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Latest 10-Q filed 5/15/2026 · Compared against 11/12/2025
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Item 1A. Risk Factors
Except as set forth below in this Item 1A and the Risk Factors included in our previous filings made with the SEC, there have been no material changes to our risk factors from those disclosed in Part I. Item 1A. Risk Factors in the Form 10-K filed with the SEC on March 17, 2026.
Recent changes in executive management may create uncertainties during the Companys transition period
As previously disclosed, on March 23, 2025.6, certain securities previously held by Mr. David E. Lazar were transferred to third-party purchasers pursuant to the terms of the applicable Securities Purchase Agreement. Following these transactions, changes to the Companys executive management occurred, including the resignation of Messrs. Lazar and Jeffrey Meckler from their executive officer positions.
During this transition period, the Company may experience operational, organizational and governance-related adjustments as the current management team continues to evaluate corporate priorities, internal processes and capital allocation initiatives. In addition, there may be further changes to the Companys executive management team in the future. Any such developments could create uncertainties that may adversely affect the Companys business, financial condition and results of operations.