6 unchanged sentences
Stock Performance Graph
+Added: The performance graph shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of PDF Solutions under the Securities Act, or the Exchange Act.
The following graph and tables compare the cumulative total stockholder return data for our stock since December 31, 2018, to the cumulative return over such period of (i) The Nasdaq Composite Index and (ii) The S&P 600 Information Technology (Sector) (TR) Index.
4 unchanged sentences
Unregistered Sales of Equity Securities
−Removed: The information required to be disclosed by paragraph (a) of Item 5 to Form 10-K has been included in a current report on Form 8-K and, therefore, is not furnished herein, pursuant to the last sentence in that paragraph.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: On June 4, 2020, the Company’s Board of Directors adopted a stock repurchase program (the “2020 Program”) to repurchase up to $25.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, including through Rule 10b5-1 plans, over the next two years.
−Removed: Through April 10, 2022, under the 2020 Program, the Company repurchased a total of 470,070 shares at an average price of $21.91 per share, for a total price of $10.3 million.
−Removed: On April 11, 2022, the Board of Directors terminated the 2020 Program, and adopted a new program (the “2022 Program”) to repurchase up to $35.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, from time to time, over the next two years.
+Added: On April 11, 2022, the Board of Directors adopted a new stock repurchase program (the “2022 Program”) to repurchase up to $35.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, from time to time, over the next two years.
During the year ended December 31, 2023, the Company repurchased 21,340 shares under the 2022 Program at an average price of $34.81 per share for an aggregate total price of $0.7 million.
−Removed: During the year ended December 31, 2022, the Company repurchased 714,600 shares under the 2022 Program at an average price of $23.36 per share for a total price of $16.7 million.
+Added: During the year ended December 31, 2022, the Company repurchased 714,600 shares under the 2022 Program at an average price of $23.36 per share for an aggregate total price of $16.7 million.
+Added: In total, the Company has repurchased 735,940 shares under the 2022 Program at an average price of $23.69 per share for an aggregate total price of $17.4 million.
There were no purchases made by or on behalf of the Company or any “affiliated purchaser” (as the term is defined in Rule 10b-18(a)(3) under the Exchange Act) of the Company’s common stock during the fourth quarter ended December 31, 2023.
−Removed: Selected Financial Data
−Removed: The following selected consolidated financial information has been derived from the audited consolidated financial statements.
−Removed: The information set forth below is not necessarily indicative of results of future operations and should be read in conjunction with Item 7.
−Removed: “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and notes to those statements included therein and in Part II of this Form 10-K.
−Removed: Year Ended December 31,
−Removed: (In thousands, except per share amounts)
−Removed: Consolidated Statements of Loss Data:
−Removed: Total revenues
−Removed: Costs and Expenses:
−Removed: Costs of revenues
−Removed: Research and development
−Removed: Selling, general and administrative
−Removed: Amortization of acquired intangible assets
−Removed: Restructuring charges
−Removed: Write-down in value of property and equipment
−Removed: Interest and other expense (income), net
−Removed: Income (loss) before income taxes
−Removed: Income tax expense (benefit)
−Removed: Net loss per share, basic and diluted
−Removed: Weighted average common shares used to calculate net loss per share, basic and diluted
−Removed: (In thousands)
−Removed: Consolidated Balance Sheets Data:
−Removed: Cash, cash equivalents and short-term investments
−Removed: Working capital
−Removed: Long-term obligations
−Removed: Total stockholders’ equity
−Removed: (1) In December 2020, we completed the acquisition of Cimetrix Incorporated (“Cimetrix”).
−Removed: Payments made for this acquisition, net of cash acquired, amounted to $3.1 million and $28.6 million in fiscal 2021 and 2020, respectively, or total payments of $31.6 million, for all of the outstanding equity of Cimetrix.
−Removed: The Consolidated Statements of Comprehensive Loss Data for fiscal 2022, 2021 and 2020 also include results of operations of Cimetrix since acquisition date.
−Removed: For further information about this acquisition, see Note 4 of “Notes to Consolidated Financial Statements” (Item 8 of Part II of this Annual Report).
−Removed: (2) On July 29, 2020, we entered into a strategic partnership with Advantest, which includes, among others, a Securities Purchase Agreement wherein we issued and sold to Advantest America, Inc., an aggregate of 3,306,924 shares of our common stock, at a purchase price of $19.7085 per share, for aggregate gross proceeds of $65.2 million, on July 30, 2020.
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.