Risk Factors Update Summary
- Expect to incur losses in the future, need to raise additional capital, and may cease operations.
- Pending litigation could negatively impact financial position and ability to raise capital.
- Need to raise additional funds, substantial costs incurred due to revenue reduction.
- Limited capital resources disclosed, may not qualify for Nasdaq listing, affecting stockholders.
- Received notice of noncompliance with Nasdaq bid price requirements, had 180 days to regain compliance.
- Debt agreements allow for additional indebtedness, may incur significant debt in the future.
- Potential intellectual property infringement claims could impact financial condition and operations.
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=1580063&owner=exclude
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