Risk Factors Update Summary
- Revenue increased from $142.1 million in 2022 to $170.5 million in 2023.
- Total shares outstanding decreased from 65% in 2022 to 49% in 2023.
- Net losses decreased from $49.7 million in 2022 to $31.0 million in 2023.
- Number of employees in India increased from 80 in 2022 to 89 in 2023.
- The company outsourced supplemental customer support operations in the Philippines in 2023.
- Accumulated deficit increased from $231.6 million in 2022 to $262.7 million in 2023.
- Employees in India increased to further engineering and administrative operations.
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=1609151&owner=exclude
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