13 unchanged sentences
which could negatively impact the Company’s liquidity and working capital.
−Removed: of March 31, 2025, the Vivos Group’s outstanding Notes Receivable obligation was $5,973.
−Removed: However, the composition of Vivos Group
−Removed: assets available to settle this obligation remains uncertain.
−Removed: Management anticipates that common stock will be used to satisfy the initial
−Removed: portion of the overall liability.
−Removed: With awarded legal fees and the fraud award of $1,000, the total liability as of March 31, 2025, was
−Removed: Federal agency budget reviews and directives,
−Removed: including those issued by the Department of Government Efficiency (“DOGE”), may adversely impact our business.
−Removed: A portion of our revenue is derived from contracts
+Added: of June 30, 2025, the Vivos Group’s outstanding Notes Receivable obligation was $6,100.
+Added: However, the composition of Vivos
+Added: Group assets available to settle this obligation remains uncertain.
+Added: Management anticipates that common stock will be used to satisfy
+Added: the initial portion of the overall liability.
+Added: With awarded legal fees and the fraud award of $1,000, the total liability as of June
+Added: 30, 2025 was $8,490.
+Added: agency budget reviews and directives, including those issued by the Department of Government Efficiency (“DOGE”), may adversely
+Added: impact our business.
+Added: portion of our revenue is derived from contracts with U.S.
federal government agencies.
−Removed: Periodic budget reviews, cost-cutting mandates, or efficiency directives, such as those issued
−Removed: by the Department of Government Efficiency (DOGE), can lead to reductions or reallocations in client spending, even if such actions are
−Removed: not formally disclosed to us.
−Removed: Although unconfirmed, we believe a reduction in media-related staffing and spending by one federal agency client in 2025 may have been influenced
−Removed: by DOGE’s identification of those services as non-essential.
−Removed: While the potential revenue impact from this specific instance is not
−Removed: material, the broader implementation of similar directives across federal agencies could materially reduce demand for our services in
−Removed: the public sector.
−Removed: Moreover, the lack of transparency surrounding these decisions increases the difficulty of forecasting and strategic
−Removed: planning within this client segment.
−Removed: Our business may be indirectly affected by the
−Removed: imposition of tariffs or other trade restrictions that impact our clients’ operations and profitability.
−Removed: While our core operations are not directly exposed
−Removed: to international trade or tariff risk, a significant portion of our revenue is derived from media services provided to clients across
−Removed: various industries, some of which rely on global supply chains or imported goods.
−Removed: The imposition or escalation of tariffs, trade barriers,
−Removed: or similar regulatory actions, particularly those affecting cost of goods sold for our clients, may reduce their gross margins and overall
−Removed: profitability.
−Removed: In response, clients may reduce discretionary expenditures, including advertising and media budgets, which could negatively
−Removed: impact our revenues and financial performance.
−Removed: Even perceived uncertainty around future trade policy could lead to more conservative client
−Removed: behavior, affecting campaign timing, spend, or scope.
+Added: Periodic budget reviews, cost-cutting mandates,
+Added: or efficiency directives, such as those issued by the Department of Government Efficiency (DOGE), can lead to reductions or reallocations
+Added: in client spending, even if such actions are not formally disclosed to us.
+Added: Although unconfirmed, we believe a reduction in media-related
+Added: staffing and spending by one federal agency client in 2025 may have been influenced by DOGE’s identification of those services
+Added: as non-essential.
+Added: While the potential revenue impact from this specific instance is not material, the broader implementation of similar
+Added: directives across federal agencies could materially reduce demand for our services in the public sector.
+Added: Moreover, the lack of transparency
+Added: surrounding these decisions increases the difficulty of forecasting and strategic planning within this client segment.
+Added: business may be indirectly affected by the imposition of tariffs or other trade restrictions that impact our clients’ operations
+Added: and profitability.
+Added: our core operations are not directly exposed to international trade or tariff risk, a significant portion of our revenue is derived from
+Added: media services provided to clients across various industries, some of which rely on global supply chains or imported goods.
+Added: The imposition
+Added: or escalation of tariffs, trade barriers, or similar regulatory actions, particularly those affecting cost of goods sold for our clients,
+Added: may reduce their gross margins and overall profitability.
+Added: In response, clients may reduce discretionary expenditures, including advertising
+Added: and media budgets, which could negatively impact our revenues and financial performance.
+Added: Even perceived uncertainty around future trade
+Added: policy could lead to more conservative client behavior, affecting campaign timing, spend, or scope.
+Added: business may be impacted by reductions in federal funding to client programs.
+Added: of our clients receive federal funding to support their operations.
+Added: We have already experienced one instance in which a client significantly
+Added: reduced media spend following the cessation of federal funds.
+Added: Continued or expanded cuts in federal funding may similarly affect other
+Added: client budgets and, in turn, our revenue.
Unregistered Sales of Equity Securities and Use of Proceeds
2 unchanged sentences
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.