Item 2.02. Results of Operations and Financial Conditions.

The Company is providing certain preliminary financial information and results of operations for the three months and year ended December 31, 2022, based on currently available information. The Company's financial closing procedures with respect to the estimated financial data provided below are not yet complete. These procedures often result in changes to accounts. As a result, the Company's final results may vary from the preliminary results presented below. The Company undertakes no obligation to update or supplement the information provided below until it releases its financial statements for the three months and year ended December 31, 2022.

The preliminary financial data included in this Current Report on Form 8-K has been prepared by, and is the responsibility of, our management. BDO USA, LLP ("BDO") has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial information and results of operations. Accordingly, BDO does not express an opinion or any other form of assurance with respect thereto.

Based on currently available information, the Company estimates that it delivered approximately 33,800 and 135,000 units of its lead testing product, AVISE® CTD, during the three months and year ended December 31, 2022, respectively.

The information provided in this Item 2.02 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), except as expressly set forth by specific reference in such filing.

Item 7.01. Regulation FD Disclosure.

On January 9, 2023, the Company updated its corporate presentation slides (the "Corporate Presentation Slides"). A copy of the Corporate Presentation Slides are furnished herewith as Exhibit 99.1.

The information provided in this Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act except as expressly set forth by specific reference in such filing.

Item 8.01. Other Events.

The following information included in the Corporate Presentation Slides is "filed" for purposes of Section 18 of the Exchange Act:

•The information included in Item 2.02 of this Current Report on Form 8-K is incorporated by reference into this Item 8.01.

•For the three months ended March 31, 2023, the Company expects revenue to be in the range of $8.2 million to $9.2 million.

•Assuming a gross margin of 60%, the Company estimates that it can achieve profitability if it obtains annual revenues of $75 million.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

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  Exhibit
    No.        Description
99.1             Corporate Presentation
104            Cover Page Interactive Data file (formatted as Inline XBRL).

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