Risk Factors Update Summary
- Transitioned from technology solution brokers to distributors and resellers to sell our solution.
- Historical rapid growth may not be indicative of future; revenues were $910.5M in 2023.
- Increased workforce from 2,380 employees in 2022 to 2,684 employees in 2023.
- Research and development expenses increased from $141.8M in 2022 to $156.6M in 2023.
- Net operating loss carryforwards increased from $403.9M in 2022 to $456.5M in 2023.
- Sale price per share of common stock ranged from $51 to $87 in 2023.
- Loss of key personnel and developments with respect to patents or proprietary rights could impact the company.
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=1288847&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.