Risk Factors Update Summary
- Exploring carbon capture opportunities, but inability to benefit from Section 45Q tax credits could significantly reduce ability to develop projects. This may impact business, operations, and financial condition.
- Management's limited experience with carbon capture programs and reliance on third-parties could have a material adverse effect on business, prospects, or operations.
- Contemplated carbon capture program expected to be cash flow negative, comprising a significant share of cash flow.
- Inability to qualify for Section 45Q tax credits may reduce ability to develop carbon capture projects.
- Limited experience with carbon capture initiatives and infrastructure could affect management's ability to efficiently manage programs.
- Reliance on third-party consultants, contractors, and suppliers for carbon capture program development may lead to business interruptions or increased costs.
- Significant delays in miner deliveries in the past have materially adversely affected the company.
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=1856028&owner=exclude
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