4 unchanged sentences
and its business before purchasing shares of our common stock.
−Removed: Except as set forth below, there have been no material changes to our
−Removed: risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2021.
−Removed: The Company’s business, operating
−Removed: results and financial condition could be adversely affected due to any of those risks.
−Removed: is substantial doubt about our ability to continue as a going concern.
−Removed: historical financial statements have been prepared under the assumption that we will continue as a going concern.
−Removed: As of September 30,
−Removed: 2022, the Company had an accumulated deficit of $178 million.
−Removed: We have limited financial resources, and as of September 30, 2022 we had
−Removed: a working capital deficit of $12.0 million and a cash balance of $5.8 million.
−Removed: We will need to raise additional capital or secure debt
−Removed: funding to support on-going operations.
−Removed: The sources of this capital are expected to be the sale of equity and debt, which may not be
−Removed: available on favorable terms, if at all, and may, if sold, cause significant dilution to existing stockholders.
−Removed: If we are unable to access
−Removed: additional capital moving forward, it may hurt our ability to grow and to generate future revenues, our financial position, and liquidity.
−Removed: These factors raise substantial doubt about the ability of the Company to continue as a going concern.
−Removed: Unless management is able to obtain
−Removed: additional financing, it is unlikely that the Company will be able to meet its funding requirements during the next 12 months.
−Removed: The financial
−Removed: statements do not include any adjustments that might result from the outcome of this uncertainty.
−Removed: The doubt regarding our potential ability
−Removed: to continue as a going concern may adversely affect our ability to obtain new financing on reasonable terms or at all.
−Removed: Additionally,
−Removed: if we are unable to continue as a going concern, our stockholders may lose some or all of their investment in the Company.
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: DEFAULTS UPON SENIOR SECURITIES
−Removed: MINE SAFETY DISCLOSURES
+Added: There have been no material changes to our risk factors contained in our
+Added: Annual Report on Form 10-K for the year ended December 31, 2022.
+Added: The Company’s business, operating results and financial condition
+Added: could be adversely affected due to any of those risks.
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.