39 unchanged sentences
As such, the Company incurred
−Removed: operating loss of $644,697 for the year ended December 31, 2024.
+Added: net operating loss of $721,551 for the year ended December 31, 2025.
If we incur additional significant operating losses, our stock price,
25 unchanged sentences
The Company sustained a net operating loss of $720,934,
−Removed: a total net income of $20,675,445 and our operating activities provide by cash flows of $27,142 for the year ended December 31, 2024.
−Removed: The Company had a working capital deficit of $9,940,379, stockholders’ deficit of $10,184,119 and an accumulated deficit of $295,278,233
−Removed: at December 31, 2024.
+Added: and our operating activities provide by cash flows of $470 for the year ended December 31, 2025.
+Added: The Company had a working capital deficit
+Added: of $10,521,007, stockholders’ deficit of $10,871,007 and an accumulated deficit of $295,996,525 at December 31, 2025.
WE WILL REQUIRE ADDITIONAL CAPITAL TO SUPPORT BUSINESS
20 unchanged sentences
Our success depends on our inability to attract and
−Removed: retain key personnel including, Michael Murray, our CEO, Mansour Khatib, our Secretary, and Dr.
−Removed: Danny Rittman, our CTO, and our inability
−Removed: to do so may materially and adversely affect our business operations.
−Removed: The loss of qualified personnel could have a material and adverse
−Removed: effect on our business operations.
−Removed: Additionally, the success of the Company’s operations will largely depend upon its ability to
−Removed: successfully attract and maintain competent and qualified key management personnel.
−Removed: As with any company with limited resources, there
−Removed: can be no guaranty that the Company will be able to attract such individuals or that the presence of such individuals will necessarily
−Removed: translate into profitability for the Company.
+Added: retain key personnel including, Patrick Bertagna, our CEO, and our inability to do so may materially and adversely affect our business
+Added: The loss of qualified personnel could have a material and adverse effect on our business operations.
+Added: Additionally, the
+Added: success of the Company’s operations will largely depend upon its ability to successfully attract and maintain competent and qualified
+Added: key management personnel.
+Added: As with any company with limited resources, there can be no guaranty that the Company will be able to attract
+Added: such individuals or that the presence of such individuals will necessarily translate into profitability for the Company.
OUR BUSINESS REQUIRES SUBSTANTIAL CAPITAL, AND
167 unchanged sentences
At this time, there are no unresolved staff comments.
−Removed: The Company leases its virtual office space at 8557
−Removed: N West Knoll Dr.
−Removed: West Hollywood CA 90069 on a month-to-month lease.
+Added: The Company leases its virtual office space
+Added: at 117 W 9 th St, Suite 1214, Los Angeles, CA 90015 on a month-to-month lease.
+Added: LEGAL PROCEEDINGS
+Added: Legal Proceedings
+Added: From time to time, the Company may be involved in
+Added: various litigation matters, which arise in the ordinary course of business.
+Added: There is currently no litigation that management believes
+Added: will have a material impact on the financial position of the Company.
+Added: MINE SAFERY DISCLOSURES
+Added: Not applicable.
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.