Risk Factors Update Summary
- The company's listing on The Nasdaq Capital Market may be at risk due to non-compliance.
- The company acquired assets from Klydon and Pet Labs Pharmaceuticals for $2 million and $6 million, respectively.
- Failure to maintain compliance with listing standards could lead to delisting and negatively impact shareholders.
- The company expects to be heavily dependent on future isotopes sales, with an accumulated deficit of $23 million as of December 31, 2023.
- The company may face risks related to dependence on third parties for the production and commercialization of isotopes.
- The company is still early in research and development efforts for isotopes like Mo-100 and U-235.
- The company may face challenges in obtaining necessary approvals for research and development efforts, potentially leading to the loss of significant rights.
- Significant costs incurred as a public company may impact financial performance and shareholder value.
- The company has not yet built a functioning manufacturing plant for isotopes and has not demonstrated commercial production capabilities.
- The company's future prospects are directly tied to the end market demand for enriched isotopes and the successful commercialization of their technology.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1921865&owner=exclude
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