Risk Factors Update Summary
- The company may need to raise additional capital in the future, with $50.7 million operating loss in 2023.
- Cybersecurity risks to operational systems and customer data could prevent effective business operations.
- Changes in effective tax rates or regulations could impact financial condition and operations.
- Identified material weakness in internal controls could impact financial reporting accuracy and investor confidence.
- Ownership changes may limit the utilization of net operating losses and tax credits.
- The company's effective tax rate may fluctuate, with $144.9 million in U.S. federal net operating loss carryforwards.
- Geopolitical conflicts and market disruptions could adversely affect business operations and financial results.
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=1498233&owner=exclude
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