7 unchanged sentences
If we are not successful in our efforts to increase sales or raise capital, we could experience a shortfall in cash over the next twelve months, and our ability to obtain additional financing on acceptable terms, if at all, may be limited.
−Removed: At March 31, 2022 and December 31, 2021, we had cash and cash equivalents and a short-term investment, collectively, of $13,146,418 and $13,024,381, respectively.
−Removed: However, during the three months ended March 31, 2022 and year ended December 31, 2021, we reported a net loss of $ 717,177 and $ 10,832,674 , respectively, and provided $3,257,027 and used $ 662,759 of cash for operations, respectively.
+Added: At June 30, 2022 and December 31, 2021, we had cash and cash equivalents and a short-term investment, collectively, of $ 2,428,211 and $ 13,024,381 respectively.
+Added: However, during the six months ended June 30, 2022 and year ended December 31, 2021, we reported a net loss attributable to common stockholders of SG Blocks, Inc.
+Added: of $2,132,527 and $ 10,832,674 , respectively, and used $5,362,545 and $ 662,759 of cash for operations, respectively.
If we are not successful with our efforts to increase revenue, we could experience a shortfall in cash over the next twelve months.
8 unchanged sentences
Any of the above limitations could force us to significantly curtail or cease our operations, and you could lose all of your investment in our common stock.
−Removed: These circumstances have raise substantial doubt about our ability to continue as a going concern, and continued cash losses may risk our status as a going concern.
+Added: These circumstances have raised substantial doubt about our ability to continue as a going concern, and continued cash losses may risk our status as a going concern.
Our consolidated financial statements do not include any adjustments that might be necessary should we be unable to continue as a going concern.
1 unchanged sentence
A few customers have in the past, and may in the future, account for a significant portion of our revenues in any one year or over a period of several consecutive years.
−Removed: For example, for the three months ended March 31, 2022 approximately 90% of our revenue was generated from two customers and for the year ended December 31, 2021, approximately 80% of our revenue was generated from one customers.
+Added: For example, for the six months ended June 30, 2022 approximately 90% of our revenue was generated from two customers and for the year ended December 31, 2021, approximately 80% of our revenue was generated from one customers.
Although we have contractual relationships with many of our significant customers, our customers may unilaterally reduce or discontinue their contracts with us at any time.
6 unchanged sentences
Any negative impacts to our business or liquidity could adversely impact our ability to establish or maintain these relationships.
−Removed: For the three months ended March 31, 2022 and for the year ended December 31, 2021, there were no vendors, which represented 10% or more of our cost of revenue.
+Added: For the six months ended June 30, 2022 and 2021, cost of revenue relating to one and three vendors represented approximately 10% and 48% of the Company's total cost of revenue, respectively.
Our clients may adjust, cancel or suspend the contracts in our backlog;
4 unchanged sentences
We include in backlog only those contracts for which we have reasonable assurance that the customer can obtain the permits for construction and can fund the construction.
−Removed: As of December 31, 2021, our backlog totaled approximately $3.2 million and as of March 31, 2022, our backlog totaled approximately $7.6 million.
+Added: As of December 31, 2021, our backlog totaled approximately $3.2 million and as of June 30, 2022, our backlog totaled approximately $4.1 million.
Our backlog is described more in detail in “Note 11—Construction Backlog” of the notes to our consolidated financial statements included elsewhere in this Quarterly Report.
9 unchanged sentences
The issuance of shares of our common stock upon the exercise of outstanding options, warrants and restricted stock units may dilute the percentage ownership of the then-existing stockholders and may make it more difficult to raise additional equity capital.
−Removed: At March 31, 2022, there were restricted stock units, options and warrants to purchase of 2,245,186, 36,436 and 2,025,520, respectively, outstanding that could potentially dilute future net income per share.
−Removed: Because we had a net loss as of March 31, 2022, we are prohibited from including potential shares of common stock in the computation of diluted per share amounts.
+Added: At June 30, 2022, there were restricted stock units, options and warrants to purchase of 757,450, 36,436 and 2,025,520, respectively, outstanding that could potentially dilute future net income per share.
+Added: Because we had a net loss as of June 30, 2022 , we are prohibited from including potential shares of common stock in the computation of diluted per share amounts.
Accordingly, we used the same number of shares outstanding to calculate both the basic and diluted loss per share.
−Removed: At March 31, 2021, there were options, including options to non-employees and non-directors, restricted stock units and warrants to purchase 36,436, 884,343 and 128,090 shares of common stock, respectively, outstanding that could potentially dilute future net income per share.
+Added: At June 30, 2021 , there were options, including options to non-employees and non-directors, restricted stock units and warrants to purchase 36,436, 884,343 and 126,890 shares of common stock, respectively, outstanding that could potentially dilute future net income per share.
Unregistered Sales of Equity Securities and Use of Proceeds
4 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.