14 unchanged sentences
Management believes the indemnification would include amounts owed for the tax, interest, and penalties related to this matter.
−Removed: Accordingly, we don’t expect to incur a loss related to this matter even in the event of an unfavorable decision and, therefore, have not accrued an amount for the remaining matters as of June 30, 2020.
+Added: Accordingly, we don’t expect to incur a loss related to this matter even in the event of an unfavorable decision and, therefore, have not accrued an amount for the remaining matters as of September 30, 2020.
Securities Offering Matter
6 unchanged sentences
The Company is unable at this time to determine whether the outcome of the litigation would have a material impact on the Company’s financial position, results of operations, or cash flows.
−Removed: All Other Legal Matters
+Added: Other Legal Matters
+Added: On October 26, 2020, Corre Opportunities Qualified Master Fund, LP, and Corre Horizon Fund, LP, filed a complaint in the Chancery Court of the State of Delaware against the Company.
+Added: The complaint alleges that the Company’s sale of its Life Sciences business without obtaining the prior consent of the plaintiffs was a breach of the terms of the Series B Preferred Stock.
+Added: The complaint seeks unspecified monetary damages and other relief.
+Added: The Company believes the complaint and allegations to be without merit and intends to vigorously defend itself against these actions.
+Added: The Company is unable at this time to determine whether the outcome of the litigation would have a material impact on the Company’s financial position, results of operations, or cash flows.
All other legal proceedings are of an ordinary and routine nature and are incidental to our operations.
1 unchanged sentence
In making that determination, we analyze the facts and circumstances of each case at least quarterly in consultation with our attorneys and determine a range of reasonably possible outcomes.
−Removed: The procedures performed include reviewing attorney and plaintiff correspondence, reviewing any filings made and discussing the facts of the case with local management and legal counsel.
−Removed: We have not recognized any material loss contingencies at June 30, 2020, or at December 31, 2019.
+Added: The procedures performed include reviewing attorney and plaintiff correspondence, reviewing any filings made and discussing the
+Added: facts of the case with local management and legal counsel.
+Added: We have not recognized any material loss contingencies at September 30, 2020, or at December 31, 2019.
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.