3 unchanged sentences
s business is likely to be materially and adversely affected by an epidemic or pandemic such as COVID-19, or by a similar event or the fear of such an event, and the measures that governmental authorities implement to address it.
−Removed: As COVID-19 began to spread in March and April 2020, and again more recently, governmental authorities and health officials implemented numerous unprecedented measures to contain the virus, including “stay at home”
+Added: As COVID-19 spread in March and April 2020, governmental authorities and health officials implemented numerous unprecedented measures to contain the virus, including “stay at home”
orders for non-essential workers, travel restrictions, quarantines and business shutdowns.
70 unchanged sentences
An inability to realize payment for services performed could materially affect the earnings of Journal Technologies.
+Added: Additional costs may not be recoverable for historic projects with flexible scopes or scopes that are subject to interpretation, or projects that require adjustments due to technology changes that occur due to the passage of time.
+Added: The end-of-life process for legacy products and customer transitions to new products must be handled effectively.
+Added: Disruptions that affect long standing customer relationships can have negative reputational implications for Journal Technologies and that can affect its earnings.
Risks Associated with Our Holdings of Marketable Securities
5 unchanged sentences
The value of these securities could decline, which would adversely affect net income and shareholders’
−Removed: Also, as of September 30, 2021, the Company’s holdings of marketable securities were concentrated in just seven companies.
+Added: Also, as of September 30, 2022, the Company’s holdings of marketable securities were concentrated in just eight companies.
Accordingly, a significant decline in the market value of one or more of the Company’s holdings may not be offset by hypothetically better performance of other holdings.
8 unchanged sentences
General Corporate Risks
−Removed: The Company relies heavily on the services of Gerald Salzman.
−Removed: Gerald Salzman, 82, serves as the Company’s president, chief executive officer, chief financial officer, treasurer and assistant secretary.
−Removed: He is also the president, chief executive officer, chief financial officer and secretary of Journal Technologies.
−Removed: Salzman has started transitioning and delegating certain of his duties to other managers, a sudden loss of Mr.
−Removed: Salzman’s services would be challenging for the Company given the number of roles he fills for both The Traditional Business and Journal Technologies.
Changes in accounting guidance could have a significant effect on the Company ’
25 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.