Risk Factors Update Summary
- Accumulated deficits increased by $9,905,782 to $51,440,227, with net losses rising to $9,905,782.
- Ceased new inventory purchases, planning to sell current inventory only, restricting growth.
- Gross margins may be affected by ineffective inventory management, leading to write-downs.
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=1861522&owner=exclude
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