5 unchanged sentences
Additional risk and uncertainties not currently known to us or that we currently deem to be immaterial may also materially adversely affect our financial condition, operating results and cash flows.
−Removed: Government efforts to combat inflation, along with other interest rate pressures arising from an inflationary economic environment, could lead to higher financing costs.
+Added: There is substantial doubt regarding our ability to continue as a going concern.
+Added: We will need to raise substantial additional funding, which may not be available on acceptable terms, if at all, to be able to continue as a going concern and advance our Project.
+Added: There is substantial doubt regarding our ability to continue as a going concern.
+Added: Our existence in our current form is dependent upon our ability to obtain additional capital.
+Added: As of March 31, 2023, we had cash and cash equivalents of approximately $36.2 million which we believe will not be sufficient to fund our operating expenses and capital requirements for one year after the date that the financial statements are issued.
+Added: Raising funds in the current economic environment is challenging and financing may not be available in sufficient amounts or on acceptable terms, if at all.
+Added: The issuance of additional securities, whether equity or debt, or the possibility of such issuance, may cause the market price of our shares to decline.
+Added: The sale of additional equity or debt securities may dilute the ownership of existing shareholders.
+Added: Government efforts to combat inflation, along with other interest rate pressures arising from an inflationary economic environment, could lead to higher financing and project completion costs.
Inflation has risen on a global basis, the United States has been experiencing historically high levels of inflation, and government entities have taken various actions to combat inflation, such as raising interest rate benchmarks.
4 unchanged sentences
Macroeconomic conditions, including inflation, slower growth or recession, changes to fiscal and monetary policy, tighter credit, higher interest rates, high unemployment and currency fluctuations can materially adversely affect demand for the Company’s products and services.
−Removed: In addition, confidence and spending can be materially adversely affected in response to financial market volatility, negative financial news, declines in income or asset values, energy shortages and cost increases, labor and healthcare costs and other economic factors.
+Added: In addition, confidence and spending can be materially and adversely affected in response to financial market volatility, negative financial news, declines in income or asset values, energy shortages and cost increases, labor and healthcare costs and other economic factors.
An adverse impact on demand for the Company’s products, uncertainty about, or a decline in, global or regional economic conditions can have a significant impact on the Company’s suppliers and other partners.
4 unchanged sentences
The transition to a new Chief Executive Officer (“CEO”) will be critical to our success and our business may be adversely impacted if we do not successfully manage the transition process in a timely manner.
−Removed: Our success depends, in part, on the effectiveness of our interim Principal Executive Officer, and a permanent CEO once such CEO is appointed.
−Removed: The CEO will be critical to executing on and achieving our vision, strategic direction, culture, products, and technology.
−Removed: Our capacity to identify and appoint a suitable permanent CEO in a timely manner will be essential to relieve any related speculation and uncertainty regarding our ability to execute the Company’s future business strategy.
−Removed: Likewise, the permanent CEO search and subsequent transition may be disruptive to the Company and our relationships with vendors and employees.
+Added: Our success depends, in part, on the effectiveness of our interim Principal Executive Officer, and the effective transition to our new permanent CEO in April.
+Added: The new CEO will be critical to executing on and achieving our vision, strategic direction, culture, products, and technology.
If we are unable to execute an orderly transition and successfully integrate the new CEO into our leadership team, our operations and financial conditions may be adversely affected.
11 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.