Risk Factors Update Summary
- Net losses increased from $68,292 thousand in 2021 to $109,550 thousand in 2023.
- A customer accounted for 44% of revenue in 2023, down from 47% in 2022.
- The closing price of Common Stock decreased from $11.85 in 2022 to $4.31 in 2023.
- Loss of a significant customer could materially and adversely affect results.
- Potential exercise of warrants could result in up to $349 million in proceeds.
- Climate change may adversely affect weather patterns, impacting financial condition and results.
- The Corporate Sustainability Due Diligence Directive will impose additional obligations.
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=1898795&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.