Historically, KiNRG has been an early-stage company developing plans to design, permit, finance and construct our HydroThermal Reactor (“HTR”) projects. Following the acquisition of TRINITY on April 1, 2026, the Company’s operations also include commercial construction and infrastructure services conducted through TRINITY. Our core objective is to develop and commercialize our HTR concept, which is designed to generate electricity without combusting fossil fuels and to support applications that value reliable power. We intend to pursue a phased development approach, using engineering, modeling and third-party inputs to refine our designs and assess potential sites and commercial structures. We have not yet constructed or operated an HTR at commercial scale or generated revenue from commercial electricity production. In addition to constructing HydroThermal Reactors in the United States and abroad, the Company intends to form domestic and international partnerships to deploy these systems and address growing global electricity demand. Our business model contemplates developing one or more sites where HTR projects could be co-located with third-party electricity customers, such as data centers or other industrial users, and potentially with other facilities (such as hydrogen-related applications) developed and financed by third parties. In addition to its mission-critical and data center work, TRINITY performs approximately 20 commercial construction projects annually, generally ranging from approximately $2 million to $20 million in project value. As of June 30, 2026, TRINITY’s backlog was approximately $782.7 million.