Red Flags Detected

• ✓ Going Concern (removed) — Substantial doubt about ability to continue as going concern removed after debt restructuring, equity raises, and divestitures improved liquidity and extended credit facility maturity to 2028.
• ✓ Material Weakness (improved) — Material weaknesses reduced from five COSO components to three (Control Environment, Control Activities, Information & Communication remain ineffective).
• ⚠ Auditor Change (new) — BDO USA replaced Deloitte & Touche as auditor in 2025; both issued adverse opinions on internal controls but auditor change during material weakness period warrants attention.