The company dismissed the auditor. not stated → KNAV CPA LLP
No going-concern disclosure → Substantial doubt about ability to continue as a going concern
For the three months ended March 31, 2026, the Company incurred net losses of approximately $4,003 thousand and used approximately $2,210 thousand of cash for operating activities. The Company’s recurring losses and negative operating cash flows raise substantial doubt about its ability to continue as a going concern. Management has implemented plans to address these conditions, including reductions in discretionary spending, optimization of vendor payment terms, enhanced expense governance, and focused collection efforts to accelerate customer payments. The Company will also utilize external…
Material weakness in internal control → Internal control reported effective
The weakness was first reported on 2024-05-24 — 675 days and 2 annual reports before this one.
In making this assessment, management used the criteria set forth in the Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”). Based on this assessment, management concluded that our internal control over financial reporting was effective as of December 31, 2025. Remediation of Prior Year Material Weaknesses In our Annual Report on Form 10-K for the year ended December 31, 2024, we disclosed the following material weaknesses in our…
Early adoption permitted for entities that have adopted the amendments in ASU 2020-06.
No entries in that period.