Company: NDRA
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110887
Chunk: 270

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 270
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 by sophisticated,
well-funded and organized groups and individuals, including state actors. The techniques used to obtain unauthorized, improper or illegal
access to systems and information (including personal data and digital assets), disable or degrade services, or sabotage systems are constantly
evolving, may be difficult to detect quickly, and often are not recognized or detected until after they have been launched against a target.
These attacks may occur on our systems or those of our third-party service providers or partners. We may experience breaches of our security
measures due to human error, malfeasance, insider threats, system errors or vulnerabilities or other irregularities. In particular, we
expect that unauthorized parties will attempt to gain access to our systems and facilities, as well as those of our partners and third-party
service providers, through various means, such as hacking, social engineering, phishing and fraud. Threats can come from a variety of
sources, including criminal hackers, hacktivists, state-sponsored intrusions, industrial espionage, and insiders. In addition, certain
types of attacks could harm us even if our systems are left undisturbed. For example, certain threats are designed to remain dormant or
undetectable, sometimes for extended periods of time, or until launched against a target and we may not be able to implement adequate
preventative measures. Further, there has been an increase in such activities due to the increase in work-from-home arrangements. The
risk of cyberattacks could also be increased by cyberwarfare in connection with the ongoing Russia-Ukraine, Israel-Hamas and Israel-Iran
conflicts, or other future conflicts, including potential proliferation of malware into systems unrelated to such conflicts. Any future
breach of our operations or those of others in the cryptocurrency industry, including third-party services on which we rely, could materially
and adversely affect our financial condition and results of operations.

27

We face significant risks relating to disruptions, forks, 51%
attacks, hacks, network disruptions, or other adverse events or other compromises to the cryptocurrency blockchains, which could materially
and adversely impact our business, financial condition and results of operations.

Blockchain networks are maintained by decentralized networks of participants,
and as such are susceptible and vulnerable to a variety of risks, including disruptions, security breaches, and fundamental technical
issues. Both networks are vulnerable to attacks by malicious actors who gain control of a significant portion of the network’s mining
hash rate, a scenario commonly referred to as a 51% attack. In such an event, the attacker