Substantial doubt about the company's ability to continue as a going concern.

“These conditions and events raise substantial doubt about the Company's ability to continue as a going concern. Management's plans to address our more immediate challenges may include the following: - execute the Company's strategic initiatives on pricing strategy, reactivating customers, enhancing our store operations and experience, continuing our cost optimization, and improving our asset utilization to reignite growth and increase financial resilience; and - actively engage with our lenders and other financial stakeholders to explore strategic alternatives to satisfy our existing debt obligations while meeting our long-term liquidity requirements. Our Term Loan matures on March 9, 2028, and we expect that we will need to seek to refinance, restructure, extend or if necessary, seek relief under applicable reorganization laws prior to maturity. There can be no assurance of the Company's ability to realize these plans, and as a result, the Company has concluded that management's plans do not alleviate the substantial doubt about the Company's ability to continue as a going concern for at least one year from the date of issuance of these financial statements.”