AEIS · All filings · Read this filing
What changed 10-K
Item 3. Legal Proceedings
2022-03-16 compared with 2021-02-24 · 1 added, 1 removed, 11 unchanged (15% of the section changed)
5 unchanged sentences
An unfavorable decision in a collection action against a customer we sold products to, or a claim or counterclaim from a customer related to alleged product failures, could also have a material adverse effect on our financial position or reported results of operations.
−Removed: We are engaged presently in such disputes and legal actions with customers and supplier for the inverter product line.
+Added: We are engaged presently in such disputes and legal actions with customers and a supplier for the inverter product line.
We accrue loss contingencies in connection with our commitments and contingencies, including litigation, when it is probable that a loss has occurred, and the amount of the loss can be reasonably estimated.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.