Amending and restating the FY2024 Form 10-K and Q1, Q2, and Q3 2025 Form 10-Qs to reclassify buildings without ownership certificates from fixed assets to right-of-use (ROU) assets under ASC 842, while continuing to evaluate and enhance internal controls over financial reporting to address identified material weaknesses [2.3.1].

Expected impact: Restoring regulatory compliance with SEC and Nasdaq reporting requirements, resolving the delinquency notices, and improving financial reporting transparency.

Prioritizing cost-control and cost-efficiency initiatives across production facilities to mitigate the impact of average selling price declines and volatile commodity markets.

Expected impact: Partially offsetting declines in average selling prices and preserving cash flow during periods of soft industrial demand.

Divesting underperforming or suspended operations to concentrate corporate resources on the core, more profitable bromine and crude salt segments.

Expected impact: Elimination of costs associated with prolonged facility suspensions and optimization of the company's asset portfolio.