Red Flags Detected

• ⚠ Going Concern (worsened) — Accumulated deficit increased from $284.7M to $313.4M; auditor cites 'substantial doubt' about ability to continue as going concern despite February 2026 capital raise.
• ⚠ Material Weakness (worsened) — Material weaknesses in accounting personnel, risk assessment, policies/procedures, and IT controls remain unresolved for second consecutive year despite engaging advisory firm.