−Removed: are not currently a party to any legal proceedings, and we are not aware of any claims or actions pending or threatened against us.
−Removed: the future, we might from time to time become involved in litigation relating to claims arising from our ordinary course of business.
+Added: than as set forth below, we are not currently a party to any legal proceedings, and we are not aware of any claims or actions pending
+Added: or threatened against us.
+Added: In the future, we might from time to time become involved in litigation relating to claims arising from our
+Added: ordinary course of business.
+Added: Company filed a complaint against COE Bridgewater, LLC (its “Landlord”) in the Superior Court of New Jersey, Somerset County,
+Added: Chancery Division on July 11, 2025 alleging principally that Landlord illegally locked the Company out of its leased premises in Bridgewater,
+Added: As a result of the illegal lockout, the Company seeks (among other things) a declaration that the lease and all obligations
+Added: thereunder, including rent, terminated as of the date of the lockout.
+Added: On September 5, 2025, Landlord filed an answer with counterclaims,
+Added: which it amended on December 12, 2025.
+Added: In the counterclaims, Landlord seeks a declaration that there was no lockout, or that the lockout
+Added: was justified, and therefore the lease remains in effect.
+Added: Landlord also seeks damages for the Company’s alleged failure to pay
+Added: approximately $205,000 in rent (as of December 31, 2025) following the lockout, and alleged conversion of certain furniture, fixtures,
+Added: and equipment (FF&E) items within the premises belonging to Landlord.
+Added: The amounts potentially payable under the lease have been reserved
+Added: until the matter is resolved.
+Added: The Company is currently in settlement negotiations with the Landlord, however there can be no assurance such a settlement
+Added: will be achieved.
Safety Disclosures
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.