Risk Factors Update Summary
- Operating losses may continue as accumulated deficit increased from $52 million to $64 million.
- Customer concentration risk increased with top customer accounting for 48% of revenues.
- Customer accounts receivable concentration increased with top customers accounting for 83% and 11%.
- Concentration of credit risk increased as largest customer accounted for 48% of total revenues.
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=1396536&owner=exclude
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