7 unchanged sentences
We are currently not profitable, and we may be unable to become profitable on a quarterly or annual basis.
−Removed: For the year ended December 31, 2023, we had a loss from continuing operations of $45,685,000 .
−Removed: W e cannot assure that we will be profitable in the future or that our financial performance will sustain a sufficient level to completely support operations.
−Removed: Our ability to become profitable in future periods could be impacted by government activity and regulation, economic instability and other items that are not in our control.
−Removed: A significant portion of our expenses are fixed in advance.
−Removed: In addition, we have experienced and expect to continue to experience significant expenses related to acquisitions and the development of new products and services.
+Added: For the year ended December 31, 2024, we had a net loss of $61,410,000 .
+Added: We have experienced and expect to continue to experience significant expenses related to acquisitions and the development of new products and services.
+Added: Although we have deliberately incurred losses in the past as we worked to develop, test and popularize our products and services, a significant portion of our expenses are fixed in advance and we cannot assure that we will be profitable in the future or that our financial performance will sustain a sufficient level to completely support operations.
+Added: Our ability to become profitable in future periods could be impacted by factors that are not in our control, including government activity and regulation, economic instability and other items.
Our success as a technology-based company focused on roadway intelligence will require us to generate sufficient new revenues from the roadway intelligence market to support our business plan while continuing to operate as a public company.
1 unchanged sentence
The market for certain of our solutions is new and unproven, may decline or experience limited growth and is dependent in part on our ability to attract new customers to adopt our platform and use our services.
−Removed: The market for an ecosystem that connects government agencies, service providers and, ultimately, drivers is relatively new and some aspects of it are unproven, therefore, it is subject to several risks and uncertainties.
+Added: The market for an ecosystem that connects government agencies, service providers and, ultimately, drivers is relatively new and some aspects of it are unproven.
+Added: As a result, it is subject to several risks and uncertainties.
We believe that our future success will significantly depend in large part on the growth, if any, of this market.
The use of advanced vehicle recognition systems and marketplace data to obtain data on vehicles, drivers and the environment is still relatively new and potential customers may not recognize the need for, or benefits of, our platform and solutions.
−Removed: Moreover, if they do not recognize the need for and benefits of our platform and solutions, they may decide to adopt alternative services to satisfy some portion of their business needs.
+Added: They also may have difficulty understanding or have misconceptions about the technologies we use.
+Added: This could cause them to move cautiously in deploying our products and services or choose other vendors or providers who might appear to offer similar products.
Our ability to expand the market that our platforms and solutions address depends upon a number of factors, including the cost, performance and perceived value associated with them.
4 unchanged sentences
Any failure of these partners to perform can have a negative impact on our cost or supply of components or finished goods.
−Removed: In addition, manufacturing or logistics in these locations or transit to final destinations can be disrupted for a variety of reasons, including natural and man-made disasters, information technology system failures, commercial disputes, military actions, economic, business, labor, environmental, public health or political issues, or international trade disputes.
+Added: In addition, manufacturing or logistics in these locations or transit to final destinations can be disrupted or become more costly for a variety of reasons, including international trade disputes, natural and man-made disasters, information technology system failures, commercial disputes, military actions, and economic, business, labor, environmental, public health or political issues.
Our internal investments and go-to-market strategy may place downward pressure on our operating margins.
37 unchanged sentences
These efforts require us to educate our clients about the use and benefit of our services, including the technical capabilities and potential cost savings to an organization.
−Removed: Commercial clients typically undertake a significant evaluation and pilot testing process that has in the past, resulted in lengthy sales cycles, typically several months.
−Removed: We spend substantial time, effort and money on our commercial sales efforts without any assurance that these efforts will produce any sales.
−Removed: In addition, subscriptions are frequently subject to budget constraints and unplanned administrative, processing and other delays.
+Added: Both governmental and commercial clients typically undertake a significant evaluation and pilot testing process that has in the past resulted in lengthy sales cycles, typically several months.
+Added: Government oversight and alignment of operational needs and political support may also introduce delay.
+Added: We may spend substantial time, effort and money on our sales efforts without any assurance that these efforts will produce any sales.
+Added: In addition, sales and subscriptions are frequently subject to budget constraints and unplanned administrative, processing and other delays.
If sales expected from a specific client for a particular reporting period are not realized in that period or at all, our results could fall short of expectations and our business, operating results and financial condition could be adversely affected.
31 unchanged sentences
Any adjustments will affect our reported financial results.
−Removed: Our operating results may be harmed if we are required to collect sales or other related taxes for our licensing and subscription products and services or pay regulatory fees in jurisdictions where we have not historically done so.
+Added: Our operating results may be harmed if we are required to collect sales or other related taxes or duties for our licensing and subscription products and services or pay regulatory fees in jurisdictions where we have not historically done so.
Primarily due to the nature of our cloud-based services in certain states and countries, we do not believe we are required to collect sales or other related taxes from our customers in certain states or countries.
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or global economy or in our ability to provide customers with a sustained level of support could result in our customers using fewer products and services or becoming unable to pay us for our services on a timely basis or at all, which would materially adversely affect our business.
−Removed: Because demand for our solutions and services are sensitive to changes in the level of economic activity, our business may suffer during economic downturns.
+Added: Because demand for our solutions and services is sensitive to changes in the level of economic activity, our business may suffer during economic downturns.
During periods of weak economic growth or economic contraction, the demand for outsourced services could decline.
105 unchanged sentences
The price per share at which we may sell additional shares of our common stock or other securities convertible into or exchangeable for our common stock in future transactions may be higher or lower than the price per share paid by investors.
+Added: On February 10, 2025, we entered into an At Market Issuance Sales Agreement pursuant to which we may, from time to time, offer and sell shares of our common stock having an aggregate offering price of up to $25,000,000.
+Added: As of March 28, 2025, we issued 5,148,600 shares under the Sales Agreement.
We do not intend to pay dividends on our common stock for the foreseeable future.
20 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.