of time.

These factors raise substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time.

These conditions and the ability to successfully resolve these factors raise substantial doubt about the Company's ability to continue as a going concern.

The Company's net losses and working capital deficit raise substantial doubt about the Company's ability to continue as a going concern.

These factors raise a substantial doubt about the Company's ability to continue as a going concern.

…and management's related conclusion that there is substantial doubt about our ability to continue as a going concern for the 12 months following June 30…

Despite the extinguishment of much of the Company's debt, the Company's history of losses combined with the amount of its revenues, raise substantial doubt about the Company's ability to continue as a going concern.

We have identified conditions that raise substantial doubt about our ability to continue as a going concern.

…forecasted cash requirements for operations and other obligations coming due within the next twelve months, raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that these financial statements are issued.

These conditions and events raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these consolidated financial statements are issued.

Accordingly, management concluded that substantial doubt about the Company's ability to continue as a going concern continues to exist within one year after the date these unaudited condensed consolidated interim financial statements are issued.

In their fiscal 2025 audit report, our independent auditors expressed that there is substantial doubt as to our ability to continue as a going concern.

These factors raise substantial doubt about the Company's ability to continue as a going concern for one year from the date the financials were issued.

These conditions raise substantial doubt about our ability to continue as a going concern.

These factors raise substantial doubt about the Company's ability to continue as a going concern for the one-year period following the date that these financial statements were issued.

Based on the foregoing, these factors, among others, raise substantial doubt about the Company's ability to continue as a going concern one year from the date these financial statements are issued.

…and revenue that remains insufficient to cover operating costs raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued.

These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern one year from the date that the accompanying unaudited condensed financial statements were issued.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

The Company's liquidity condition raises substantial doubt about the Company's ability to continue as a going concern for a period of time within one year after the date that the accompanying unaudited condensed financial statements are issued.

These factors raise substantial doubt about our ability to continue as a going concern for the twelve-month period from the date of this filing with the SEC.

The potential impact of these factors in conjunction with the uncertainty of the capital markets raises substantial doubt about our ability to continue as a going concern for the next twelve months from the issuance of these financial statements.

The Company believes that this raises substantial doubt about its ability to continue as a going concern within one year after the issuance of the unaudited condensed consolidated financial statements.

Such potential liquidity shortfall raises substantial doubt about the Company's ability to continue as a going concern.

Because of the current liquidity situation and lack of expected revenues in the foreseeable future, substantial doubt exists about its ability to continue as a going concern.

These circumstances raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued.

…in order to meet our near-term operating cash flow requirements, and accordingly substantial doubt exists as to our ability to continue as a going concern for 12 months from the issuance of the condensed consolidated financial statements included in this…

The date for mandatory liquidation and subsequent dissolution and liquidity condition raise substantial doubt about the Company's ability to continue as a going concern.

Management has determined that the liquidity condition and mandatory liquidation raise substantial doubt about the Company's ability to continue as a going concern.

The Company's liquidity condition raises substantial doubt about the Company's ability to continue as a going concern for a period of time within one year after the date that the accompanying unaudited condensed financial statements are issued.

These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date of these financial statements.

Based on the foregoing, these factors, among others, raise substantial doubt about the Company's ability to continue as a going concern one year from the date the financial statements are issued.

Management has performed an analysis and concluded that there exists a substantial doubt about the Company's ability to continue as a going concern.

…management has determined that the Company's projected future liquidity position and subsequent dissolution raise substantial doubt about the Company's ability to continue as a going concern.

Our need for additional capital raises substantial doubt about our ability to continue as a going concern.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

These factors, among others, raise a substantial doubt regarding the Company's ability to continue as a going concern operation for a period of 12 months from the issuance date of these condensed consolidated financial statements.

Management has determined that the need to satisfy this mandatory liquidation, should a business combination not occur, and the potential subsequent dissolution, raises substantial doubt about the Company's ability to continue as a going concern.

Such conditions raise substantial doubts about the Company's ability to continue as a going concern.

These factors raise substantial doubt about the Company's ability to continue as a going concern.

…we determined that substantial doubt about our ability to continue as a going concern continues to exist as of June 30, 2026.

…the Company does not complete a Business Combination within the Combination Period raise substantial doubt about the Company's ability to continue as a going concern for a period of time within one year from the date of the accompanying unaudited…

Accordingly, we determined that there is substantial doubt about our ability to continue as a going concern within 12 months after the date that the financial statements included in this Quarterly Report are issued.

Our audited financial statements include a statement that there is a substantial doubt about our ability to continue as a going concern and a continuation of negative financial trends could result in our inability to continue as a going concern.

As a result, these conditions raise substantial doubt about our ability to continue as a going concern over the long term.

As a result of these matters, substantial doubt exists about the Company's ability to continue as a going concern for one year after the date the financial statements are issued.

These matters raise substantial doubt about the Company's ability to continue as a going concern.

These conditions and events raise substantial doubt about the Company's ability to continue as a going concern.

Accordingly, management cannot conclude that it is probable that such plans will be effectively implemented and will mitigate the conditions and events that raise substantial doubt about the Company's ability to continue as a going concern.

These conditions, considered in the aggregate, raise substantial doubt about the Company's ability to continue as a going concern and meet the Company's obligations as they become due within one year after the date the financial statements are issued.

These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

Management has determined that the liquidity condition raises substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt about the Company's ability to continue as a going concern beyond twelve months after the date that these unaudited condensed consolidated financial statements are issued.

These conditions raise substantial doubt as to the Company's ability to continue as a going concern.

These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that these financial statements are issued.

Management has determined that the liquidity condition and mandatory liquidation should an initial Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt about its ability to continue as a going concern.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

These uncertainties raise substantial doubt regarding our ability to continue as a going concern for a period of twelve months subsequent to the issuance date of these financial statements.

These factors raise substantial doubt about the Company's ability to continue as a going concern.

However, certain conditions as listed below raise substantial doubt about the Company's ability to continue as a going concern: As of June 30…

These conditions raise substantial doubt about the Company's ability to continue as a going concern for a period of one year following the issuance date of these unaudited interim consolidated financial statements.

As a result, there is substantial doubt about the Company's ability to continue as a going concern within one year after the date that these consolidated financial statements are issued.

As a result, there is substantial doubt about the Company's ability to continue as a going concern based upon recurring operating losses and its need to obtain additional financing to sustain operations.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

These factors raise substantial doubt regarding the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.

These factors raise substantial doubt about the Company's ability to continue as a going concern within one year of the date that the financial statements are issued.

These factors raise substantial doubts about the Company's ability to continue as a going concern.

As a result, management has determined that such additional condition also raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued.

Management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern.

These conditions, considered in the aggregate, raise substantial doubt about the Company's ability to continue as a going concern.

As a result, management has determined that such an additional condition also raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited financial statements are issued.

Management has determined that the liquidity condition raises substantial doubt about the Company's ability to continue as a going concern.

The Company's liquidity condition raises substantial doubt about the Company's ability to continue as a going concern for a period of time…

…and the lack of recurring operating revenue collectively raise substantial doubt regarding our ability to continue as a going concern for the one-year period following the date that condensed consolidated financial statements were issued.

This condition raises substantial doubt about the Company's ability to continue as a going concern for a period within one year after the date that the unaudited condensed financial statements are issued.

There is substantial doubt about the ability of the Company to continue as a going concern for one year from the issuance of the accompanying consolidated financial statements.

These conditions raise substantial doubt as to the Company's ability to continue as a going concern.

These factors create substantial doubt about the Company's ability to continue as a going concern.

…management has concluded that substantial doubt exists about the Company's ability to continue as a going concern.

…resources, combined with the uncertainty regarding the availability of additional funding, the Company has concluded that substantial doubt exists regarding its ability to continue as a going concern within one year after the date these consolidated financial statements are issued.

There is substantial doubt about the ability of the entity to continue as a going concern within one year after the date that the financial statements are issued.

These circumstances indicate there is substantial doubt about our ability to continue to operate as a going concern for a period of one year following the issue date of these unaudited condensed consolidated financial statements.

The Company's liquidity condition and mandatory liquidation within one year of the issuance of these unaudited condensed financial statements raise substantial doubt about the Company's ability to continue as a going concern.

As a result, management has concluded that substantial doubt exists about the Company's ability to continue as a going concern for 12 months from the date these condensed consolidated financial statements are issued.

Such uncertainties related to events and conditions raise substantial doubt about the Company's ability to continue as a going concern.

…management has concluded that there is substantial doubt regarding the Company's ability to continue as a going concern for a period of twelve months after the date these consolidated financial statements are issued.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

As a result, such matters create a substantial doubt regarding the Company's ability to meet its financial obligations and continue as a going concern.

…raises substantial doubt about the Company's ability to continue as a going concern within twelve months after the date that the accompanying condensed consolidated financial statements are issued.

Due, in part, to the events of default under the Company's debt agreements detailed below, management has concluded that there is substantial doubt as to the Company's ability to continue as a going concern.