Red Flags Detected

• ⚠ Going Concern (new) — Company discloses substantial doubt about its ability to continue as a going concern due to insufficient cash and forecasted covenant noncompliance.
• ⚠ Delisting (new) — Company received Nasdaq delisting notice for failing to maintain minimum $1.00 bid price; has until June 29, 2026 to regain compliance.
• ⚠ Covenant Violation (new) — Company forecasts it will violate debt covenants under its Credit Agreement for the remainder of fiscal 2026.
• ⚠ Debt Default (new) — Forecasted covenant violations could trigger cross-default provisions, accelerating $266.9M term loans plus Notes and Second Lien Notes.