Risk Factors Update Summary
- Expanded RNS System adoption outside Level 4 CECs to increase utilization and adoption.
- Increased accumulated deficit from $470 million to $503 million as of December 31, 2023.
- Net cash used in operating activities decreased from $36.9 million to $19.7 million in 2023.
- Total shares outstanding increased from approximately 25,045,751 to 27,800,804 shares in 2023.
- Accumulated deficit increased from $470 million to $503 million as of December 31, 2023.
- Net losses reported decreased from $47.1 million to $33.0 million in 2023.
- Employees increased from 167 to 171 as of December 31, 2023.
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.
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