Risk Factors Update Summary
- The company may issue additional shares, increasing outstanding shares from 203,919,874 to 211,492,888.
- The accumulated deficit increased from $426.5 million to $537.3 million by the end of 2023.
- The number of employees increased from 164 to 185 by the end of 2023.
- The net operating loss carryforwards for federal and state tax purposes increased from approximately $322 million to $384 million.
- The company had cash and cash equivalents of $80.4 million by the end of 2023, down from $151.9 million in 2022.
- The company submitted a BLA for the HAV in urgent arterial repair following extremity vascular trauma.
- The company may issue additional shares, increasing the total from 7,203,919,421 to 11,492,888,057.
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=1818382&owner=exclude
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