RISK FACTORS.
−Removed: 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, 2022,
−Removed: the information set forth at the beginning of Management’s Discussion and Analysis entitled “Special Note Regarding Forward-Looking
−Removed: Information,” and updates noted below, you should consider that there are numerous and varied risks, known and unknown, that may
−Removed: prevent us from achieving our goals.
−Removed: If any of these risks actually occur, our business, financial condition or results of operation
−Removed: may be materially and adversely affected.
−Removed: In such case, the trading price of our common stock could decline and investors could lose
−Removed: all or part of their investment.
−Removed: These risk factors may not identify all risks that we face and our operations could also be affected
−Removed: by factors that are not presently known to us or that we currently consider to be immaterial to our operations.
+Added: addition to the information set forth under Item 1A of Part I in our Annual Report on Form 10-K for the year ended December 31, 2022,
+Added: and under a similar item in subsequent periodic reports, the information set forth at the beginning of Management’s Discussion
+Added: and Analysis entitled “Special Note Regarding Forward-Looking Information,” and updates noted below, you should consider
+Added: that there are numerous and varied risks, known and unknown, that may prevent us from achieving our goals.
+Added: If any of these risks actually
+Added: occur, our business, financial condition or results of operation may be materially and adversely affected.
+Added: In such case, the trading
+Added: price of our common stock could decline and investors could lose all or part of their investment.
+Added: These risk factors may not identify
+Added: all risks that we face and our operations could also be affected by factors that are not presently known to us or that we currently consider
+Added: to be immaterial to our operations.
have a history of substantial net losses and expect losses to continue in the future;
1 unchanged sentence
our financial condition could suffer.
−Removed: have experienced substantial net losses, and we expect to continue to incur substantial losses for the foreseeable future.
−Removed: net losses of approximately $42 million for the quarter ended June 30, 2023.
−Removed: As of June 30, 2023, we had net working capital of approximately
−Removed: $101 million and an accumulated deficit of approximately $405 million.
+Added: We have experienced substantial net losses, and we expect to continue to
+Added: incur substantial losses for the foreseeable future.
+Added: We incurred net losses of approximately $113 million for the quarter ended September
+Added: As of September 30, 2023, we had net working capital of approximately $94 million and an accumulated deficit of approximately
+Added: $518 million.
We have not yet achieved profitability.
12 unchanged sentences
July 2023, we received a subpoena from the SEC requesting the production of documentation and other information since January 1, 2020,
−Removed: relating to various subjects, including executive departures, related-party transactions, number of EV charging stations, and other discrete
+Added: relating to various subjects, including executive departures, related-party transactions, and EV charging station and other discrete
disclosure matters.
4 unchanged sentences
We can provide no assurances as to the outcome of the SEC investigation.
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: DEFAULTS UPON SENIOR SECURITIES
−Removed: MINE SAFETY DISCLOSURES.
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.