10 unchanged sentences
the Company may be unable to fully review and certify certain financial statements that it needs to permit the Company to file
−Removed: timely and accurate quarterly Reports on Form 10-Q, including for the quarter ended March 31, 2020, by the prescribed dates without
+Added: timely and accurate quarterly Reports on Form 10-Q, including for the quarter ended June 30, 2020, by the prescribed dates without
undue hardship and expense to the Company.
74 unchanged sentences
monetize the intellectual property it owns.
−Removed: of March 31, 2020, we own United States Patents Nos.
+Added: of June 30, 2020, we own United States Patents Nos.
8,574,501 B1, originally issued November 5, 2013 and 8,795,597 B2, issued
266 unchanged sentences
have a substantial amount of indebtedness, which requires significant interest payments.
−Removed: As of March 31, 2020, we had total liabilities
+Added: As of June 30, 2020, we had total liabilities
of $8,122,042, including $2,372,658 of current debt (net of debt discounts totaling $142,888), bearing an average cash interest
1 unchanged sentence
We also have additional long-term liabilities of $525,000, in the form of a 3-year interest-only note payable,
−Removed: bearing interest at 7.5%, paid semi-annually, due in July 2022.
−Removed: For more details on our indebtedness, please see Notes 5 and
−Removed: 6 to our Financial Statements.
+Added: bearing interest at 7.5%, paid semi-annually, with principal and accrued interest due in July 2022.
+Added: For more details on our
+Added: indebtedness, please see Notes 5 and 6 to our Financial Statements.
substantial level of indebtedness could have important consequences, including the following:
45 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.