2 unchanged sentences
“Risk Factors,” in the Company’s Annual Report
−Removed: on Form 10-K for the year ended December 31, 2020 and the risks set forth below, as such factors could materially affect the Company’s
+Added: on Form 10-K for the year ended December 31, 2021 as such factors could materially affect the Company’s
business, financial condition, and future results.
3 unchanged sentences
deems to be immaterial, also may have a material adverse impact on the Company’s business, financial condition, or results of operations.
−Removed: The inability of
−Removed: our supply chain to deliver certain key components, such as semiconductors, could materially adversely affect our business, financial
−Removed: condition and results of operations.
−Removed: Our products contain
−Removed: a significant number of components that we source globally.
−Removed: If our supply chain fails to deliver products to us in sufficient quality
−Removed: and quantity on a timely basis, we will be challenged to meet our customer order delivery timelines and could incur significant additional
−Removed: expenses for expedited freight and other related costs.
−Removed: Similarly, many of our customers are dependent on an ever-greater number of global
−Removed: suppliers to manufacture their products.
−Removed: These global supply chains have been, and may continue to be, adversely impacted by events outside
−Removed: of our control, including macroeconomic events, trade restrictions, economic recessions or natural occurrences, such as the ongoing disruptions
−Removed: from the COVID-19 pandemic.
−Removed: As a result of COVID-19, we have experienced delays in supply chain deliveries, extended lead times and shortages
−Removed: of key components, some raw material cost increases and slowdowns at certain production facilities.
−Removed: These disruptions have delayed and
−Removed: may continue to delay the timing of some orders and expected deliveries of our products.
−Removed: If the impact of the supply chain disruptions are more severe
−Removed: than we expect, it could result in longer lead times, inventory supply challenges and further increased costs, all of which could materially
−Removed: adversely affect our business, financial condition and results of operations.
−Removed: Many of the products we supply are reliant on
−Removed: semiconductors.
−Removed: Globally, there is an ongoing significant shortage of semiconductors.
−Removed: The semiconductor supply chain is complex, with
−Removed: capacity constraints occurring throughout.
−Removed: We have and will continue to work closely with our suppliers and customers to minimize any
−Removed: potential adverse impacts of the global semiconductor chip shortage and monitor the availability of semiconductor chips and other key
−Removed: components, customer production schedules and any other supply chain inefficiencies that may arise.
−Removed: However, if we are not able to mitigate
−Removed: the impact of the semiconductor chip shortage semiconductor shortage impact, any direct or indirect supply chain disruptions may have
−Removed: a material adverse impact on our business, financial condition and results of operations.
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.