Risk Factors Update Summary

• Risks Related to the Realignment and Consolidation Plan were added, including potential divestiture implications and challenges in realizing returns on investments.
• Change in wording from "cancelled" to "canceled" in government contracting parties' actions.
• Environmental costs could have a material adverse effect on financial position or results.
• The company reported net losses of $398.2 million, including $282.2 million of goodwill impairment and $65.6 million of non-cash impairment loss on long-term assets.
• Failure to obtain necessary import or export approval could result in a $1.0 million civil money penalty.
• Changes in methods, estimates, and judgments may lead to adjustments impacting financial results.
• The company expects to continue incurring significant net losses and negative cash flows, raising doubts about its ability to continue as a going concern.
• Increase in the number of warrants issued in December 2023 registered direct offering to 750,000 warrants.
• Increased scrutiny on environmental responsibilities may lead to additional expenditures for pollution control.
• Change in the closing bid price for common stock below $1.00 per share for 30 consecutive trading days.
• Increase in the aggregate number of shares that may be subject to awards under the 2021 Equity Incentive Plan.
• Change in the closing bid price of common stock to meet or exceed $1.00 per share for ten consecutive trading days.
• Change in the number of warrants issued in February 2024 offering to 850,000 shares exercisable at $3.91 per share.