4 unchanged sentences
We defend ourselves vigorously against any such claims.
−Removed: Based on current information, we do not believe that a material loss from known matters is probable as of June 30, 2025.
+Added: Based on current information, we do not believe that a material loss from known matters is probable as of September 30, 2025.
On February 4, 2025, a purported class action lawsuit was filed against us and certain of our executives.
2 unchanged sentences
25-cv-220 (W.D.
−Removed: Wash.) (the “Securities Action”) and alleges that we violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder, by making material misstatements or omissions relating to our business, including with respect to our business relationship with Nvidia.
+Added: Wash.) (the “Securities Action”) and alleges that we violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder, by making material misstatements or omissions relating to our business.
We believe the lawsuit is meritless and intend to defend against it vigorously.
−Removed: Related to the Securities Action, two shareholder derivative suits were also filed, against current – and one former – director, and certain executives, alleging breaches of their fiduciary duties (Miller v.
+Added: Related to the Securities Action, two shareholder derivative suits were also filed, against current – and one former – director, and certain executives, alleging breaches of their fiduciary duties.
+Added: The shareholder derivative suits have been consolidated under the caption Miller v.
Hsing, et al., No.
25-cv-527 (W.D.
−Removed: Wash.), filed on March 26, 2025, and Roy v.
−Removed: Hsing, et al.
−Removed: 25-cv-555 (W.D.
Wash.), filed on March 26, 2025 (the “Derivative Litigation”).
2 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.