Material Agreement Form 8 K

ITEM 1.01.ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

Amendment No. 2 to Amended and Restated Loan Agreement

On August 2, 2024, the Company entered into Amendment No. 2 to Amended and Restated Loan Agreement (the "Salem Amendment") with its primary lender, Salem Investment Partners V, Limited Partnership ("Salem"). Pursuant to the Salem Amendment, which became effective on August 5, 2024, the Company paid down

the principal balance on its loan facility from $12.0 million to $4.5 million. Additionally, the maturity date was extended from January 31, 2026 to December 31, 2028 and the interest rate was reduced from 14% (comprising 3% payment-in-kind (deferred) and 11% cash) to 12%.

The foregoing summary of the Salem Amendment does not purport to be complete and is qualified by reference to the full text of the Salem Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and are incorporated herein by reference.