Risk Factors Update Summary
- Issued 358,358 more shares of common stock in 2023 compared to 2022.
- 1,701 more shares underlying awards made under the 2018 Plan are scheduled to vest.
- Ownership percentages changed from 14% to 13% and 11% to 10% in 2023.
- Transitioned from an "emerging growth company" to a "smaller reporting company" in 2023.
- Increased shares outstanding from 126,435 to 377,793 in 2023.
- Ownership by officers and directors changed from one to two significant stockholders.
- Potential future dilution due to the issuance of an aggregate of 1,017 more shares.
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=1720116&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.