Risk Factors Update Summary
- Net losses increased from $87 million to $97 million, with losses of $10.0 million in 2023.
- Revenue transitioned from "no product" to "limited commercial," expecting modest revenue in late 2023.
- Prototype testing challenges may impact product design and commercialization milestones.
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=1507957&owner=exclude
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