The company failed to file its 2025 Annual Report (Form 10-K) by the April 15, 2026 deadline. Preliminary unaudited 2025 revenue is estimated at $247 million, down from $701 million in 2024. Preliminary 2025 operating loss is estimated at $82.0 million, compared to an operating income of $6.2 million in 2024. The company is actively seeking additional financing and reviewing strategic alternatives to address liquidity issues.