1 unchanged sentence
From time to time, the Company is a party to various claims and legal proceedings that arise in the ordinary course of business.
+Added: The outcome of any such claims or proceedings, regardless of the merits, is inherently uncertain and we cannot assure you that their ultimate disposition will not have a material adverse effect on our business, financial condition, cash flows, or results of operations.
Except as discussed below, the Company is not currently a party to any pending or threatened litigation, the outcome of which would be expected to have a material adverse effect on its financial condition, results of operations, or cash flows.
15 unchanged sentences
On or about October 18, 2024, Plaintiff filed her First Amended Complaint (“FAC”), which amended her class complaint to include a cause of action under PAGA, whereby Plaintiff seeks penalties on behalf of the State of California and other similarly situated employees for the period of August 14, 2023, through the present.
−Removed: As of September 11, 2025, no class certification deadline or trial date has been set.
+Added: On October 30, 2025, we executed a memorandum of understanding, pursuant to which the Company agrees to pay, on an all-in and non-reversionary basis, a total settlement amount of $855,000, which has been accrued as of October 31, 2025.
+Added: As of March 16, 2026, no class certification deadline or trial date has been set.
The parties attended private mediation on August 7, 2025.
−Removed: The parties thereafter reached a settlement in principle, for which the parties are currently negotiating a long-form settlement agreement.
−Removed: Any settlement will be subject to Court approval.
−Removed: A case management conference is scheduled for December 19, 2025.
+Added: The parties thereafter reached a settlement agreement, which will be subject to Court approval.
+Added: The Motion for Preliminary Approval of the Settlement is scheduled to be heard in Court on August 7, 2026.
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.