Scage Future (SCAG) AI Dilution Summary

Cash was $609,892 at the 2025-12-31 balance-sheet date, against estimated monthly burn of $333,333. A $1,509,375 principal payment fell due at maturity on 2026-06-26 under the first EarlyBirdCapital, Inc. Promissory Note Agreement. Dilution here is driven primarily by EBC Promissory Note No. 1, with $1,509,375 outstanding.