Risk Factors Update Summary
- Sales of Trust Codes business in 2023 could slash $4 billion in permanent costs by 2025.
- A major global carrier plans to ground 29 aircraft and reduce flights in 2023.
- Federal and state NOLs of $23.1 million and $0 will expire unutilized in 2023.
- The Company has anti-dilutive shares consisting of 286,000 Series B Convertible Stock outstanding.
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=1104038&owner=exclude
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