Risk Factors Update Summary
- Expect net losses to increase significantly due to delays in commercial scale production and plant development.
- Anticipate higher losses due to increased spending on partnerships, production, and marketing activities.
- Expansion plans may be hindered by delays in construction, leading to adverse financial impacts.
- Potential delays or failures in plant construction could severely impact the biomass conversion technology platform.
- Reliance on limited plants for revenue may lead to disruptions in production and financial challenges.
- Risks related to customer agreements include termination clauses and liquidated damages for delays.
- Uncertainty in meeting customer demand due to supply chain disruptions and inability to procure necessary equipment.
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=1802457&owner=exclude
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