Risk Factors Update Summary
- Subject to claims challenging ownership of patents. If unsuccessful, may require licenses or cease development.
- Patents covering products could be found invalid globally if challenged, impacting commercialization.
- Install base of AquaBeam Robotic Systems increased significantly from 243 to 418 globally.
- Number of AquaBeam Robotic Systems in the U.S. increased from 167 to 315.
- Market price of common stock increased from $75.0 million to $136.2 million in 2023.
- Net loss increased from $87.2 million to $105.9 million for the year ended December 31, 2023.
- Accumulated deficit increased from $348.7 million to $454.6 million 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.
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=1588978&owner=exclude
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