Legal Proceedings
−Removed: On September 11, 2023, the Company
−Removed: entered into an agreement with High Impact Analytics, LLC (“High Impact”) whereby the latter would provide sales management
−Removed: and support services in exchange for a variable fee.
−Removed: The agreement contained a provision requiring 30 days’ written notice for “cancellation”,
−Removed: following which High Impact would be entitled to commissions for 120 days thereafter;
−Removed: the agreement also explicitly expired on September
−Removed: 11, 2024 (at which point, by its own terms, it was “no longer in force”), and was not renewed.
−Removed: High Impact demanded continuing
−Removed: variable fee payments on the grounds that the Company had not “cancelled” the agreement, and the Company responded that the
−Removed: agreement expressly terminated on September 11, 2024, such that no cancellation was required.
−Removed: On March 13, 2025, High Impact filed suit
−Removed: in Benton County, Arkansas, alleging that it is entitled to fees in the amount of $500,000, or alternatively treble damages under Ark.
−Removed: On May 1, 2025, the Company reached a settlement agreement to resolve a dispute with High Impact.
−Removed: In connection with the settlement,
−Removed: the Company will pay $210 thousand in Q2 2025.
−Removed: The related amount has been accrued for in the financial statements as of March 31, 2025.
−Removed: Company has become and may become involved in certain lawsuits and legal proceedings which arise in the ordinary course of business,
−Removed: or as the result of current or previous investments, or current or previous subsidiaries, or current or previous employees, or current
−Removed: or previous directors, or as a result of acquisitions and dispositions or other corporate activities.
−Removed: The Company intends to vigorously
−Removed: defend its positions.
−Removed: However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise
−Removed: from time to time that may harm our financial position or our business, and the outcome of these matters cannot be ultimately predicted.
−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: 11, 2023, the Company entered into an agreement with High Impact Analytics, LLC (“High Impact”) whereby the latter would provide
+Added: sales management and support services in exchange for a variable fee.
+Added: The agreement contained a provision requiring 30 days’ written
+Added: notice for “cancellation”, following which High Impact would be entitled to commissions for 120 days thereafter;
+Added: the agreement
+Added: also explicitly expired on September 11, 2024 (at which point, by its own terms, it was “no longer in force”), and was not
+Added: High Impact demanded continuing variable fee payments on the grounds that the Company had not “cancelled” the agreement,
+Added: and the Company responded that the agreement expressly terminated on September 11, 2024, such that no cancellation was required.
+Added: 13, 2025, High Impact filed suit in Benton County, Arkansas, alleging that it is entitled to fees in the amount of $500,000, or alternatively
+Added: treble damages under Ark.
+Added: On May 1, 2025, the Company reached a settlement agreement to resolve a dispute with
+Added: In connection with the settlement, pursuant to which the Company paid $210 thousand in Q2 2025.
+Added: The Company has become and may become involved
+Added: in certain lawsuits and legal proceedings which arise in the ordinary course of business, or as the result of current or previous investments,
+Added: or current or previous subsidiaries, or current or previous employees, or current or previous directors, or as a result of acquisitions
+Added: and dispositions or other corporate activities.
+Added: The Company intends to vigorously defend its positions.
+Added: However, litigation is subject
+Added: to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our financial position
+Added: or our business, and the outcome of these matters cannot be ultimately predicted.
+Added: Unregistered Sales of Equity Securities
+Added: and Use of Proceeds
Defaults Upon Senior Securities
Mine Safety Disclosures
+Added: Not applicable.
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.