−Removed: RISK FACTORS.
addition to the information set forth under Item 1A of Part I to our Annual Report on Form 10-K for the year ended December 31, 2021,
2 unchanged sentences
prevent us from achieving our goals.
−Removed: If any of these risks actually occur, our business, financial condition or results of
−Removed: operation may be materially and adversely affected.
−Removed: In such case, the trading price of our common stock could decline and
−Removed: investors could lose all or part of their investment.
−Removed: These risk factors may not identify all risks that we face and our operations could
−Removed: also be affected by factors that are not presently known to us or that we currently consider to be immaterial to our operations.
+Added: If any of these risks actually occur, our business, financial condition or results of operation
+Added: may be materially and adversely affected.
+Added: In such case, the trading price of our common stock could decline and investors could lose
+Added: all or part of their investment.
+Added: These risk factors may not identify all risks that we face and our operations could also be affected
+Added: by factors that are not presently known to us or that we currently consider to be immaterial to our operations.
have a history of substantial net losses and expect losses to continue in the future;
2 unchanged sentences
have experienced substantial net losses, and we expect to continue to incur substantial losses for the foreseeable future.
−Removed: net losses of approximately $15 million for the quarter ended March 31, 2022.
−Removed: As of March 31, 2022, we had net working capital of approximately
+Added: net losses of approximately $22 million for the quarter ended June 30, 2022.
+Added: As of June 30, 2022, we had net working capital of approximately
$86 million and an accumulated deficit of approximately $279 million.
25 unchanged sentences
of operations, financial position and cash flows.
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: DEFAULTS UPON SENIOR SECURITIES
−Removed: MINE SAFETY DISCLOSURES.
+Added: War, terrorism, other acts of violence or natural
+Added: or man-made disasters may affect the markets in which the Company operates, the Company’s customers, and could have a material adverse
+Added: impact on our business, results of operations, or financial condition.
+Added: The Company’s business may
+Added: be adversely affected by instability, disruption or destruction in a geographic region in which it operates, regardless of cause, including
+Added: war, terrorism, riot, civil insurrection or social unrest, and natural or man-made disasters, including famine, flood, fire, earthquake,
+Added: storm or pandemic events and spread of disease.
+Added: Such events may cause customers to suspend their decisions on using the Company’s
+Added: services, make it impossible for us to render our services, cause restrictions, and give rise to sudden significant changes in regional
+Added: and global economic conditions and cycles.
+Added: These events also pose significant risks to the Company’s personnel and to physical facilities
+Added: and operations, which could materially adversely affect the Company’s financial results.
+Added: Further, the current Russia-Ukraine
+Added: conflict has created extreme volatility in the global financial markets and is expected to have further global economic consequences,
+Added: including disruptions of the global supply chain and energy markets and heightened volatility of commodity food prices.
+Added: Any such volatility
+Added: or disruptions may have adverse consequences on us or the third parties on whom we rely.
+Added: If the equity and credit markets deteriorate,
+Added: including as a result of political unrest or war, it may make any necessary debt or equity financing more difficult to obtain in a timely
+Added: manner or on favorable terms, more costly or more dilutive.
+Added: Our business, financial condition and results of operations may be materially
+Added: and adversely affected by any negative impact on the global economy, capital markets or commodity food prices resulting from the conflict
+Added: in Ukraine or any other geopolitical tensions
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.