In response to these market conditions and lower revenue levels, the Company has implemented and continues to implement various operational initiatives that include cost savings measures.

filing / May 18, 2026 / receipt

These initiatives have included reducing infrastructure expenses, including costs related to our technology platform and underlying network infrastructure, executing workforce reductions and pursuing cash management initiatives to further reduce operating expenses and enhance cash flow.

filing / May 18, 2026 / receipt

Severance costs (5) - 3,815 Adjusted EBITDA $ (22,222) $ 42,060 Net Income (Loss) Margin (555.1) % (4.4) % Adjusted EBITDA Margin (186.5) % 19.0 % (1) Represents operating lease impairment charges, reducing the carrying value of the associated ROU assets and leasehold improvements to their estimated fair values.

filing / May 18, 2026 / receipt

Shanahan was appointed our Chief Financial Officer effective as of October 14, 2024. (2) Reflects actual base salary paid with respect to the applicable fiscal year.

filing / Apr 30, 2026 / receipt

This delivery method is referred to as “householding” and can result in significant cost savings. To take advantage of this opportunity, we have delivered only one (1) set of proxy materials to multiple stockholders who share an address, unless we received contrary instructions from the impacted stockholders prior to the mailing date.

filing / Apr 30, 2026 / receipt