Risk Factors Update Summary
- Accumulated deficit increased from $91 million to $107 million. This may impact financial stability.
- Cash on hand decreased from $10 million to $1 million. Liquidity concerns may arise.
- Available shares for issuance increased from 657 to 383. Dilution risk for existing shareholders.
- Stock price fluctuated from $6 to $486. Volatility may affect investor confidence.
- Pending patent applications increased from six to seven. Intellectual property protection enhanced.
- Allowed patent applications increased from one to seven in foreign jurisdictions. Strengthened IP position.
- Additional shares reserved for future issuance increased from 1,063 to 300,000. Dilution risk increased.
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=1133818&owner=exclude
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