1 unchanged sentence
On August 26, 2024, a former software engineer
−Removed: filed an action against the Company in the Superior Court for the County of San Bernardino, State of California alleging wrongful termination
−Removed: and other violations of the California Labor Code.
−Removed: The complaint seeks unspecified economic and non-economic losses, as well as attorneys’
−Removed: The Company is investigating and intends to vigorously defend itself in the foregoing matters.
−Removed: However, litigation and investigations
−Removed: are inherently uncertain.
−Removed: The Company does possess EPLI insurance, and the legal team as selected by the insurance company is currently
−Removed: handling the matter.
−Removed: The Company vigorously disputes these allegations.
+Added: filed an action against Perfecular Inc., a wholly owned subsidiary of the Company, in the Superior Court for the County of San Bernardino,
+Added: State of California alleging wrongful termination and other violations of the California Labor Code.
+Added: The complaint sought unspecified
+Added: economic and non-economic losses, as well as attorneys’ fees.
+Added: On April 25, 2025, the Company and the software engineer entered into
+Added: a confidential settlement agreement which concluded this matter and releases all claims against the Company.
+Added: On October 28, 2024, MGR Real Estate, Inc.
+Added: corporation, filed an action in the Superior Court of the State of California, County of San Bernardino, against the Company and CFO Irving
+Added: The complaint alleged a variety of items including breach of contract and declaratory relief.
+Added: On April 10, 2025, the Company, Mr.
+Added: Kau, and MGR Real Estate, Inc.
+Added: entered into a confidential settlement agreement which concluded this matter and releases all claims against
+Added: The impact has been accounted for in these financial statements.
We are a smaller reporting company as defined
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.