Red Flags Detected

• ⚠ Auditor Change (new) — Company switched from Bush & Associates to M&K CPAS for 2025; new auditor identified revenue recognition as critical audit matter while prior auditor reported none.
• ⚠ Asset Impairment (new) — Recorded $1.75M intangible asset impairment (46% of prior balance) after determining certain product licenses could not be commercialized.