BIO2AM 01/23/2023 11:11 PM

Arizona Form 120 Return Summary

For calendar year 2021, or other tax year beginning , ending
BIOCATCH INC 81-1320437

Taxable Income
Federal taxable income 23,916
Additions 137,298
Subtractions 29,821
Nonapportionable or allocable amounts
Apportionment ratio 0.038897
Other income allocated to Arizona
Arizona basis net operating loss carryover 4,089
Arizona taxable income 1,022
Tax Computation
Income tax 50
Tax from recapture of tax credits
Nonrefundable credits
Total tax 50
Payments / Penalties
Refundable tax credits
Extension payment 50
Estimated tax payments
Claim of right
Penalties and interest
Estimated tax penalty
DRAFT
Total payments / penalties 50
Tax due

Overpayment credited to next year's tax

Refund

Next Year's Estimates Apportionment Ratio

1st Quarter Property 0.000000
2nd Quarter Payroll 0.102435
3rd Quarter Sales 0.053151
4th Quarter Average 0.038897
Total
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Arizona Form
120X Arizona Amended Corporation Income Tax Return 2021
DO NOT USE THE 2021 FORM 120X TO AMEND A PRIOR TAXABLE YEAR. USE THE FORM 120X FOR THE TAXABLE YEAR BEING AMENDED.

For the X calendar year 2021 or fiscal year beginning and ending .
Business Telephone Number Name Employer Identification Number (EIN)
(with area code)
BIOCATCH INC 81-1320437
415-722-4075 Address – number and street or PO Box
Business Activity Code 12 EAST 49TH STREET , 11TH FLOOR
(from federal Form 1120) City, Town or Post Office State ZIP Code
541990 NEW YORK NY 10017
B X Address change
REVENUE USE ONLY. DO NOT MARK IN THIS AREA.
65 Check box if: A Name change
A Reason for filing Form 120X: 88
1 Finalized federal audit
2 X Amended federal return
3 Arizona adjustments only (see instructions)
B This amended return changes Arizona filing method to: 1 Separate company
2 Combined (unitary group) 3 Consolidated (generally, election cannot be made on
amended return (see instructions)) PM RCVD
81 66
C Check this box if this amended return includes a capital loss carryback, and
enter the last day of the tax year the capital loss originated:
D Multistate Corporations Only: This amended return changes the method of apportionment to Arizona from the original return (check one box)
1 AIR CARRIER 2 X STANDARD 3 SALES FACTOR ONLY
E Check this box if the election to be treated as a Multistate Service Provider was made on the original return.
F Marijuana Establishments only: Adult Use only (a) (b) (c)
1 As Originally Amount
Dual Lic. did not
2 Dual Lic. elected for-profit 3 elect for-profit. Reported or Adjusted to Add or Subtract Corrected Amount
1 Taxable income per federal return . . . . . . . . . . . . . . . -4,116,831 00 4,140,747 00 1 23,916 00
41,635 00
DRAFT 95,663 00 137,298
2 Additions to taxable income from Schedule D, line D9 . . . 2 00
3 Total taxable income: Add lines 1 and 2. Enter the total . . -4,075,196 00 4,236,410 00 3 161,214 00
4 Subtractions from taxable income from Schedule E, line E11 29,821 00 0 00 4 29,821 00
5 Arizona adjusted income: Subtract line 4 from line 3. -4,105,017 00 4,236,410 00 5 131,393 00
Enter the difference.100% Arizona corporations check box 5a .
Go to line 13. All others go to line 6 . . . . . . . . . . . . . . . . . . . . . . . .
6 AZ adjusted income from line 5. Multistate corporations only . . . -4,105,017 00 4,236,410 00 6 131,393 00
7 Nonapportionable or allocable amounts. Multistate corporations only 0 00 00 7 00
8 Adjusted business income: Subtract ln. 7 from ln. 6. Enter the difference. -4,105,017 00 4,236,410 00 8 131,393 00
9 Arizona apportionment ratio from Schedule A or Schedule ACA . . . . 0.044249 9 0.038897
10 Income apportioned to AZ: Multiply ln. 8 by ln. 9. Multistate corp. only -181,643 00 186,754 00 10 5,111 00
11 Other income allocated to Arizona. Multistate corp. only . . . . . . . 0 00 00 11 00
12 Inc. attributable to AZ: Add lines 10 and 11. Multistate corporations only -181,643 00 186,754 00 12 5,111 00
13 Arizona income before NOL from line 5 or line 12 . . -181,643 00 186,754 00 13 5,111 00
14 AZ basis net operating loss carryover: Include computation sch. . 0 00 4,089 00 14 4,089 00
15 Arizona taxable income: Subtract line 14 from line 13 . . . -181,643 00 182,665 00 15 1,022 00
16 Enter tax: Tax is 4.9 percent of line 15 or $50, whichever is greater . 50 00 0 00 16 50 00
17 Tax from recapture of tax credits from Arizona Form 300, Part 2, line 25 0 00 00 17 00
18 Subtotal: Add lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . 50 00 0 00 18 50 00
19 Nonrefundable tax credits claimed from Arizona Form 300, Part 2, line 46 . . 0 00 00 19 00
20 Credit type: Enter form no. for each nonrefundable cr. claimed . . . . . . . . . . . . . . . . . . . . . . . . . . . 201 3 202 3 203 3 204 3
21 Tax liability: Subtract line 19 from line 18 . . . . . . . . . 50 00 0 00 21 50 00
22 Refundable tax credits: Check box(es) and enter amount . . . . . . . . . . . . . . . . . . . . . . . . . . 22a 308 22b 349 22c 00
23 Payments: X Ext Est 23a 00 Claim of Right 23b 00 Add 23a and 23b 23c 0 00
24 Payment with original return plus all payments after it was filed: from page 2, Schedule B . . . . . . . . . . . . . . . . . . . . . . . 24 50 00
25 Total payments: Add lines 22c, 23c, and 24. Enter total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 50 00
26 Overpayment, if any, as shown on original return or as later adjusted: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 00
27 Total payments applied to amended tax liability: Subtract line 26 from line 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 50 00
28 TOTAL DUE: If line 21(c) is larger than line 27, subtract line 27 from line 21(c). Enter the difference. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 0 00
29 Enter the Penalty and Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 00
30 Add line 28 and line 29. Enter the total payment due. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 0 00
31 OVERPAYMENT : If line 27 is larger than line 21(c), subtract line 21(c) from line 27. Enter the difference. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 00
32 Amount of line 31 to be applied to 2022 estimated tax . . . . . . . . . . . . . . . . . . . . . 32 00
33 Amount to be refunded: Subtract line 32 from line 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 00
ADOR 10341 (21)
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Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437
SCHEDULE A Apportionment Formula (Multistate Corporations Only)
IMPORTANT: Qualifying air carriers must use Arizona Schedule ACA.
COLUMN A COLUMN B COLUMN C
Qualifying Multistate Service Providers must include Arizona Schedule Total Within Arizona Total Everywhere Ratio Within Arizona
MSP. If the “SALES FACTOR ONLY” box on page 1, line D, is checked, Round to nearest dollar Round to nearest dollar. A÷B
complete only Section A3, Sales Factor, lines a through f. See instructions.
A1 Property Factor - STANDARD APPORTIONMENT ONLY
Value of real and tangible personal property (by averaging the value
of owned property at the beginning and end of the tax period; rented
property at capitalized value).
a Owned Property (at original cost):
1 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Depreciable assets (do not include construction in progress) . . . . . . . . . . . . . . . . . .
3 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Other assets (describe):
5 Less: Nonbusiness property (if included in above totals) . . . . . . . . . . . . . . . . . . .
6 Total of section a (the sum of lines 1 through 4 less line 5) . . . . . . . . . . . . . . 0
b Rented property (capitalize at 8 times net rent paid) . . . . . . . . . . . . . . . . . . . . . . . . . . . 590,120
c Total owned and rented property (Total of section a plus section b). . . . . . . . . . . . 590,120 0.000000
A2 Payroll Factor - STANDARD APPORTIONMENT ONLY
Total wages, salaries, commissions and other compensation to
employees (per federal Form 1120, or payroll reports) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 961,372 9,385,176 0.102435
A3 Sales Factor
a Sales delivered or shipped to Arizona purchasers . . . . . . . . . . . . . . . . . . . . .
b Sales from services or from designated intangibles for

DRAFT
qualifying Multistate Service Providers only (see instructions;
include Schedule MSP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c Other gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 454,167
d Total sales and other gross receipts (the sum of lines a through c) . . . . . . . . . . . 454,167 17,089,531
e Weight AZ sales: (STANDARD × 2; SALES FACTOR ONLY × 1) . . . . . . . . . . x 2 OR x 1
f Sales Factor (for Column A, multiply line d by line e; for
Column B, enter the amount from line d; for Column C, divide
Column A by Column B.)
STANDARD Apportionment, continue to A4.
SALES FACTOR ONLY Apportionment, enter the amount from
Column C on page 1, line 9, column (c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 908,334 17,089,531 0.053151
A4 STANDARD Apportionment Total Ratio: Add Column C of lines A1c, A2, and A3f. Enter the total. ......................... 0.155586
A5 Average Apportionment Ratio for STANDARD Apportionment: Divide line A4, Column C, by four (4). Enter the result
on page 1, line 9, column (c). (If one of the factors is “0” in both Column A and Column B, see instructions.) . . . . . . . . . . . . . . . . . . . 0.038897
SCHEDULE B Schedule of Payments (List payment date and amount.)
B1 Payment with original return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 50 00
B2 Payment after original return filed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B2 00
B3 Payment after original return filed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B3 00
B4 Total: Add lines B1, B2 and B3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B4 50 00

SCHEDULE C Explanation of Changes (See instructions, page 8.)

TAX RETURN IS AMENDED TO REPORT CHANGES IN FINANCIAL STATEMENT.

ADOR 10341 (21) AZ Form 120X (2021) Page 2 of 5

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Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437
SCHEDULE D Adjustments to Additions to Taxable Income
(a) (b) (c)
As Originally Amount
Reported or Adjusted to Add or Subtract Corrected Amount
D1 Total federal depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38,715 00 00 D1 38,715 00
D2 Taxes based on income paid to any state (INCLUDING
ARIZONA), local governments or foreign governments . . . . . . 2,920 00 00 D2 2,920 00
D3 Interest on obligations of other states, foreign countries, or
political subdivisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 D3 00
D4 Special deductions claimed on federal return . . . . . . . . . 00 00 D4 00
D5 Federal net operating loss deduction claimed on federal return 00 95,663 00 D5 95,663 00
D6 Additions related to Arizona tax credits: See instructions. 00 00 D6 00
D7 Capital loss from exchange of legal tender . . . . . . . . . . 00 00 D7 00
D8 Other additions to federal taxable income: See instructions 00 00 D8 00
D9 TOTALS: Add lines D1 through D8 in each column. Enter the
amounts here and in the corresponding column on page 1, line 2 41,635 00 95,663 00 D9 137,298 00

SCHEDULE E Adjustments to Subtractions from Taxable Income

(a) (b) (c)
As Originally Amount
Reported or Adjusted to Add or Subtract Corrected Amount
E1 Recalculated Arizona depreciation . . . . . . . . . . . . . . . . . . . 29,821 00 00 E1 29,821 00
E2 Basis adjustment for property sold or otherwise disposed of
during the taxable year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 E2 00
E3 Dividends received from 50% or more controlled domestic corporations 00 00 E3 00
E4 Foreign dividend gross-up . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 E4 00

DRAFT
E5 Dividends received from foreign corporation . . . . . . . . . 00 00 E5 00
E6 Interest on U.S. obligations . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 E6 00
E7 Agricultural crops charitable contribution . . . . . . . . . . . . . 00 00 E7 00
E8 Expenses related to certain federal tax credits. See instructions 00 00 E8 00
E9 Capital gain from exchange of legal tender . . . . . . . . . . 00 00 E9 00
E10 Other subtractions from federal taxable income. See instructions 00 00 E10 00
E11 TOTALS: Add lines E1 through E10 in each column. Enter the
amounts here and in the corresponding column on page 1, line 4 29,821 00 00 E11 29,821 00

The following declaration must be signed by one or more of the following officers: president, treasurer, or any other principal officer.

Under penalties of perjury, I, the undersigned officer authorized to sign this return, declare that I have examined this return, including
Declaration
the accompanying schedules and statements, and to the best of my knowledge and belief, it is a true, correct and complete return,
made in good faith, for the taxable year stated pursuant to the income tax laws of the State of Arizona.

CFO
OFFICER'S SIGNATURE GREG STOCKETT DATE TITLE
Please
Sign OFFICER'S PRINTED NAME
Here

TRU CHAU 01/23/23 P00743950

PAID PREPARER'S SIGNATURE DATE PAID PREPARER'S TIN
Paid
Preparer's PAID PREPARER'S PRINTED NAME

Use EARLY GROWTH FINANCIAL SERVICES

FIRM'S NAME (OR PAID PREPARER'S NAME, IF SELF-EMPLOYED) FIRM'S EIN
Only
2345 YALE ST 1ST FL 415-234-3437
FIRM'S STREET ADDRESS FIRM'S TELEPHONE NUMBER
PALO ALTO CA 94306
CITY STATE ZIP CODE

Mail to: Arizona Department of Revenue, PO Box 29079, Phoenix, AZ 85038-9079

ADOR 10341 (21) AZ Form 120X (2021) Page 3 of 5
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Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437 Page of

SCHEDULE D Adjustments to Additions to Taxable Income Continued

(a) (b) (c)
As Originally Amount Corrected
Filed to Add or Subtract Amount
D6 Additions related to Arizona tax credits:
A Environmental Technology Facility Credit:
1 Excess Federal Depreciation or Amortization 00 00 A1 00
2 Excess in Federal Adjusted Basis . . . . . . . . . . . 00 00 A2 00
B Pollution Control Credit:
1 Excess Federal Depreciation or Amortization 00 00 B1 00
2 Excess in Federal Adjusted Basis . . . . . . . . . . . 00 00 B2 00
C Credit for Taxes Paid for Coal Consumed in Generating
Electrical Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 C 00
D Credit for Employment of TANF Recipients . . . . . 00 00 D 00
E Credit for Donation of School Site . . . . . . . . . . . . . . . 00 00 E 00
F Credit for Corporate Contributions to School Tuition
Organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 F 00
G Credit for Corporate Contributions to School Tuition
Organizations for Displaced Students or Students
with Disabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 G 00
H Total Additions Related to Arizona Tax Credits: .
Enter this amount on page 3, Schedule D, line D6 00 00 H 00

D8 Other additions to federal taxable income:

A Positive Partnership Income Adjustment . . . . . . . . 00 00 A 00

DRAFT
B Federal Exploration Expenses . . . . . . . . . . . . . . . . . . 00 00 B 00
C Federal Amortization or Depreciation for Facilities
and Equipment Amortized Under Arizona Law:
1 Pollution Control Devices . . . . . . . . . . . . . . . . . . . 00 00 C1 00
2 Child Care Facilities . . . . . . . . . . . . . . . . . . . . . . . . 00 00 C2 00
D Expenses and Interest Relating to Income Not
Taxed by Arizona . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 D 00
E Tax-Exempt Insurance Company Loss . . . . . . . . . . 00 00 E 00
F Amounts Repaid in Current Taxable Year . . . . . . . 00 00 F 00
G Excess Federal Capital Loss Carryover Under
a Claim of Right Restoration . . . . . . . . . . . . . . . . . . . . 00 00 G 00
H Domestic International Sales Corporations . . . . . . 00 00 H 00
I Expenditures for the Americans with Disabilities Act 00 00 I 00
J Treatment of Installment Obligations When 00 00
Corporate Activities Cease in Arizona . . . . . . . . . . . 00 J
K Total Other Additions from Federal Taxable Income.
Enter this amount on page 3, Schedule D, line D8 00 00 K 00

ADOR 10341 (21) AZ Form 120X (2021) Page 4 of 5

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Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437 Page of

SCHEDULE E Adjustments to Subtractions from Taxable Income Continued

(a) (b) (c)
As Originally Amount to Add or Corrected
Filed Subtract Amount
E8 Expenses Related to Certain Federal Tax Credits:
A Work Opportunity Credit . . . . . . . . . . . . . . . . . . . . . . 00 00 A 00
B Empowerment Zone Employment Credit . . . . . . 00 00 B 00
C Credit for Employer-Paid Social Security Taxes on
Employee Cash Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 C 00
D Indian Employment Credit . . . . . . . . . . . . . . . . . . . . . 00 00 D 00
E Total Expenses Related to Certain Federal Tax Credits
Enter this amount on page 3, Schedule E, line E8 . . . 00 00 E 00

E10 Other Subtractions from Federal Taxable Income:

A Refunds of Taxes Based on Income . . . . . . . . . . 00 00 A 00
B Negative Partnership Income Adjustment . . . . . 00 00 B 00
C Expense Recapture, Mine Explorations . . . . . . . 00 00 C 00
D Deferred Exploration Expenses . . . . . . . . . . . . . . . 00 00 D 00
E Exploration Expenses: Oil, Gas or Geothermal Resources 00 00 E 00
F Arizona Amortization of Facilities and Equipment:
1 Pollution Control Devices . . . . . . . . . . . . . . . . . 00 00 F1 00
2 Cost of Child Care Facilities . . . . . . . . . . . . . . 00 00 F2 00
G Interest on Federal Taxable Arizona Obligations
Evidenced by Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . 00 00 G 00
H Expenses and Interest Relating to Tax-Exempt Income 00 00 H 00
I Tax-Exempt Insurance Company Income . . . . .
J Claim of Right Adjustment . . . . . . . . . . . . . . . . . . . .
K Dividends from Domestic International Sales
DRAFT
Corporation (DISC) . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
00

00
00
00

00 K
I
J
00
00

00
L Income from Disaster Relief Efforts . . . . . . . . . . . 00 00 L 00
M Expenditures for the Americans with Disabilities Act . 00 00 M 00
N Contribution in Aid of Construction (see instructions) . . . 00 00 N 00
O Marijuana Establishments only (see instructions)
1 Federal Disallowed Expenses, or . . . . . . . . . . . 00 00 O1 00
2 Federal Taxable Income Attributable to NMMD Operations 00 00 O2 00
P Total Other Subtractions from Federal Taxable Income
Enter this amount on page 3, Schedule E, line E10 . . 00 00 P 00

ADOR 10341 (21) AZ Form 120X (2021) Page 5 of 5

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Arizona Form
120 Arizona Corporation Income Tax Return 2021
For the X calendar year 2021 or fiscal year beginning and ending .
Business Telephone Number Name Employer Identification Number (EIN)
(with area code)
BIOCATCH INC 81-1320437
415-722-4075 Address - number and street or PO Box
Business Activity Code
(from federal Form 1120)
12 EAST 49TH STREET , 11TH FLOOR
City, Town or Post Office State ZIP Code

541990 NEW YORK NY 10017

68 Check box if: A This is a first return B Name change C X Address change CHECK BOX IF return is filed under extension:
A Is FEDERAL return filed on a consolidated basis? . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No 82 82F
If "Yes", list EIN of common parent from consolidated return . . . . . . . . . . REVENUE USE ONLY. DO NOT MARK IN THIS AREA.
B ARIZONA filing method: See instructions (check only one): 88
1 X Separate company 2 Combined (unitary group) 3 Consolidated
C If ARIZONA filing method is consolidated, enter the last day of
the tax year Forms 122 were filed to make the election . . . . . . . . . . . . . . . .
D If ARIZONA filing method is combined or consolidated, see Form 51
instructions. Is Form 51 included? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 81 PM 66 RCVD
E ARIZONA apportionment for Multistate corporations only (check one box):
1 AIR CARRIER 2 X STANDARD 3 SALES FACTOR ONLY
F Check if Multistate Service Provider Election and Computation (Arizona Schedule MSP) is included. Indicate the year of the election cycle:
Yr 1 Yr 2 Yr 3 Yr 4 Yr 5
G Is this the corporation's final ARIZONA return under this EIN? . . . . . . . . . . . . . Yes X No If "Yes", check one: 1 Dissolved 2 Withdrawn
3 Merged/Reorganized List EIN of the successor corporation, if any . . .
H Marijuana Establishments only:1 Adult Use only 2 Dual Lic. elected for-profit 3 Dual Lic. did not elect for-profit.
1 Taxable income per included federal return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 23,916 00

DRAFT 137,298
2 Additions to taxable income from page 2, Schedule A, line A9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 00
3 Total taxable income: Add lines 1 and 2. Enter the total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 161,214 00
4 Subtractions from taxable income from page 2, Schedule B, line B11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 29,821 00
5 Adjusted income: Subtract Line 4 from line 3. Enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 131,393 00
Multistate corporations, go to line 6. 100% Arizona corporations, check box 5a Go to line 13 . . . . . . . . . . .
6 Arizona adjusted income from line 5. Multistate corporations only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 131,393 00
7 Nonapportionable or allocable amounts from page 2, Schedule C, line C8. Multistate corporations only . 7 00
8 Adjusted business income: Subtract line 7 from line 6. Enter the difference. Multistate corporations only 8 131,393 00
9 Arizona apportionment ratio from Schedule E or Schedule ACA . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 0.038897
10 Adjusted business income apportioned to Arizona: Line 8 multiplied by line 9. Multistate corporations only 10 5,111 00
11 Other income allocated to Arizona from page 2, Schedule D, line D6. Multistate corporations only . . . . . . 11 00
12 Adjusted income attributable to Arizona: Add lines 10 and 11. Multistate corporations only . . . . . . . . . . . . . 12 5,111 00
13 Arizona income before Net Operating Loss (NOL) from line 5 if 100% Arizona, or line 12 if Multistate corporation 13 5,111 00
14 Arizona basis NOL carryover: Include computation schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 4,089 00
15 Arizona taxable income: Subtract line 14 from line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 1,022 00
16 Enter tax: Tax is 4.9 percent of line 15 or fifty dollars ($50), whichever is greater . . . . . . . . . . . . . . . . . . . . 16 50 00
17 Tax from recapture of tax credits from Arizona Form 300, Part 2, line 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 00
18 Subtotal: Add lines 16 and 17. Enter the total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 50 00
19 Nonrefundable tax credits claimed on line 20 from Arizona Form 300, Part 2, line 46 . . . . . . . . . . . . . . . . . . . . . . 19 00
20 Enter form number for each nonrefundable credit used: 201 3 202 3 203 3 204 3
21 Tax liability: Subtract line 19 from line 18. Enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 50 00
22 Refundable tax credits: Check box(es) and enter amount: 221 308 222 349 . . . . . . . . . . . . . . . . . . . . . . . . . . 22 00
23 Extension payment made with Form 120EXT or online: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 50 00
24 Estimated tax payments: 24a 00 Claim of Right: 24b 00 Add 24a & 24b 24c 00
25 Total payments: Add lines 22, 23, and 24c. Enter the total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 50 00
26 Balance of tax due: If line 21 is larger than line 25, subtract line 25 from line 21. Enter the difference. Skip line 27. . . . . . . . 26 0 00
27 Overpayment of tax: If line 25 is larger than line 21, subtract line 21 from line 25. Enter the difference. . . . . 27 00
28 Penalty and interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 00
29 Estimated tax underpayment penalty. If Form 220 is included, check this box . . . . . . . . . . . . . . . . . . . . . 29A 29 00
30 TOTAL DUE: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 0 00
31 OVERPAYMENT : See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 00
32 Amount of line 31 to be applied to 2022 estimated tax . . . . . . . . . . . . . . . . . 32 00
33 Amount to be refunded: Subtract line 32 from line 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 00
ADOR 10336 (21)
BIO2AM 01/23/2023 11:11 PM

Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437
SCHEDULE A Additions to Taxable Income
A1 Total federal depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A1 38,715 00
A2 Taxes based on income paid to any state (INCLUDING ARIZONA), local governments or foreign governments A2 2,920 00
A3 Interest on obligations of other states, foreign countries, or political subdivisions . . . . . . . . . . . . . . . . . . . . . . . . A3 00
A4 Special deductions claimed on federal return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A4 00
A5 Federal net operating loss deduction claimed on federal return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A5 95,663 00
A6 Additions related to Arizona tax credits: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A6 00
A7 Capital loss from exchange of legal tender . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A7 00
A8 Other additions to federal taxable income: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A8 00
A9 Total: Add lines A1 through A8. Enter the total here and on page 1, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A9 137,298 00

SCHEDULE B Subtractions from Taxable Income

B1 Recalculated Arizona depreciation: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 29,821 00
B2 Basis adjustment for property sold or otherwise disposed of during the taxable year: See instructions . . . . . . . B2 00
B3 Dividends received from 50% or more controlled domestic corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B3 00
B4 Foreign dividend gross-up . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B4 00
B5 Dividends received from foreign corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B5 00
B6 Interest on U.S. obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B6 00
B7 Agricultural crops charitable contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B7 00
B8 Expenses related to certain federal tax credits: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B8 00
B9 Capital gain from exchange of legal tender . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B9 00
B10 Other subtractions from federal taxable income: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B10 00
B11 Total: Add lines B1 through B10. Enter the total here and on page 1, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B11 29,821 00

SCHEDULE C Nonapportionable Income and Expenses (Multistate Corporations Only)

C1 Nonbusiness dividends and interest income:
a Total nonbusiness dividends not deducted in Schedule B . . . . . . . . DRAFT
b Interest from nonbusiness sources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C1a
C1b
00
00
c Total nonbusiness dividends and interest: Add lines C1a and C1b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C1c 00
C2 Net royalties from nonbusiness assets: Include schedule.
a Net royalties from nonbusiness real and tangible personal property . . . . . . . C2a 00
b Net royalties from nonbusiness patents and copyrights . . . . . . . . . . . . . . . . . . C2b 00
c Total net royalties from nonbusiness assets: Add lines C2a and C2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C2c 00
C3 Net income or (loss) from rental of nonbusiness assets: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C3 00
C4 Net capital gain or (loss) from sale or exchange of nonbusiness assets utilized for production of nonbusiness
income: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C4 00
C5 Other income or (loss): Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C5 00
C6 Subtotal: Add lines C1c, C2c, and C3 through C5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C6 00
C7 Expenses attributable to income derived from a foreign corporation which is not itself subject to Arizona
income tax: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C7 00
C8 Total: Subtract line C7 from line C6. Enter the total here and on page 1, line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . C8 00

SCHEDULE D Other Income Allocated to Arizona (Multistate Corporations Only)

D1 Nonbusiness dividends and interest income:
a Total nonbusiness dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D1a 00
b Interest from nonbusiness sources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D1b 00
c Total nonbusiness dividends and interest: Add lines D1a and D1b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D1c 00
D2 Net royalties from nonbusiness assets: Include schedule.
a Net royalties from nonbusiness real and tangible personal property . . . . . . . D2a 00
b Net royalties from nonbusiness patents and copyrights . . . . . . . . . . . D2b 00
c Total net royalties from nonbusiness assets: Add lines D2a and D2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D2c 00
D3 Net income or (loss) from rental of nonbusiness assets: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D3 00
D4 Net capital gain or (loss) from sale or exchange of nonbusiness assets utilized for production of
nonbusiness income: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D4 00
D5 Other income or (loss) directly allocable to Arizona: Include schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D5 00
D6 Total: Add lines D1c, D2c, and D3 through D5. Enter the total here and on page 1, line 11 . . . . . . . . . . . . . . . D6 00

ADOR 10336 (21) AZ Form 120 (2021) Page 2 of 5

BIO2AM 01/23/2023 11:11 PM

Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437
SCHEDULE E Apportionment Formula (Multistate Corporations Only)
IMPORTANT: Qualifying air carriers must use Arizona Schedule ACA. COLUMN A COLUMN B COLUMN C
Qualifying multistate service providers must include Arizona Schedule MSP. Total Within Arizona Total Everywhere Ratio Within Arizona
If the "SALES FACTOR ONLY" box on page 1, line E, is checked, completeRound to nearest dollar. Round to nearest dollar. A÷B
only Section E3, Sales Factor, lines a through f. See instructions.
E1 Property Factor - STANDARD APPORTIONMENT ONLY
Value of real and tangible personal property (by averaging the value
of owned property at the beginning and end of the tax period; rented
property at capitalized value).
a Owned Property (at original cost):
1 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Depreciable assets (do not include construction in progress) . . . . . . . . . . . . . .
3 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Other assets (describe):
5 Less: Nonbusiness property (if included in above totals) . . . . . . . . . . . . . . .
6 Total of section a (the sum of lines 1 through 4 less line 5) . . . . . . . . . . . . . . . . 0
b Rented property (capitalize at 8 times net rent paid) . . . . . . . . . . . . . . . . . . . . . 590,120
c Total owned and rented property (Total of section a plus section b). . . . . . 590,120 0.000000
E2 Payroll Factor - STANDARD APPORTIONMENT ONLY
Total wages, salaries, commissions and other compensation to
employees (per federal Form 1120, or payroll reports). . . . . . . . . . . . . . . . . . . . . . . . 961,372 9,385,176 0.102435
E3 Sales Factor
a Sales delivered or shipped to Arizona purchasers . . . . . . . . . . . . . . .
b Sales from services or from designated intangibles for qualifying
multistate service providers only (see instructions; include

DRAFT
Schedule MSP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c Other gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d Total sales and other gross receipts. (the sum of lines a through c) . . . . .
e Weight AZ sales: (STANDARD × 2; SALES FACTOR ONLY × 1) . . . . . . . .
454,167
454,167
×2 OR ×1
17,089,531
f Sales Factor Only (for Column A, multiply line d by line e; for
Column B, enter the amount from line d; for Column C, divide
Column A by Column B.) Skip line E4 and line E5
STANDARD Apportionment, continue to E4.
SALES FACTOR ONLY Apportionment, enter the amount from
Column C on page 1, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 908,334 17,089,531 0.053151
E4 STANDARD Apportionment Total Ratio: Add Column C of lines E1c, E2, and E3f. Enter the total. . . . . . . . . . . . . . . . . . . . . 0.155586
E5 Average Apportionment Ratio for STANDARD Apportionment: Divide line E4, Column C, by four (4). Enter the result
on page 1, line 9. (If one of the factors is "0" in both Column A and Column B, see instructions.) . . . . . . . . . . . . . . . . . . . . . . . . . 0.038897
SCHEDULE F Schedule of Tax Payments (Include additional sheets if more space is needed.)
(a) (b) (c) (d) (e)
Payment Estimated Extension
Name of Corporation EIN Date Payment Payment

F1 BIOCATCH INC 81-1320437 04/18/22 00 50 00

F2 00 00

F3 00 00

F4 00 00

F5 00 00

F6 00 00

F7 Total Tax Payments ......................................................................... 00 50 00

ADOR 10336 (21) AZ Form 120 (2021) Page 3 of 5

BIO2AM 01/23/2023 11:11 PM

Name (as shown on page 1) EIN

BIOCATCH INC 81-1320437
SCHEDULE G Other Information
G1 Date business began in Arizona or date income was first derived from Arizona sources: 02/22/2013
G2 Address at which tax records are located for audit purposes:
Number and Street: 12 EAST 49TH STREET , 11TH FLOOR
City: NEW YORK State: NY ZIP Code: 10017
G3 The taxpayer designates the individual listed below as the person to contact to schedule an audit of this return and authorizes the disclosure of
confidential information to this individual. (See instructions.)
Name: GREG STOCKETT Phone Number: 415-722-4075
Title: CFO (Area Code)

G4 List prior taxable years ending in MM/DD/YYYY format for which a federal examination has been finalized:

NOTE: A.R.S. § 43-327 requires the taxpayer, within ninety days after final determination, to report these changes under separate cover to the
Arizona Department of Revenue or to file amended returns reporting these changes. (See instructions.)

G5 List the taxable years ending in MM/DD/YYYY format for which federal examinations are now in progress and final determination of past
examinations is still pending:

G6 List the taxable years ending in MM/DD/YYYY format for which federal waivers of the statute of limitations are in effect and dates on which
waivers expire:
Taxable Year Ending: Waiver Expiration Date:

DRAFT
X
G7 Indicate tax accounting method: Cash Accrual Other (Specify method.)

Multistate taxpayers:
G8 Are the nonbusiness items reported on Schedule C, lines C1 through C5, and/or are the apportionment factor amounts reported on
Schedule E, Column B treated consistently on all state tax returns filed under the Uniform Division of Income for Tax Purposes Act?
X Yes No If "No", the taxpayer must disclose the nature and extent of the variance upon request by the department.

G9 Has the taxpayer changed the way income is apportioned or allocated to Arizona from prior taxable year returns?
Yes X No
If "Yes", include explanation.

The following declaration must be signed by one or more of the following officers: president, treasurer, or any other principal officer.

Declaration Under penalties of perjury, I, the undersigned officer authorized to sign this return, declare that I have examined this return, including
the accompanying schedules and statements, and to the best of my knowledge and belief, it is a true, correct and complete return,
made in good faith, for the taxable year stated pursuant to the income tax laws of the State of Arizona.

CFO
Please OFFICER'S SIGNATURE DATE TITLE
Sign GREG STOCKETT
Here OFFICER'S PRINTED NAME

TRU CHAU 01/23/2023 P00743950

PAID PREPARER'S SIGNATURE DATE PAID PREPARER’S TIN

Paid TRU CHAU

PAID PREPARER'S PRINTED NAME
Preparer's
Use EARLY GROWTH FINANCIAL SERVICES 26-4150644
FIRM'S NAME (OR PAID PREPARER’S NAME, IF SELF-EMPLOYED) FIRM’S EIN
Only
2345 YALE ST 1ST FL 415-234-3437
FIRM'S STREET ADDRESS FIRM’S TELEPHONE NUMBER

PALO ALTO CA 94306

CITY STATE ZIP CODE

This form must be e-filed unless the corporation has a waiver or is exempt from e-filing.
See instructions for details.
ADOR 10336 (21) AZ Form 120 (2021) Page 4 of 5
BIO2AM 01/23/2023 11:11 PM

Form
AZ Net Operating Loss Carryover Worksheet
120 2021
For calendar year 2021, or other tax year beginning , ending
Name Employer ID number

BIOCATCH INC 81-1320437

Prior Year Current Year Next Year
AZ Net Income or NOL Utilized Carryover
Taxable Year (AZ Net Loss) (Income Offset) Carryovers NOL Utilized Carryover
9th
12/31/12
8th
12/31/13
7th
12/31/14
6th
12/31/15
5th
12/31/16
4th
12/31/17
3rd
12/31/18
2nd
12/31/19
1st
12/31/20 -43,040
NOL Carryover Available To Current Year DRAFT 43,040

43,040
4,089 38,951

Current Year
5,111 4,089 0
NOL Carryover Available To Next Year
38,951
BIO2AM BIOCATCH INC 1/23/2023 11:11 PM
81-1320437 Arizona Statements
FYE: 12/31/2021

General Footnote
AMENDED RETURN

DRAFT
BIO2AM 01/23/2023 11:11 PM

Form 1120X Amended U.S. Corporation Income Tax Return

OMB No. 1545-0123
For tax year ending
(Rev. November 2016)
Department of the Treasury
12/2021
........................
Internal Revenue Service u Information about Form 1120X and its instructions is at www.irs.gov/form1120x . (Enter month and year.)
Name Employer identification number
Please BIOCATCH INC 81-1320437
Type Number, street, and room or suite no. If a P.O. box, see instructions.
or 12 EAST 49TH STREET , 11TH FLOOR
Print NEW YORK
City or town, state, and ZIP code NY 10017 Telephone number (optional)
415-722-4075
Enter name and address used on original return. If same as above, write “Same.”

SAME
Internal Revenue Service Center
where original return was filed OGDEN, UT 84201
Fill in applicable items and use Part II on the back to explain any changes
(a) As originally (b) Net change —
Part I Income and Deductions (see instructions) reported or as increase or (decrease) — (c) Correct amount
previously adjusted explain in Part II

1 Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 12,182,613 4,236,410 16,419,023

2 Total deductions ............................................... 2 16,299,444 95,663 16,395,107
3 Taxable income. Subtract line 2 from line 1 .................... 3 -4,116,831 4,140,747 23,916
4 Total tax ....................................................... 4 0 5,022 5,022
Payments and Credits (see instructions)
5a
b
c
Overpayment in prior year allowed as a credit . . . . . . . . . . . . . . . . . .
DRAFT
Estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Refund applied for on Form 4466 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
5b
5c
0
0
0
0
d Subtract line 5c from the sum of lines 5a and 5b . . . . . . . . . . . . . . . 5d 0 0
e Tax deposited with Form 7004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e 0 0
f Credit from Form 2439 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5f 0 0
g Credit for federal tax on fuels and other refundable
credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5g 0 0
6 Tax deposited or paid with (or after) the filing of the original return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Add lines 5d through 6, column (c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

8 Overpayment, if any, as shown on original return or as later adjusted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

9 Subtract line 8 from line 7 .......................................................................................... 9

Tax Due or Overpayment (see instructions)
10 Tax due. Subtract line 9 from line 4, column (c). If paying by check, make it payable to the
"United States Treasury" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 5,022
11 Overpayment. Subtract line 4, column (c), from line 9 ......................................................... 11
12 Enter the amount of line 11 you want: Credited to 20 Estimated tax u Refunded 12
Under penalties of perjury, I declare that I have filed an original return and that I have examined this amended return, including accompanying
schedules and statements, and to the best of my knowledge and belief, this amended return is true, correct, and complete. Declaration of preparer
Sign (other than taxpayer) is based on all information of which preparer has any knowledge.
Here CFO
Signature of officer GREG STOCKETT Date Title
Print/Type preparer's name Preparer's signature Date Check if PTIN
Paid TRU CHAU TRU CHAU 01/23/23 self-employed P00743950
Preparer Firm's name u EARLY GROWTH FINANCIAL SERVICES Firm's EIN u 26-4150644
Use Only Firm's address u 2345 YALE ST 1ST FL
PALO ALTO, CA 94306 Phone no. 415-234-3437
For Paperwork Reduction Act Notice, see instructions. Form 1120X (Rev. 11-2016)
DAA
BIO2AM 01/23/2023 11:11 PM

Form 1120X (Rev. 11-2016) BIOCATCH INC 81-1320437 Page 2

Part II Explanation of Changes to Items in Part I (Enter the line number from Part I for the items you are
changing, and give the reason for each change. Show any computation in detail. Also, see What To Attach
in the instructions.)
If the change is due to a net operating loss carryback, a capital loss carryback, or a general business credit carryback, see
Carryback Claims in the instructions, and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

TAX RETURN IS AMENDED TO REPORT CHANGES IN FINANCIAL STATEMENT.

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DRAFT
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DAA Form 1120X (Rev. 11-2016)

BIO2AM 01/23/2023 11:11 PM

AMENDED RETURN

Form 1120 U.S. Corporation Income Tax Return

For calendar year 2021 or tax year beginning . . . . . . . . . . . . . . . . . . . . . . . . . . , ending . . . . . . . . . . . . . . . . . . . .
OMB No. 1545-0123

Department of the Treasury

Internal Revenue Service
A Check if: Name
u Go to www.irs.gov/Form1120 for instructions and the latest information. 2021
B Employer identification number
1a Consolidated return
(attach Form 851) . . .
BIOCATCH INC 81-1320437
b Life/nonlife consoli-
dated return .... TYPE Number, street, and room or suite no. If a P.O. box, see instructions. C Date incorporated
2 Personal holding co.
(attach Sch. PH) ... OR 12 EAST 49TH STREET , 11TH FLOOR 02/22/2013
3 Personal service corp. PRINT D Total assets (see instructions)
(see instructions) . . . . . City or town, state, or province, country, and ZIP or foreign postal code
4 Schedule M-3 attached . X NEW YORK NY 10017
$ 10,529,555
E Check if: (1) Initial return (2) Final return (3) Name change (4) X Address change
1a Gross receipts or sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 17,089,531
b Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b
c Balance. Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c 17,089,531
2 Cost of goods sold (attach Form 1125-A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 670,508
3 Gross profit. Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 16,419,023
4 Dividends and inclusions (Schedule C, line 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Income

5 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Capital gain net income (attach Schedule D (Form 1120)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Other income (see instructions—attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SEE . . . . . . . . .STMT
. . . . . . . . . .1.... 10 0
11 Total income. Add lines 3 through 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u 11 16,419,023
12 Compensation of officers (see instructions—attach Form 1125-E) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u 12 1,361,000
Deductions (See instructions for limitations on deductions.)

13 Salaries and wages (less employment credits) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 8,024,176

14 Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16
17
18
19
DRAFT
Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Taxes and licenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interest (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Charitable contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
17
18
19
73,765
649,747
50,985
20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) . . . . . . . . 20 38,715
21 Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
23 Pension, profit-sharing, etc., plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
24 Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 955,037
25 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
26 Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SEE . . . . . . . . .STMT
. . . . . . . . . .2.... 26 5,146,019
27 Total deductions. Add lines 12 through 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u 27 16,299,444
28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11 . . . . . 28 119,579
29a Net operating loss deduction (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29a 95,663
b Special deductions (Schedule C, line 24) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29b
c Add lines 29a and 29b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29c 95,663
30 Taxable income. Subtract line 29c from line 28. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 23,916
Tax, Refundable Credits,

31 Total tax (Schedule J, Part I, line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 5,022

32 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
and Payments

32
33 Total payments and credits (Schedule J, Part III, line 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
34 Estimated tax penalty. See instructions. Check if Form 2220 is attached . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u X 34 105
35 Amount owed. If line 33 is smaller than the total of lines 31 and 34, enter amount owed . . . . . . . . . . . . . . . . . . . . . . 35 5,127
36 Overpayment. If line 33 is larger than the total of lines 31 and 34, enter amount overpaid . . . . . . . . . . . . . . . . . . . . . 36
37 Enter amount from line 36 you want: Credited to 2022 estimated tax u Refunded u 37
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledgeMay the IRS discuss this return with the preparer
Sign
and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.shown below? See instructions. Yes No X
CFO
Here Signature of officer GREG STOCKETT Date Title
Print/Type preparer's name Preparer's signature Date PTIN
Check if
Paid TRU CHAU TRU CHAU 01/23/23 self-employed P00743950
Preparer Firm's name u EARLY GROWTH FINANCIAL SERVICES Firm's EIN u 26-4150644
Use Only Firm's address u 2345 YALE ST 1ST FL Phone no.
PALO ALTO, CA 94306 415-234-3437
For Paperwork Reduction Act Notice, see separate instructions. Form 1120 (2021)
DAA
BIO2AM 01/23/2023 11:11 PM

Form 1120 (2021) BIOCATCH INC 81-1320437 Page 2

Schedule C Dividends, Inclusions, and Special Deductions (see (a) Dividends and (b) %
(c) Special deductions
instructions) inclusions (a) x (b)

1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed

stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed
stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
See
instructions
3 Dividends on certain debt-financed stock of domestic and foreign corporations ..................

4 Dividends on certain preferred stock of less-than-20%-owned public utilities . . . . . . . . . . . 23.3

5 Dividends on certain preferred stock of 20%-or-more-owned public utilities ............ 26.7

6 Dividends from less-than-20%-owned foreign corporations and certain FSCs ......... 50

7 Dividends from 20%-or-more-owned foreign corporations and certain FSCs ........... 65

8 Dividends from wholly owned foreign subsidiaries ..................................... 100

See
instructions
9 Subtotal. Add lines 1 through 8. See instructions for limitations . . . . . . . . . . . . . . . . . . . . . . .
10 Dividends from domestic corporations received by a small business investment
company operating under the Small Business Investment Act of 1958 . . . . . . . . . . . . . . . . . 100

11 Dividends from affiliated group members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100

12 Dividends from certain FSCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100

DRAFT
13 Foreign-source portion of dividends received from a specified 10%-owned foreign
corporation (excluding hybrid dividends) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
14 Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or 13
(including any hybrid dividends) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16a Subpart F inclusions derived from the sale by a controlled foreign corporation (CFC) of
the stock of a lower-tier foreign corporation treated as a dividend (attach Form(s) 5471)
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
b Subpart F inclusions derived from hybrid dividends of tiered corporations (attach Form(s)
5471) (see instructions)
c Other inclusions from CFCs under subpart F not included on line 16a, 16b, or 17 (attach
Form(s) 5471) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17 Global Intangible Low-Taxed Income (GILTI) (attach Form(s) 5471 and Form 8992) ...

18 Gross-up for foreign taxes deemed paid ..............................................

19 IC-DISC and former DISC dividends not included on line 1, 2, or 3 ....................

20 Other dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21 Deduction for dividends paid on certain preferred stock of public utilities ..............

22 Section 250 deduction (attach Form 8993) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

23 Total dividends and inclusions. Add column (a), lines 9 through 20. Enter here and on
page 1, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24 Total special deductions. Add column (c), lines 9 through 22. Enter here and on page 1, line 29b .....................
Form 1120 (2021)

DAA
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Form 1120 (2021) BIOCATCH INC 81-1320437 Page 3

Schedule J Tax Computation and Payment (see instructions)
Part I–Tax Computation
1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)). See instructionsu
2 Income tax. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5,022
3 Base erosion minimum tax (attach Form 8991) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5,022
5a Foreign tax credit (attach Form 1118) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a
b Credit from Form 8834 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b
c General business credit (attach Form 3800) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5c
d Credit for prior year minimum tax (attach Form 8827) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5d
e Bond credits from Form 8912 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e
6 Total credits. Add lines 5a through 5e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 0
7 Subtract line 6 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 5,022
8 Personal holding company tax (attach Schedule PH (Form 1120)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9a Recapture of investment credit (attach Form 4255) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a
b Recapture of low-income housing credit (attach Form 8611) . . . . . . . . . . . . . . . . . . . . . . 9b
c Interest due under the look-back method—completed long-term contracts (attach
Form 8697) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9c
d Interest due under the look-back method—income forecast method (attach Form
8866) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9d
e Alternative tax on qualifying shipping activities (attach Form 8902) . . . . . . . . . . . . . . . . 9e
f Interest/tax due under section 453A(c) and/or section 453(l) . . . . . . . . . . . . . . . . . . . . . . 9f
g Other (see instructions—attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9g
10 Total. Add lines 9a through 9g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 5,022
Part II—Reserved For Future Use
12

13
14
DRAFT
Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III–Payments and Refundable Credits
2020 overpayment credited to 2021 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2021 estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12

13
14
15 2021 refund applied for on Form 4466 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 ( )
16 Combine lines 13, 14, and 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Tax deposited with Form 7004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Withholding (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Total payments. Add lines 16, 17, and 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Refundable credits from:
a Form 2439 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20a
b Form 4136 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20b
c Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20c
d Other (attach statement–see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20d
21 Total credits. Add lines 20a through 20d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
23 Total payments and credits. Add lines 19 and 21. Enter here and on page 1, line 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Form 1120 (2021)

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Form 1120 (2021) BIOCATCH INC 81-1320437 Page 4

Schedule K Other Information (see instructions)
1 Check accounting method: a Cash b X Accrual c Other (specify) u . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

2 See the instructions and enter the:

a Business activity code no. u 541990
..............................................................................................................
b Business activity u . . SOFTWARE
.....................................................................................................................
c Product or service u . . SERVICE
...................................................................................................................
3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," enter name and EIN of the parent corporation u . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. ..........................................................................................................................................
4 At the end of the tax year:
a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt
organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the
corporation's stock entitled to vote? If "Yes," complete Part I of Schedule G (Form 1120) (attach Schedule G) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
b Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all
classes of the corporation's stock entitled to vote? If "Yes," complete Part II of Schedule G (Form 1120) (attach Schedule G) . . . . . . . . . . . . . X
5 At the end of the tax year, did the corporation:
a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of
any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive ownership, see instructions. X
If “Yes,” complete (i) through (iv) below.
(ii) Employer (iv) Percentage
(i) Name of Corporation Identification Number (iii) Country of Owned in Voting
(if any) Incorporation Stock

b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic partnership

If "Yes," complete (i) through (iv) below.

(i) Name of Entity

DRAFT
(including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions.

(ii) Employer
Identification Number
(if any)
(iii) Country of
Organization
..

(iv) Maximum
Percentage Owned in
X

Profit, Loss, or Capital

6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in
excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452.
If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.
7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all
classes of the corporation’s stock entitled to vote or at least 25% of the total value of all classes of the corporation’s stock? . . . . . . . . . . . . . . . X
For rules of attribution, see section 318. If "Yes," enter:
(a) Percentage owned u .100.000 .............. and (b) Owner's country u ISRAEL ...................................................................
(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached u . . . . . . 1 ....................................
8 Check this box if the corporation issued publicly offered debt instruments with original issue discount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
9 Enter the amount of tax-exempt interest received or accrued during the tax year u $ . . . . . . . . . . . . . . . . . . . . . . . 0 ..............................
10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) u . . . 1 ........................................................
11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) . . . . . . . . u
If the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached
or the election will not be valid.
12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on
page 1, line 29a.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u $ . . . . . . . . . . .914,952
..............
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Schedule K Other Information (continued from page 4)
13 Are the corporation’s total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end of the Yes No
tax year less than $250,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes,” the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash distributions
and the book value of property distributions (other than cash) made during the tax year u
$ ............................................................
14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," complete and attach Schedule UTP.
15a Did the corporation make any payments in 2021 that would require it to file Form(s) 1099? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
b If “Yes,” did or will the corporation file required Form(s) 1099? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
16 During this tax year, did the corporation have an 80% or more change in ownership, including a change due to redemption of its
own stock? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value)
of its assets in a taxable, non-taxable, or tax deferred transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair
market value of more than $1 million? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
19 During the corporation's tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S
under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
20 Is the corporation operating on a cooperative basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
21 During the tax year, did the corporation pay or accrue any interest or royalty for which the deduction is not allowed under section
267A? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes,” enter the total amount of the disallowed deductions u $ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Does the corporation have gross receipts of at least $500 million in any of the 3 preceding tax years? (See sections 59A(e)(2)
and (3)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes,” complete and attach Form 8991.
23 Did the corporation have an election under section 163(j) for any real property trade or business or any farming business in effect
during the tax year? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
24
a
b DRAFT
Does the corporation satisfy one or more of the following? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense.
The corporation’s aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding the
current tax year are more than $26 million and the corporation has business interest expense.
X

c The corporation is a tax shelter and the corporation has business interest expense.
If “Yes,” complete and attach Form 8990.
25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? X
If “Yes,” enter amount from Form 8996, line 15 . . . . . . . . . . . . u $ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26 Since December 22, 2017, did a foreign corporation directly or indirectly acquire substantially all of the properties held directly or
indirectly by the corporation, and was the ownership percentage (by vote or value) for purposes of section 7874 greater than
50% (for example, the shareholders held more than 50% of the stock of the foreign corporation)? If “Yes,” list the ownership
percentage by vote and by value. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
Percentage: By Vote By Value
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Schedule L Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,537,686 3,017,464
2a Trade notes and accounts receivable . . . . . 1,015,125 106,089
b Less allowance for bad debts . . . . . . . . . . . . . ( ) 1,015,125 ( ) 106,089
3 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 U.S. government obligations . . . . . . . . . . . . . .
5 Tax-exempt securities (see instructions) . .
6 Other current assets (att. stmt.) STMT . . . . . . . . . . .3.. 5,545,631 7,343,293
7 Loans to shareholders . . . . . . . . . . . . . . . . . . . .
8 Mortgage and real estate loans . . . . . . . . . . .
9 Other investments (attach stmt.) . . . . . . . . . . . . .
10a Buildings and other depreciable assets . . . 87,271 125,134
b Less accumulated depreciation . . . . . . . . . . . ( 30,557 ) 56,714 ( 64,075) 61,059
11a Depletable assets . . . . . . . . . . . . . . . . . . . . . . . . .
b Less accumulated depletion . . . . . . . . . . . . . . ( ) ( )
12 Land (net of any amortization) . . . . . . . . . . . .
13a Intangible assets (amortizable only) . . . . . . .
b Less accumulated amortization . . . . . . . . . . . ( ) ( )
14 Other assets (attach stmt.) . . . STMT . . . . . . . . . . .4.. 2,400 1,650
15 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,157,556 10,529,555
Liabilities and Shareholders' Equity
16 Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . 91,722 46,323
17 Mortgages, notes, bonds payable in less than 1 year
18 Other current liabilities (att. stmt.) STMT
. . . . . . . . . . .5
.. 8,226,092 9,629,528
19 Loans from shareholders .................
20
21
22
Mortgages, notes, bonds payable in 1 year or more
Other liabilities (attach statement) . STMT
. . . . . . . . . . .6
Capital stock: a Preferred stock . . . . . . . .
b Common stock . . . . . . . .
..
DRAFT 376,667

23 Additional paid-in capital . . . . . . . . . . . . . . . . . . 310,914 738,991

24 Retained earnings—Appropriated (att. stmt.) . . . . . . . . . . .
25 Retained earnings—Unappropriated ...... -949,028 -543,775
26 STMT 7
Adjustments to SH equity (att. stmt.) . . . . . . . . . . . . . . . . 477,856 281,821
27 Less cost of treasury stock . . . . . . . . . . . . . . . . ( ) ( )
28 Total liabilities and shareholders' equity . . . 8,157,556 10,529,555
Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return
Note: The corporation may be required to file Schedule M-3. See instructions.
1 Net income (loss) per books . . . . . . . . . . . . . . . 405,253 7 Income recorded on books this year
2 Federal income tax per books . . . . . . . . . . . . . not included on this return (itemize):
3 Excess of capital losses over capital gains . Tax-exempt interest $ . . . . . . . . . . . . . . . . . . . . . . . . .
4 Income subject to tax not recorded on books . ..........................................
this year (itemize): . . . . . . . . . . . . . . . . . . . . . . . . . . ..........................................

. .......................................... 8 Deductions on this return not charged

5 Expenses recorded on books this year not against book income this year (itemize):
deducted on this return (itemize): a Depreciation . . . $ . . . . . . . . . . . . . . .5,197
..........
a Depreciation . . . $ . . . . . . . . . . . . . . . . . . . . . . . . . b Charitable
. . . $ . . . . . . . . . . . . . . . ..........
contributions
b Charitable $ ......................... STMT 9 1,826,442
contributions. . . . . . ..........................................
c Travel and
entertainment ..... $ ......................... . .......................................... 1,831,639
.
STMT
. . . . . . . . . 8
. . . . . . . . . . . . . . .1,545,965
.................. 1,545,965 9 Add lines 7 and 8 . . . . . . . . . . . . . . . . . . . . . . . . . . 1,831,639
6 Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . 1,951,218 10 Income (page 1, line 28)—line 6 less line 9 119,579
Schedule M-2 Analysis of Unappropriated Retained Earnings per Books (Schedule L, Line 25)
1 Balance at beginning of year . . . . . . . . . . . . . . -949,028 5 Distributions: a Cash . . . . . . . . . . . . . . . . .
2 Net income (loss) per books . . . . . . . . . . . . . . . 405,253 b Stock . . . . . . . . . . . . . . . . .
3 Other increases (itemize): . . . . . . . . . . . . . . . . . c Property . . . . . . . . . . . . . .
.............................................. 6 Other decreases (itemize): . . . . . . . . . . . . . . . .
.............................................. 7 Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . .
4 Add lines 1, 2, and 3 ...................... -543,775 8 Balance at end of year (line 4 less line 7) . -543,775
Form 1120 (2021)
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Form 1125-A Cost of Goods Sold

(Rev. November 2018) OMB No. 1545-0123
Department of the Treasury u Attach to Form 1120, 1120-C, 1120-F, 1120S, or 1065.
Internal Revenue Service u Go to www.irs.gov/Form1125A for the latest information.
Name Employer identification number
BIOCATCH INC 81-1320437
1 Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Additional section 263A costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Other costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . STMT . . . . . . . . . . .10
... 5 670,508
6 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 670,508
7 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the
appropriate line of your tax return. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 670,508
9a Check all methods used for valuing closing inventory:
(i) Cost
(ii) Lower of cost or market
(iii) Other (Specify method used and attach explanation.) u . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Check if there was a writedown of subnormal goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u
c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) . . . . . . . . . . . . . . . . . . . . . . . . . u
d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed
under LIFO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9d
e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions . . . . . . . . . . . Yes X No
f Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes,"
attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No

DRAFT
For Paperwork Reduction Act Notice, see instructions. Form 1125-A (Rev. 11-2018)

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SCHEDULE G Information on Certain Persons Owning the

(Form 1120) Corporation’s Voting Stock
OMB No. 1545-0123
(Rev. December 2011) u Attach to Form 1120.
Department of the Treasury
Internal Revenue Service u See instructions on page 2.
Name Employer identification number (EIN)

BIOCATCH INC 81-1320437

Part I Certain Entities Owning the Corporation’s Voting Stock. (Form 1120, Schedule K, Question 4a). Complete
columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated
as a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly or
indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote (see
instructions).
(ii) Employer Identification (v) Percentage Owned
(i) Name of Entity (iii) Type of Entity (iv) Country of Organization
Number (if any) in Voting Stock

BIOCATCH LTD FOREIGNUS FOREIGN CORP ISRAEL 100.000

Part II Certain Individuals and Estates Owning the Corporation’s Voting Stock. (Form 1120, Schedule K,

(i) Name of Individual or Estate

DRAFT
Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% or
more, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation's
stock entitled to vote (see instructions).
(ii) Identifying Number
(iii) Country of
Citizenship (see (iv) Percentage Owned
(if any) instructions) in Voting Stock

For Paperwork Reduction Act Notice, Schedule G (Form 1120) (Rev. 12-2011)
see the Instructions for Form 1120.

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SCHEDULE M-3 Net Income (Loss) Reconciliation for Corporations

(Form 1120) With Total Assets of $10 Million or More OMB No. 1545-0123
(Rev. December 2019) u Attach to Form 1120 or 1120-C.
Department of the Treasury
Internal Revenue Service u Go to www.irs.gov/Form1120 for instructions and the latest information.
Name of corporation (common parent, if consolidated return) Employer identification number

BIOCATCH INC 81-1320437

Check applicable box(es): (1) X Non-consolidated return (2) Consolidated return (Form 1120 only)

(3) Mixed 1120/L/PC group (4) Dormant subsidiaries schedule attached

Part I Financial Information and Net Income (Loss) Reconciliation (see instructions)
1a Did the corporation file SEC Form 10-K for its income statement period ending with or within this tax year?
X Yes. Skip lines 1b and 1c and complete lines 2a through 11 with respect to that SEC Form 10-K.
No. Go to line 1b. See instructions if multiple non-tax-basis income statements are prepared.
b Did the corporation prepare a certified audited non-tax-basis income statement for that period?
Yes. Skip line 1c and complete lines 2a through 11 with respect to that income statement.
No. Go to line 1c.
c Did the corporation prepare a non-tax-basis income statement for that period?
Yes. Complete lines 2a through 11 with respect to that income statement.
No. Skip lines 2a through 3c and enter the corporation's net income (loss) per its books and records on line 4a.
2a Enter the income statement period: Beginning 01/01/21 Ending 12/31/21
b Has the corporation's income statement been restated for the income statement period on line 2a?
Yes. (If "Yes," attach an explanation and the amount of each item restated.)
X No.
c Has the corporation's income statement been restated for any of the five income statement periods immediately preceding the period on line 2a?
Yes. (If "Yes," attach an explanation and the amount of each item restated.)
X No.

DRAFT
3a Is any of the corporation's voting common stock publicly traded?
Yes.
X No. If "No," go to line 4a.
b Enter the symbol of the corporation's primary U.S. publicly traded voting common
stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c Enter the nine-digit CUSIP number of the corporation's primary publicly traded voting
common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4a Worldwide consolidated net income (loss) from income statement source identified in Part I, line 1 . . . . . . . . . . . . . . . . . 4a 405,253
b Indicate accounting standard used for line 4a (see instructions):
Other
(1) X GAAP (2) IFRS (3) Statutory (4) Tax-basis (5) (specify)
5a Net income from nonincludible foreign entities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a ( )
b Net loss from nonincludible foreign entities (attach statement and enter as a positive amount) . . . . . . . . . . . . . . . . . . . . . . 5b
6a Net income from nonincludible U.S. entities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a ( )
b Net loss from nonincludible U.S. entities (attach statement and enter as a positive amount) . . . . . . . . . . . . . . . . . . . . . . . . 6b
7a Net income (loss) of other includible foreign disregarded entities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a
b Net income (loss) of other includible U.S. disregarded entities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b
c Net income (loss) of other includible entities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7c
8 Adjustment to eliminations of transactions between includible entities and nonincludible entities (attach
statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Adjustment to reconcile income statement period to tax year (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10a Intercompany dividend adjustments to reconcile to line 11 (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10a
b Other statutory accounting adjustments to reconcile to line 11 (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b
c Other adjustments to reconcile to amount on line 11 (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10c
11 Net income (loss) per income statement of includible corporations. Combine lines 4 through 10 . . . . . . . . . . . . . 11 405,253
Note: Part I, line 11, must equal Part II, line 30, column (a), or Schedule M-1, line 1 (see instructions).
12 Enter the total amount (not just the corporation’s share) of the assets and liabilities of all entities included or removed on the following lines.
Total Assets Total Liabilities
a Included on Part I, line 4 . . . . . . . . . . . . . . . . . . . . . . . u 10,529,555 10,052,518
b Removed on Part I, line 5 . . . . . . . . . . . . . . . . . . . . . . u
c Removed on Part I, line 6 . . . . . . . . . . . . . . . . . . . . . . u
d Included on Part I, line 7 . . . . . . . . . . . . . . . . . . . . . . . u
For Paperwork Reduction Act Notice, see the Instructions for Form 1120. Schedule M-3 (Form 1120) (Rev. 12-2019)
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Form 1125-E Compensation of Officers

OMB No. 1545-0123
(Rev. October 2016) u Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S.
Department of the Treasury
Internal Revenue Service u Information about Form 1125-E and its separate instructions is at www.irs.gov/form1125e.
Name Employer identification number

BIOCATCH INC 81-1320437

Note: Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.
(c) Percent of Percent of stock owned
(b) Social security number time devoted to (f) Amount of
(a) Name of officer
(see instructions) business (d) Common (e) Preferred compensation

1 HOWARD EDELSTEIN 103-46-0247 100.000 % % % 400,000

GREG STOCKETT 551-37-0964 100.000 % % % 576,250

JOSEPH TURITZ 144-66-0608 100.000 % % % 384,750

% % %

% % %

% % %

% % %

% % %

DRAFT %

%
%

%
%

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

2 Total compensation of officers ........................................................................................ 2 1,361,000

3 Compensation of officers claimed on Form 1125-A or elsewhere on return ............................................

3

4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the
appropriate line of your tax return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 1,361,000
For Paperwork Reduction Act Notice, see separate instructions. Form 1125-E (Rev. 10-2016)

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Form 2220 Underpayment of Estimated Tax by Corporations OMB No. 1545-0123

Department of the Treasury

Internal Revenue Service
u Attach to the corporation’s tax return.
uGo to www.irs.gov/Form2220 for instructions and the latest information.
2021
Name Employer identification number

BIOCATCH INC 81-1320437

Note: Generally, the corporation is not required to file Form 2220 (see Part II below for exceptions) because the IRS will figure any penalty
owed and bill the corporation. However, the corporation may still use Form 2220 to figure the penalty. If so, enter the amount from page 2, line
38, on the estimated tax penalty line of the corporation's income tax return, but do not attach Form 2220.
Part I Required Annual Payment

1 Total tax (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5,022

2a Personal holding company tax (Schedule PH (Form 1120), line 26) included on line 1 2a
b Look-back interest included on line 1 under section 460(b)(2) for completed long-term
contracts or section 167(g) for depreciation under the income forecast method . . . . 2b
c Credit for federal tax paid on fuels (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c
d Total. Add lines 2a through 2c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d
3 Subtract line 2d from line 1. If the result is less than $500, do not complete or file this form. The corporation
does not owe the penalty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5,022
4 Enter the tax shown on the corporation’s 2020 income tax return. See instructions. Caution: If the tax is zero or
the tax year was for less than 12 months, skip this line and enter the amount from line 3 on line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . NOT APPLICABLE 4
5 Required annual payment. Enter the smaller of line 3 or line 4. If the corporation is required to skip line 4, enter
the amount from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5,022
Part II Reasons for Filing—Check the boxes below that apply. If any boxes are checked, the corporation must file
Form 2220 even if it does not owe a penalty. See instructions.
6 The corporation is using the adjusted seasonal installment method.
7 The corporation is using the annualized income installment method.
8
Part III Figuring the Underpayment
DRAFT
The corporation is a “large corporation” figuring its first required installment based on the prior year's tax.

(a) (b) (c) (d)

9 Installment due dates. Enter in columns (a) through (d) the 15th day
of the 4th (Form 990-PF filers: Use 5th month), 6th, 9th, and 12th
months of the corporation's tax year. . . . . . . . . . . . . . . . . . . . . . . . . 9 04/15/21 06/15/21 09/15/21 12/15/21
10 Required installments. If the box on line 6 and/or line 7 above is
checked, enter the amounts from Schedule A, line 38. If the box on
line 8 (but not 6 or 7) is checked, see instructions for the amounts to
enter. If none of these boxes are checked, enter 25% (0.25) of line 5
above in each column . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 1,256 1,255 1,256 1,255
11 Estimated tax paid or credited for each period. For column (a) only,
enter the amount from line 11 on line 15. See instructions . . . . . . . . . . 11
Complete lines 12 through 18 of one column before going to the
next column.

12 Enter amount, if any, from line 18 of the preceding column . . . . . . . . . 12

13 Add lines 11 and 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Add amounts on lines 16 and 17 of the preceding column . . . . . . . . . 14 1,256 2,511 3,767
15 Subtract line 14 from line 13. If zero or less, enter -0- . . . . . . . . . . . . 15 0 0 0 0
16 If the amount on line 15 is zero, subtract line 13 from line 14.
Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 1,256 2,511
17 Underpayment. If line 15 is less than or equal to line 10, subtract line
15 from line 10. Then go to line 12 of the next column. Otherwise, go
to line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 1,256 1,255 1,256 1,255
18 Overpayment. If line 10 is less than line 15, subtract line 10 from line
15. Then go to line 12 of the next column . . . . . . . . . . . . . . . . . . . . . 18
Go to Part IV on page 2 to figure the penalty. Do not go to Part IV if there are no entries on line 17—no penalty is owed.
For Paperwork Reduction Act Notice, see separate instructions. Form 2220 (2021)

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Form 2220 (2021) BIOCATCH INC 81-1320437 Page 2

Part IV Figuring the Penalty
(a) (b) (c) (d)
19 Enter the date of payment or the 15th day of the 4th month after
the close of the tax year, whichever is earlier. (C corporations with
tax years ending June 30 and S corporations: Use 3rd month
instead of 4th month. Form 990-PF and Form 990-T filers: Use 5th
month instead of 4th month.) See instructions . . . . . . . . . . . . . . . . . 19 SEE WORKSHEET
20 Number of days from due date of installment on line 9 to the date
shown on line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21 Number of days on line 20 after 4/15/2021 and before 7/1/2021 21

Number of days on line 21
22 Underpayment on line 17 x 365 x 3% (0.03) 22 $ $ $ $

23 Number of days on line 20 after 6/30/2021 and before 10/1/2021 23

Number of days on line 23
24 Underpayment on line 17 x 365 x 3% (0.03) 24 $ $ $ $

25 Number of days on line 20 after 9/30/2021 and before 1/1/2022 25

Number of days on line 25
26 Underpayment on line 17 x 365 x 3% (0.03) 26 $ $ $ $

27 Number of days on line 20 after 12/31/2021 and before 4/1/2022 27

Number of days on line 27
28 Underpayment on line 17 x 365 × 3% (0.03) 28 $ $ $ $

29

30
Number of days on line 20 after 3/31/2022 and before 7/1/2022

Underpayment on line 17 x
Number of days on line 29
365 x *% DRAFT
29

30 $ $ $ $

31 Number of days on line 20 after 6/30/2022 and before 10/1/2022 31

Number of days on line 31
32 Underpayment on line 17 x 365 x *% 32 $ $ $ $

33 Number of days on line 20 after 9/30/2022 and before 1/1/2023 33

Number of days on line 33
34 Underpayment on line 17 x 365 x *% 34 $ $ $ $

35 Number of days on line 20 after 12/31/2022 and before 3/16/2023 35

Number of days on line 35
36 Underpayment on line 17 x 365 x *% 36 $ $ $ $

37 Add lines 22, 24, 26, 28, 30, 32, 34, and 36 . . . . . . . . . . . . . . . . . . 37 $ $ $ $

38 Penalty. Add columns (a) through (d) of line 37. Enter the total here and on Form 1120, line 34; or the comparable
line for other income tax returns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 $ 105
*Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter.
These rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. To obtain this
information on the Internet, access the IRS website at www.irs.gov. You can also call 1-800-829-4933 to get interest rate
information.
Form 2220 (2021)

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Underpayment of Estimated Tax by Corporations Worksheet

Form 2220 2021
For calendar year 2021 or tax year beginning , ending
Name Employer Identification Number

BIOCATCH INC 81-1320437

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Due date of estimated payment 04/15/21 06/15/21 09/15/21 12/15/21
Amount of underpayment 1,256 1,255 1,256 1,255
Withholding
1st Pymt 2nd Pymt 3rd Pymt 4th Pymt 5th Pymt
Date of payment
Amount of payment

QTR FROM TO UNDERPAYMENT DAYS RATE PENALTY

--- ---------- ---------- -------------- ----- ------- -------------
1 4/15/21 3/31/22 1,256 350 3.00 36
1 3/31/22 4/15/22 1,256 15 4.00 2
2 6/15/21 3/31/22 1,255 289 3.00 30
2 3/31/22 4/15/22 1,255 15 4.00 2
3 9/15/21 3/31/22 1,256 197 3.00 20
3 3/31/22 4/15/22 1,256 15 4.00 2
4 12/15/21 3/31/22 1,255 106 3.00 11
4 3/31/22 4/15/22 1,255 15 4.00 2
--- ---------- ---------- -------------- ----- ------- -------------
TOTAL PENALTY 105

DRAFT ============
BIO2AM 01/23/2023 11:11 PM

Depreciation and Amortization

Form 4562 (Including Information on Listed Property)
OMB No. 1545-0172

2021
Department of the Treasury
u Attach to your tax return.
Attachment
Internal Revenue Service (99) u Go to www.irs.gov/Form4562 for instructions and the latest information. Sequence No. 179
Name(s) shown on return Identifying number
BIOCATCH INC 81-1320437
Business or activity to which this form relates
REGULAR DEPRECIATION
Part I Election To Expense Certain Property Under Section 179
Note: If you have any listed property, complete Part V before you complete Part I.
1 Maximum amount (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1,050,000
2 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2,620,000
4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately, see instructions ...... 5
6 (a) Description of property (b) Cost (business use only) (c) Elected cost

7 Listed property. Enter the amount from line 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Tentative deduction. Enter the smaller of line 5 or line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Carryover of disallowed deduction from line 13 of your 2020 Form 4562 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions . . 11
12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Carryover of disallowed deduction to 2022. Add lines 9 and 10, less line 12 . . . . . . . . . . 13
Note: Don't use Part II or Part III below for listed property. Instead, use Part V.
Part II Special Depreciation Allowance and Other Depreciation (Don’t include listed property. See instructions.)
14

15
16
DRAFT
Special depreciation allowance for qualified property (other than listed property) placed in service
during the tax year. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Property subject to section 168(f)(1) election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other depreciation (including ACRS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
15
16
37,864
555
Part III MACRS Depreciation (Don’t include listed property. See instructions.)
Section A
17 MACRS deductions for assets placed in service in tax years beginning before 2021 ............................... 17 296
18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here . . . . . . . u
Section B—Assets Placed in Service During 2021 Tax Year Using the General Depreciation System
(b) Month and year (c) Basis for depreciation (d) Recovery
(a) Classification of property placed in (business/investment use (e) Convention (f) Method (g) Depreciation deduction
service only–see instructions) period

19a 3-year property

b 5-year property
c 7-year property
d 10-year property
e 15-year property
f 20-year property
g 25-year property S/L 25 yrs.
h Residential rental MM S/L 27.5 yrs.
property MM S/L 27.5 yrs.
i Nonresidential real MM S/L 39 yrs.
property MM S/L
Section C—Assets Placed in Service During 2021 Tax Year Using the Alternative Depreciation System
20a Class life S/L
b 12-year 12 yrs. S/L
c 30-year 30 yrs. MM S/L
d 40-year 40 yrs. MM S/L
Part IV Summary (See instructions.)
21 Listed property. Enter amount from line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter
here and on the appropriate lines of your return. Partnerships and S corporations—see instructions . . . . . . . . . . . . . . . 22 38,715
23 For assets shown above and placed in service during the current year, enter the
portion of the basis attributable to section 263A costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
For Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2021)
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BIO2AM 01/23/2023 11:11 PM

Form 5472 Information Return of a 25% Foreign-Owned U.S. Corporation or a

Foreign Corporation Engaged in a U.S. Trade or Business
(Rev. December 2021)
(Under Sections 6038A and 6038C of the Internal Revenue Code) OMB No. 1545-0123
„ Go to at www.irs.gov/Form5472 for instructions and the latest information.
Department of the Treasury 01/01/21 12/31/21
For tax year of the reporting corporation beginning . . . . . . . . . . . . . . . . . . . . , and ending . . . . . . . . . . . . . . . . . . .
Internal Revenue Service Note: Enter all information in English and money items in U.S. dollars.
Part I Reporting Corporation (see instructions). All reporting corporations must complete Part I.
1a Name of reporting corporation 1b Employer identification number
BIOCATCH INC 81-1320437
Number, street, and room or suite no. (if a P.O. box, see instructions) 1c Total assets
12 EAST 49TH STREET , 11TH FLOOR
City or town, state, and ZIP code (if a foreign address, see instructions)
NEW YORK NY 10017
$ 10,529,555
1d Principal business activity „ SOFTWARE 1e Principal business activity code „ 541990
1f Total value of gross payments made or received 1g Total number of Forms 5472 1h Total value of gross payments made or received
reported on this Form 5472. See instructions. filed for the tax year reported on all Form 5472. See instructions.
$ 5,575,873 1 $ 5,575,873
1i Check here if this is a consolidated filing 1j Check here if this is the initial year for 1k Total numbers of Part VIII 1l Country of incorporation
of Form 5472 . . . . . . . . . . „ which the U.S. reporting corporation attached to Form 5472 USA
is filing a Form 5472 . . . . . . . . . . . „
1m Date of incorporation 1n Country(ies) under whose laws the reporting corporation files an income tax return as a resident 1o Principal country(ies) where business is conducted
02/22/2013 USA USA
2 Check here if, at any time during the tax year, any foreign person owned, directly or indirectly, at least 50% of (a) the total voting power of all
classes of the stock of the reporting corporation entitled to vote, or (b) the total value of all classes of stock of the reporting corporation „X
3 Check here if the reporting corporation is a foreign-owned domestic disregarded entity (foreign-owned U.S. DE) treated as a corporation for
purposes of section 6038A. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . „
Part II 25% Foreign Shareholder (see instructions)
Check here if any direct (or ultimate indirect) 25% foreign shareholder listed in Part II is a surrogate foreign

DRAFT
corporation under section 7874(a)(2)(B). „
4a Name and address of direct 25% foreign shareholder 4b(1) U.S. identifying number, if any
FOREIGNUS
BIOCATCH LTD 4b(2) Reference ID number (see
126 YIGAL ALON instructions)
TEL AVIV . ISRAEL 20437
4b(3) Foreign taxpayer identification 4c Principal country(ies) where 4d Country of citizenship, 4e Country(ies) under whose laws the direct 25% foreign
number (FTIN), if any (see instr.) business is conducted organization, or incorporation shareholder files an income tax return as a resident
ISRAEL ISRAEL ISRAEL
5a Name and address of direct 25% foreign shareholder 5b(1) U.S. identifying number, if any

5b(2) Reference ID number (see

instructions)

5b(3) FTIN, if any 5c Principal country(ies) where 5d Country of citizenship, 5e Country(ies) under whose laws the direct 25% foreign
(see instructions) business is conducted organization, or incorporation shareholder files an income tax return as a resident

6a Name and address of ultimate indirect 25% foreign shareholder 6b(1) U.S. identifying number, if any

6b(2) Reference ID number (see

instructions)

6b(3) FTIN, if any 6c Principal country(ies) where 6d Country of citizenship, 6e Country(ies) under whose laws the ultimate indirect 25% foreign
(see instructions) business is conducted organization, or incorporation shareholder files an income tax return as a resident

7a Name and address of ultimate indirect 25% foreign shareholder 7b(1) U.S. identifying number, if any

7b(2) Reference ID number (see

instructions)

7b(3) FTIN, if any 7c Principal country(ies) where 7d Country of citizenship, 7e Country(ies) under whose laws the ultimate indirect 25% foreign
(see instructions) business is conducted organization, or incorporation shareholder files an income tax return as a resident

For Paperwork Reduction Act Notice, see instructions. Form 5472 (Rev. 12-2021)
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Form 5472 (Rev. 12-2021) BIOCATCH INC 81-1320437 Page 2

Part III Related Party (see instructions). All reporting corporations must complete this question and the rest of Part III.
Check applicable box: Is the related party a X foreign person or U.S. person?
8a Name and address of related party 8b(1) U.S. identifying number, if any
BIOCATCH LTD FOREIGNUS
126 YIGAL ALON 8b(2) Reference ID number (see instr.)
TEL AVIV ISRAEL 20437
8c Principal business activity „ SOFTWARE SERVICE 8b(3) FTIN, if any (see instructions)

8d Principal business activity code„ 541990

8e Relationship–Check boxes that apply: Related to reporting corporation Related to 25% foreign shareholder X 25% foreign shareholder
8f Principal country(ies) where business is conducted 8g Country(ies) under whose laws the related party files an income tax return as a resident
ISRAEL ISRAEL
Part IV Monetary Transactions Between Reporting Corporations and Foreign Related Party (see instructions)
Caution: Part IV must be completed if the "foreign person" box is checked in the heading for Part III.
If estimates are used, check here„
9 Sales of stock in trade (inventory) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Sales of tangible property other than stock in trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Platform contribution transaction payments received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 Cost sharing transaction payments received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13a Rents received (for other than intangible property rights) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13a
b Royalties received (for other than intangible property rights) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13b
14 Sales, leases, licenses, etc., of intangible property rights (for example, patents, trademarks, secret formulas) . . . . . . . 14
15 Consideration received for technical, managerial, engineering, construction, scientific, or like services . . . . . . . . . . . . . . 15
16 Commissions received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Amounts borrowed (see instructions) a Beginning balance b Ending balance or monthly average „ . 17
18 Interest received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

DRAFT
19 Premiums received for insurance or reinsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20 Loan guarantee fees received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21 Other amounts received (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Total. Combine amounts on lines 9 through 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
20
21
22 0
23 Purchases of stock in trade (inventory) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
24 Purchases of tangible property other than stock in trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
25 Platform contribution transaction payments paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
26 Cost sharing transaction payments paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
27a Rents paid (for other than intangible property rights) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27a
b Royalties paid (for other than intangible property rights) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27b
28 Purchases, leases, licenses, etc., of intangible property rights (for example, patents, trademarks, secret formulas) . . 28
29 Consideration paid for technical, managerial, engineering, construction, scientific, or like services . . . . . . . . . . . . . . . . . . . 29
30 Commissions paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
31 Amounts loaned (see instructions) a Beginning balance 29,545 b Ending balance or monthly average „ . 31b 5,575,873
32 Interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
33 Premiums paid for insurance or reinsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
34 Loan guarantee fees paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
35 Other amounts paid (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
36 Total. Combine amounts on lines 23 through 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 5,575,873
Part V Reportable Transactions of a Reporting Corporation That is a Foreign-Owned U.S. DE (see instructions)
Describe on an attached separate sheet any other transaction as defined by Regulations section 1.482-1(i)(7),
such as amounts paid or received in connection with the formation, dissolution, acquisition and disposition
„
of the entity, including contributions to and distributions from the entity, and check here.
Part VI Nonmonetary and Less-Than-Full Consideration Transactions Between the Reporting Corporation
and the Foreign Related Party (see instructions)
Describe these transactions on an attached separate sheet and check here. „
Form 5472 (Rev. 12-2021)

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Form 5472 (Rev. 12-2021) BIOCATCH INC 81-1320437 Page 3

Part VII Additional Information. All reporting corporations must complete Part VII.
37 Does the reporting corporation import goods from a foreign related party? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
38a If “Yes,” is the basis or inventory cost of the goods valued at greater than the customs value of the imported goods? . . Yes No
b If “Yes,” attach a statement explaining the reason or reasons for such difference.
c If the answers to questions 37 and 38a are “Yes,” were the documents used to support this treatment of the imported
goods in existence and available in the United States at the time of filing Form 5472? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
39 During the tax year, was the foreign parent corporation a participant in any cost sharing arrangement (CSA)? . . . . . . . . . Yes X No
40a During the tax year, did the reporting corporation pay or accrue any interest or royalty for which the deduction is not
allowed under section 267A? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
b If “Yes,” enter the total amount of the disallowed deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
41a Does the reporting corporation claim a foreign-derived intangible income (FDII) deduction (under section 250) with respect
to amounts listed in Part IV? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
b If “Yes,” enter the amount of gross income derived from sales, leases, exchanges, or other dispositions (but not licenses)
of property to the foreign related party that the reporting corporation included in its computation of foreign-derived
deduction eligible income (FDDEI). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
c If “Yes,” enter the amount of gross income derived from a license of property to the foreign related party that the reporting
corporation included in its computation of FDDEI. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
d If “Yes,” enter the amount of gross income derived from services provided to the foreign related party that the reporting
corporation included in its computation of FDDEI. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
42 Did the reporting corporation have any loan to or from the related party, to which the safe-haven rate rules of Regulations
section 1.482-2(a)(2)(iii)(B) are applicable, and for which the reporting corporation used a rate of interest within the safe-
haven range of Regulations section 1.482-2(a)(2)(iii)(B)(1) (100% to 130% of the AFR for the relevant term)? . . . . . . . . . Yes X No
43a Did the reporting corporation make at least one distribution or acquisition (as defined by Regulations section 1.385-3)
during the tax year or, during the period beginning 36 months before the date of the respective acquisition or distribution
and ending 36 months afterward, did the reporting corporation issue or refinance indebtedness owed to a related party? Yes X No
b If the answer to question 43a is “Yes,” provide the following.
(1) The amount of such distribution(s) and acquisition(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

Part VIII Cost Sharing Arrangement (CSA) DRAFT

(2) The amount of such related party indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

Note: Complete a separate Part VIII for each CSA in which the reporting corporation was a participant during the tax year. Report all amounts in U.S.
dollars. (See instructions.)
44 Provide a brief description of the CSA with respect to which this Part VIII is being completed.

45 During the course of the tax year, did the reporting corporation become a participant in the CSA? . . . . . . . . . . . . . . . . . . . Yes No
46 Was the CSA in effect before January 5, 2009? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
47 What was the reporting corporation’s share of reasonably anticipated benefits for the CSA? . . . . . . . . . . . . . . . . . . . . . . . . . %
48a Enter the total amount of stock-based compensation deductions claimed by the reporting corporation . . . . . . . . . . . . . . . $
b Enter the total amount of deductions for the tax year for stock-based compensation that was granted during the term of the CSA
and, at date of grant, is directly identified with, or reasonably allocable to, the intangible development activity under the CSA . . . . . . . . $
c Was there any stock-based compensation granted during the term of the CSA to individuals who performed functions in
business activities that generate cost shared intangibles that was not treated as directly identified with, or reasonably
allocable to, the intangible development activity? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
49a Enter the total amount of intangible development costs for the CSA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
b Enter the amount of intangible development costs allocable to the reporting corporation based on the reporting corporation’s
reasonably anticipated benefits share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
Part IX Base Erosion Payments and Base Erosion Tax Benefits Under Section 59A (see instructions)
50 Amounts defined as base erosion payments under section 59A(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
51 Amount of base erosion tax benefits under section 59A(c)(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
52 Amounts of total qualified derivative payments as described in section 59A(h) made by the reporting corporation . . . . $
53 Reserved for future use ...........................................................................................

Form 5472 (Rev. 12-2021)

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Net Operating Loss Carryover Worksheet

Form 1120 2021
For calendar year 2021 or tax year beginning , ending
Name Employer Identification Number

BIOCATCH INC 81-1320437

Prior Year Current Year Next Year
Income Offset By
Preceding Adj. To NOL NOL Utilized NOL Carryback/
Carryover
Taxable Year Inc/(Loss) After Adj. (Income Offset) Carryovers NOL Utilized Carryover
20th
12/31/01
19th
12/31/02
18th
12/31/03
17th
12/31/04
16th
12/31/05
15th
12/31/06
14th
12/31/07
13th
12/31/08
12th
12/31/09
11th
12/31/10
10th
DRAFT
12/31/11
9th
12/31/12
8th
12/31/13
7th
12/31/14
6th
12/31/15
5th
12/31/16
4th
12/31/17
3rd
12/31/18
2nd
12/31/19
1st
12/31/20 -914,952 914,952 95,663 819,289
NOL Carryover Available To Current Year 914,952
Current Year
0
119,579 95,663 0
NOL Carryover Available To Next Year 819,289
Aggregate amount of NOL arising in taxable years beginning before 1/1/18 (Pre TCJA NOL)
Aggregate amount of NOL arising in taxable years beginning after 12/31/17 (Post TCJA NOL) 914,952
BIO2AM BIOCATCH INC 1/23/2023 11:11 PM
81-1320437 Federal Statements
FYE: 12/31/2021

Statement 1 - Form 1120, Page 1, Line 10 - Other Income

Description Amount
EXCHANGE GAIN $
TOTAL $ 0

Statement 2 - Form 1120, Page 1, Line 26 - Other Deductions

Description Amount
BANK CHARGES $ 4,540
COMMISSIONS 1,180,154
INSURANCE 28,833
LEGAL AND PROFESSIONAL 533,660
OFFICE EXPENSES 55,282
OUTSIDE SERVICES 607,050
TELEPHONE 815
TRAVEL 219,561
EXCHANGE GAIN/LOSS 6,669
TRAINING 74,286
MARKETING 1,127,088
PAYROLL SERVICE 112,528
SEVERANCE
CONSULTING 41,078
SEMINARS
RECRUITING
SW
ACCOUNITNG
DUES & SUBCRIPTIONS
DRAFT 107,400
669,835
300,523
66,269
1,547
100% OF MEALS 8,901
TOTAL $ 5,146,019

Statement 3 - Form 1120, Page 6, Schedule L, Line 6 - Other Current Assets

Beginning End
Description of Year of Year
PREPAID EXPENSES $ 300,142 $ 1,616,919
INTERCOMPANY REVEIVABLE 4,322,229 5,575,873
ACCRUED REVENUE 10,000 114,201
PREPAID COMMISSION 913,260
TAX RECEIVABLE 36,300
TOTAL $ 5,545,631 $ 7,343,293

Statement 4 - Form 1120, Page 6, Schedule L, Line 14 - Other Assets

Beginning End
Description of Year of Year
SECURITY DEPOSITS $ 2,400 $ 1,650
TOTAL $ 2,400 $ 1,650

1-4
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81-1320437 Federal Statements
FYE: 12/31/2021

Statement 5 - Form 1120, Page 6, Schedule L, Line 18 - Other Current Liabilities

Beginning End
Description of Year of Year
STATE TAX PAYABLE $ -892 $
ACCRUED BONUS 829,905 1,509,275
DEFERRED REVENUE 3,990,074 5,940,179
ACCRUED EXPENSES 1,463,900 1,469,268
ADVANCE FROM CUSTOMER 1,114,875
ACCRUED COMMISSION 592,903 546,405
PAYROLL TAX PAYABLE 235,327 117,664
SALES TAX PAYABLE 46,737
TOTAL $ 8,226,092 $ 9,629,528

Statement 6 - Form 1120, Page 6, Schedule L, Line 21 - Other Liabilities

Beginning End
Description of Year of Year
DEFERRED REVENUE - LT $ $ 376,667
TOTAL $ 0 $ 376,667

Description
DRAFT
Statement 7 - Form 1120, Page 6, Schedule L, Line 26 - Adjustments to Shareholders' Equity
Beginning
of Year
End
of Year
PRIOR PERIOD ADJUSTMENT $ 477,856 $ 281,821
TOTAL $ 477,856 $ 281,821

Statement 8 - Form 1120, Page 6, Schedule M-1, Line 5 - Expenses on Books Not on Return
Description Amount
ACCRUED EXPENSES - CY $ 50,000
ACCURED TAX EXPENSES - CY 1,263,924
ESOP 232,041
TOTAL $ 1,545,965

Statement 9 - Form 1120, Page 6, Schedule M-1, Line 8 - Deductions on Return Not on Books
Description Amount
ACCRUED COMMISSION $ 432,929
ACCRUED BONUS - PY 2,089
ACCRUED EXPENSES - PY 127,500
ACCRUED TAX EXPENSE - PY 1,263,924
TOTAL $ 1,826,442

5-9
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81-1320437 Federal Statements
FYE: 12/31/2021

Statement 10 - Form 1125-A, Line 5 - Other Costs

Description Amount
COGS $ 670,508
TOTAL $ 670,508

DRAFT

10
Year Ending: December 31, 2021 81-1320437

BIOCATCH INC
12 East 49th Street , 11th Floor
NEW YORK, NY 10017

Section 1.263(a)-1(f) De Minimis Safe Harbor Election

Under Regulation 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimis safe harbor
election to all qualifying property placed in service during the tax year.
Year Ending: December 31, 2021 81-1320437

BIOCATCH INC
12 East 49th Street , 11th Floor
NEW YORK, NY 10017

Recurring Item Election

Under IRC Regulation 1.461-5(d), the taxpayer elects to adopt the recurring items exception.
This election applies to all business activities conducted by the taxpayer. It applies to all
recurring items in this return or any recurring items that may be incurred in the future including
prizes, awards, jackpots, insurance, warranty and service contracts and all taxes.
 BIO2AM BIOCATCH INC 01/23/2023 11:11 PM
81-1320437 AZ Asset Report
FYE: 12/31/2021 Form 1120, Page 1

Date Basis AZ AZ Federal Difference

Asset Description In Service Cost for Depr Prior Current Current Fed - AZ

5-year GDS Property:

5 EQUIPMENTS 6/30/21 37,864 37,864 0 7,573 37,864 30,291
37,864 37,864 0 7,573 37,864 30,291

Prior MACRS:
1 equipment 1/01/17 2,178 2,178 1,802 251 296 45
3 equipment 7/01/19 31,340 31,340 16,297 6,017 0 -6,017
4 equipment 7/01/20 48,204 48,204 9,641 15,425 0 -15,425
81,722 81,722 27,740 21,693 296 -21,397

Other Depreciation:
2 equipment 7/01/18 5,549 5,549 1,387 555 555 0
Total Other Depreciation 5,549 5,549 1,387 555 555 0

Total ACRS and Other Depreciation 5,549 5,549 1,387 555 555 0

Grand Totals 125,135 125,135 29,127 29,821 38,715 8,894

Less: Dispositions 0 0 0 0 0 0
Less: Start-up/Org Expense 0 0 0 0 0 0
Net Grand Totals 125,135 125,135 29,127 29,821 38,715 8,894

DRAFT
 BIO2AM BIOCATCH INC 01/23/2023 11:11 PM
81-1320437 AZ Future Depreciation Report FYE: 12/31/22
FYE: 12/31/2021 Form 1120, Page 1

Date In
Asset Description Service Cost AZ

Prior MACRS:
1 equipment 1/01/17 2,178 125
3 equipment 7/01/19 31,340 3,610
4 equipment 7/01/20 48,204 9,255
5 EQUIPMENTS 6/30/21 37,864 12,116
119,586 25,106

Other Depreciation:
2 equipment 7/01/18 5,549 555
Total Other Depreciation 5,549 555

Total ACRS and Other Depreciation 5,549 555

Grand Totals 125,135 25,661

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BIO2AM 01/23/2023 11:11 PM

AZ Electronic Filing - PDF Attachment Worksheet

Form 120/ 2021
120S For the taxable year beginning , and ending
Name Federal Employer Identification Number
BIOCATCH INC 81-1320437
Title Attachment Source Proforma
AUTOMATICALLY ATTACHED TO RETURN
NOLSCH.PDF NOLSCH

GENERALFOOTNOTE.PDF GENERALFOOTNOTE

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