Red Flags Detected

• ⚠ Material Weakness (worsened) — Material weaknesses in internal controls persist since 2021; current filing cites acquisition-related accounting issues, though management claims 'small number' remain unremediated versus 'many' in prior year.
• ✓ Going Concern (improved) — Going-concern language removed from MD&A (cash runway extended to year-end 2026 vs. mid-Q2 2025), but Risk Factors section retains substantial doubt disclosure with auditor flag.