Risk Factors Update Summary
- Net operating loss carryforwards decreased from $736.6 million to $453.1 million, with $1 million having no expiration date.
- Customer concentration increased with one customer accounting for 15% of revenue in 2021, now 12%.
- Accounts receivable concentration decreased from 56% to 55% with three customers in 2022.
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=1899883&owner=exclude
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