Risk Factors Update Summary
- CEO transition: Alan Knitowski resigned, Russell Buyse terminated, Michael Snavely appointed CEO.
- Goodwill impairment charges increased from $18 million to $25 million in 2023.
- Net operating loss carryforwards increased from $195 million to $236 million federally in 2023.
- Net operating loss carryforwards increased from $95 million to $133 million at the state and local level in 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.
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=1665300&owner=exclude
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