3 unchanged sentences
We historically incurred losses from operating activities, may require significant capital and may never achieve sustained profitability.
−Removed: For the fiscal year ended April 30, 2025, the Company had net income of approximately $4.7 million, an accumulated deficit of approximately $79.9 million, and a cash balance of $9.8 million.
−Removed: The Company also had cash provided by operations of approximately $7.4 million for the twelve months ending April 30, 2025.
+Added: For the fiscal year ended April 30, 2026, the Company had a net loss of approximately $1.2 million, an accumulated deficit of approximately $81.1 million, and a cash balance of $4.9 million.
+Added: The Company used cash in operations of approximately $4.5 million for the twelve months ending April 30, 2026.
We believe that our cash on hand, together with expected cash flows from operations, are adequate to fund our operations through at least August 2027.
118 unchanged sentences
We have goodwill on our balance sheet.
−Removed: If the future growth and operating results of our business are not as strong as anticipated and/or our market capitalization declines, this could impact the assumptions used in calculating the fair value of goodwill.
+Added: If the future growth and operating results of our business are not as strong as anticipated and/or our market capitalization declines, this could result in an impairment of our goodwill.
To the extent any future impairment occurs, the carrying value of our assets will be written down to an implied fair value and an impairment charge will be made to our income from continuing operations.
47 unchanged sentences
Our management and four significant stockholders collectively own a substantial majority of our common stock.
−Removed: Collectively, our officers, our directors and three significant stockholders own or exercise voting and investment control of approximately 72% of our outstanding common stock as of July 21, 2025.
+Added: Collectively, our officers, our directors and four significant stockholders own or exercise voting and investment control of approximately 71% of our outstanding common stock as of July 23, 2026.
As a result, investors may be prevented from affecting matters involving our company, including:
39 unchanged sentences
Impacts of such conditions could be passed on to our business in the form of a reduced customer base and/or potential for new bookings due to possible reductions in pharmaceutical and biotech industry-wide spend on research and development and/or economic pressure on our suppliers to pass on increased costs.
−Removed: Our Chief Executive Officer resides in Israel and we have several customers with their operations located in Israel, and, therefore, our leadership continuity and results may be adversely affected by political, economic, and military instability in Israel.
+Added: Our Chairman of the Board of Directors resides in Israel and we have several customers with their operations located in Israel, and, therefore, our leadership continuity and results may be adversely affected by political, economic, and military instability in Israel.
One of our wholly owned subsidiaries is based in Israel.
−Removed: While we do not have a physical facility located in Israel, our Chief Executive Officer resides there and we have several customers whose operations are based there.
+Added: While we do not have a physical facility located in Israel, our Chairman of the Board of Directors resides there and we have several customers whose operations are based there.
Accordingly, political, economic, and military conditions in Israel may directly affect our business.
2 unchanged sentences
Any armed conflicts, war, terrorist activities, or political instability in the region and the consequences thereof, such as our customers' ability to conduct operations and pay their suppliers of goods and services (such as our company), could adversely affect business conditions and could harm our results of operations.
−Removed: It is currently not possible to predict the duration or severity of the ongoing war or its effects on our business, operations, and financial conditions.
−Removed: The ongoing war is rapidly evolving and developing, and could disrupt our customers' business and operations.
−Removed: While we have not experienced any disruptions that have materially impacted our business or results
−Removed: of operations, there can be no assurances that further unforeseen events will not have a material adverse effect on us or our operations in the future.
+Added: It is currently not possible to predict the duration or severity of the ongoing wars with Iran and its proxies, or its effects on our business, operations, and financial conditions.
+Added: The ongoing wars could disrupt our customers' business and operations.
+Added: While we have not experienced any disruptions that have materially impacted our business or results of operations, there can be no assurances that further unforeseen events will not have a material adverse effect on us or our operations in the future.
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.