Risk Factors Update Summary
- Due to an event of default on the Credit Agreement, forecasted funds to repay $5.2 million debt.
- Principal balance decreased from $58.5 million to $53.3 million under the Credit Agreement.
- Breach of covenants under the Credit Agreement raises substantial doubt about the company's ability to continue.
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=1723580&owner=exclude
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