4 unchanged sentences
Commitments and Contingencies in the Notes to Consolidated Financial Statements.
+Added: SEC Settlement
+Added: On April 20, 2026, the Company, its CEO Brett R.
+Added: Larsen, and employee, Nicholas S.
+Added: Fasciana, reached a settlement with the Securities and Exchange Commission (“SEC”) that fully resolves the previously disclosed SEC inquiries related to an internal investigation completed in 2021 arising from a notification from an employee regarding certain alleged accounting irregularities.
+Added: In January 2021, the Company determined that improper accounting resulted in an understatement of cost of goods sold and an overstatement of inventories.
+Added: Subsequent to the matter identified in January 2021, additional inventory accounting errors unrelated to the investigation were also identified by management.
+Added: The investigation did not result in a restatement of the Company’s previously filed financial statements.
+Added: Under the terms of the SEC Order, each of the Company, Mr.
+Added: Larsen, and Mr.
+Added: Fasciana agreed to cease-and-desist from committing or causing any violations or any future violations of Sections 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act, and Mr.
+Added: Fasciana also agreed to cease-and-desist from committing or causing any violations or any future violations of Section 13(b)(5) of the Exchange Act.
+Added: The Company was not required to pay any civil penalty or other payments in connection with the settlement.
Information regarding risk factors appear in Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Item 3, “Quantitative and Qualitative Disclosures about Market Risk” of this Form 10-Q.
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.