Risk Factors Update Summary
- The Company experienced a liquidity shortfall in Q4 2023 and Q1 2024, receiving an additional $5.0 million loan.
- Net inventory increased from $42.1 million to $77.3 million between December 31, 2022, and 2023.
- The Company reported a net loss of $1.6 million and cash used in operations of $11.1 million for the year ended 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=864240&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.