Risk Factors Update Summary
- Net loss increased from $187 million in 2022 to $239 million in 2023.
- Accumulated deficit rose from $596 million to $835 million from 2022 to 2023.
- Term loan facility increased from $300.0 million to $350.0 million in January 2023.
- Number of full-time employees increased from 373 to 545 as of February 13, 2024.
- Outstanding common stock shares increased from 501,375 to 590,916 as of February 13, 2024.
- U.S. federal net operating loss carryforwards increased from approximately $458 million to $547 million.
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=1579428&owner=exclude
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