During the preparation of the Company’s consolidated financial statements for the year ended December 31, 2025, management identified immaterial errors in the previously issued consolidated financial statements related to the accounting for certain lease arrangements under ASC 842, Leases. Specifically, the Company determined that right‑of‑use (“ROU”) operating lease assets and corresponding operating lease liabilities were understated due to errors in the subsequent measurement and accounting for certain leases. The correction of these errors also resulted in immaterial impacts to lease‑related expense in the consolidated statements of operations for the affected periods.

In accordance with the Staff Accounting Bulletin (“SAB”) No. 99, Materiality and SAB No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in the Current Year Financial Statements, the Company evaluated both the quantitative and qualitative factors associated with these errors and determined that impacts were not material, individually or in the aggregate, to the Company’s previously issued consolidated financial statements. As a result, the Company has revised its prior period consolidated financial statements and related disclosures for the years ended December 31, 2024 and 2023 to correct the errors.

The following tables summarize the impacts of the corrections on the Company’s consolidated financial statements for the annual periods ended December 31, 2023 and December 31, 2024 (all presented in thousands):


	As of December 31, 2024
	As Previously Filed		Revision		As Revised
Right of use operating lease assets	$	25,669	$	3,770	$	29,439
Other long term assets	6,413		(985)		5,428
Total Assets	209,996		2,785		212,781
Current operating lease liabilities	6,099		340		6,439
Total Current Liabilities	28,609		340		28,949
Long-term operating lease liabilities	24,248		3,547		27,795
Total Liabilities	130,706		3,887		134,593
Accumulated deficit	(27,802)		(1,102)		(28,904)
Total stockholders' equity	79,290		(1,102)		78,188
Total liabilities and stockholders' equity	209,996		2,785		212,781


	Year Ended December 31, 2024						Year Ended December 31, 2023
	As Previously Filed		Revision		As Revised		As Previously Filed		Revision		As Revised
Cost of Service	$	71,382	$	(233)	$	71,149	$	74,012	$	(239)	$	73,773
(Loss)/Income from operations	(1,816)		233		(1,583)		9,483		239		9,722
Net Loss	(8,251)		233		(8,018)		(4,479)		239		(4,240)
Basic EPS	$	(0.14)	—		$	(0.14)	$	(0.08)	$	—	$	(0.08)
Diluted EPS	$	(0.14)	—		$	(0.14)	$	(0.08)	$	—	$	(0.08)


	Year Ended December 31, 2024						Year Ended December 31, 2023
	As Previously Filed		Revision		As Revised		As Previously Filed		Revision		As Revised
Net Loss	$	(8,251)	$	233	$	(8,018)	$	(4,479)	$	239	$	(4,240)
Comprehensive Loss	(8,526)		233		(8,293)		(4,815)		239		(4,576)


	Year Ended December 31, 2024						Year Ended December 31, 2023
	Accumulated Deficit - As Previously Filed		Accumulated Deficit - Revision		Accumulated Deficit - As Revised		Accumulated Deficit - As Previously Filed		Accumulated Deficit - Revision		Accumulated Deficit - As Revised
Adjustment to opening retained earnings for correction of immaterial errors	$	—	$	—	$	—	$	—	$	(1,574)	$	(1,574)
Net Loss	(8,251)		233		(8,018)		(4,479)		239		(4,240)
Total - Accumulated Deficit	(27,802)		(1,102)		(28,904)		(19,551)		(1,335)		(20,886)
Total - Stockholders' equity	79,290		(1,102)		78,188		83,992		(1,335)		82,657


	Year Ended December 31, 2024						Year Ended December 31, 2023
	As Previously Filed		Revision		As Revised		As Previously Filed		Revision		As Revised
Net loss	$	(8,251)	$	233	$	(8,018)	$	(4,479)	$	239	$	(4,240)
Changes in assets and liabilities:
Other assets	(1,011)		(1,871)		(2,882)		(3,814)		(897)		(4,711)
Accrued and other liabilities	7,587		1,638		9,225		2,181		658		2,839