Risk Factors.
−Removed: We could fail to achieve the strategic objectives of the XCOM transaction, and our new Chief Executive Officer may not succeed, which could negatively impact our business and results of operations.
−Removed: In August 2023, we entered into an Intellectual Property License Agreement with XCOM Labs, Inc.
−Removed: (“XCOM”) pursuant to which we acquired a license to use certain intellectual property assets of XCOM.
−Removed: In connection with the transaction, we appointed Dr.
−Removed: Jacobs, founder of XCOM, as our Chief Executive Officer.
−Removed: The XCOM transaction may not advance our business strategy in the way we intend, which could harm our growth or profitability.
−Removed: In addition, we may not realize the expected benefits or synergies from the XCOM transaction or realize a satisfactory return on our investment in the XCOM assets or increase our revenue.
−Removed: These risks may be exacerbated because we have a new Chief Executive Officer.
−Removed: Our new Chief Executive Officer may not succeed at working with the current management team, growing revenue, or implementing a successful business plan.
−Removed: All of the foregoing could negatively impact our results of operations and financial condition.
You should carefully consider the risks described in this Report and all of the other reports that we file from time to time with the SEC, in evaluating and understanding us and our business.
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Our financial condition or results of operations also could be materially adversely affected by any of these risks.
−Removed: Other than as set forth above, there have been no material changes to our risk factors disclosed in Part I.
+Added: There have been no material changes to our risk factors disclosed in Part I.
"Risk Factors" of our 2023 Annual Report.
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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.