Risk Factors Update Summary
- Ownership of common stock by executive officers, directors, and affiliates increased from 45% to 51%.
- Pending utility patent applications increased from 25 to 34 in the United States.
- Issued U.S. utility patents increased from 12 to 33 as of December 31, 2023.
- Issued China utility patents increased from 1 to 3, with pending applications increasing from 7 to 9.
- Issued European utility patents increased from 1 to 7, with pending applications increasing from 5 to 9.
- Ownership of common stock by executive officers, directors, and affiliates increased from 2% to 0%.
- Pending utility patent applications increased from 5 to 9 in the European Union.
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=1831915&owner=exclude
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