Expected Moves

Elevated risk of a dilutive equity offering or debt restructuring as operational liquidity runs thin.

Q3 2026 earnings print. The primary focus will be on facility utilization metrics and assessing the post-restructuring runway.

Release of Q4 and audited FY2026 financials, providing definitive clarity on going-concern status and baseline cash flow.

Q1 2027 earnings release. Market focus will pivot to year-over-year revenue comps against the highly volatile FY2026 baseline.