−Removed: Company leases approximately 8,043 square feet of office space as its executive offices in Golden, Colorado at a cost of approximately
−Removed: $18,130 per month, increasing annually to a maximum of $19,618 for the final six months of the term.
−Removed: The lease term expires July 31,
−Removed: In addition, the Company also leases approximately 2,705 square feet of office space in Little Rock, Arkansas.
−Removed: The lease term continues
−Removed: through and including July 31, 2026 at an expense of approximately $3,000 per month.
−Removed: The Company believes its existing facilities and
−Removed: equipment, which are used, are in good operating condition and are suitable for the conduct of its business.
+Added: Company leases approximately 8,043 square feet of office space for its executive offices located in Golden, Colorado.
+Added: Monthly rent is
+Added: approximately $0.02 million, increasing annually to a maximum of $0.02 million per month for the final six months of the lease term.
+Added: The lease expires June 30, 2029.
+Added: the year ended December 31, 2025, the property owner of the Golden, Colorado facility became subject to a court-appointed receivership.
+Added: Throughout the receivership period, the Company continued to occupy the premises and made all rental payments in accordance with the
+Added: existing lease terms.
+Added: During the fourth quarter of 2025, the receivership process concluded with the sale of the property to a new owner.
+Added: The Company’s lease was assumed by the new property owner, and the lease continues in full force and effect under its existing
+Added: terms and conditions.
+Added: The sale and change in ownership did not result in a lease modification, reassignment, or early termination of
+Added: the lease, and had no material impact on the Company’s operations or financial position.
+Added: No impairment of the related right-of-use
+Added: asset was identified, and no remeasurement of the lease liability was required under ASC 842.
+Added: Company has no other material properties and does not own any real property.
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.