22.SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the date the financial statements were issued and determined that there have been no events that have occurred that would require adjustments to its disclosures in the accompanying condensed consolidated financial statements, except for the following:

On August 3, 2026, the Board of Directors of the Company authorized a restructuring plan (the “Restructuring Plan”) intended to streamline operations and reduce costs, which includes a reduction in force and the discontinuation of DPM. The reduction in force, which the Company commenced on August 5, 2026, is expected to be complete by the fourth quarter of 2026 and is estimated to impact approximately 65 employees and service providers, representing approximately 32% of the Company’s current total workforce. The Company estimates that it will incur approximately $1.5 million to $2.5 million of total cash restructuring and related charges, primarily related to severance and benefit costs, a majority of which is expected to be incurred in the third and fourth quarters of 2026.

The Company may incur additional expenses not currently contemplated in connection with the reduction in force. The charges, cash expenditures and accounting impacts that the Company expects to incur or recognize in connection with the reduction in force are estimates and are subject to a number of assumptions, including the timing of the reduction in force and the number and location of employees impacted, and actual results may differ materially.