−Removed: Market for Registrant's Common Equity, Related Stockholder Matters and Issuer
−Removed: Purchases of Equity Securities
−Removed: Our common stock is traded on the Nasdaq Global Market under the symbol “TLS”.
−Removed: As of December 31, 2020, there were
−Removed: approximately 231 registered shareholders of record, not including the number of persons or entities whose stock is held in nominee or "street" name through various brokerage firms.
−Removed: There was no public market for our common stock prior to November
−Removed: Performance Graph
−Removed: This performance graph shall not be deemed “soliciting material” or to be “filed”
−Removed: with the Securities Exchange Commission (“SEC”) for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by
−Removed: reference into any of our filings under the Securities Act or the Exchange Act.
−Removed: The following graph compares the cumulative total return to stockholders on our common stock since
−Removed: November 19, 2020 (the date our common stock commenced trading on the NASDAQ National Market) relative to the cumulative total returns of the Standard & Poor’s 500 Index and the Standard & Poor’s Information Technology Index over the same
+Added: Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Our common stock is traded on the Nasdaq Global Market under the symbol “TLS.” As of March 21, 2022, there were approximately 153 holders of record of Telos common stock.
+Added: The number of shareholders of record of our common stock may not be representative of the number of beneficial owners due to shares that may be held by depositories, brokers or nominees.
+Added: We did not sell any equity securities during the 12 months ended December 31, 2021, that were not registered under the Securities Act and were not previously disclosed on a Quarterly Report on Form 10-Q or a Current Report on Form 8-K.
+Added: For information regarding securities authorized for issuance under our stock-based compensation plan, see Note 12 - Stock-Based Compensation to the Consolidated Financial Statements contained in Item 8.
+Added: Stock Performance Graph
+Added: This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.
+Added: The following graph compares the total cumulative return to stockholders on our common stock since our IPO price of $17.00 on November 19, 2020 (the date our common stock commenced trading on the NASDAQ National Market) to two indices:
+Added: (i) the Standard & Poor’s 500 Index, and (ii) the Russell 2000 Index.
An investment of $100 (with reinvestment of all dividends) is assumed to have been made in our common stock and in each index at the market close on November 18, 2020, and its relative performance is tracked through December 31, 2021.
−Removed: returns shown are based on historical results and are not intended to suggest future performance.
−Removed: Selected Financial Data
−Removed: The following should be read in connection with the accompanying information presented in Item 7 and Item 8 of this Form
−Removed: OPERATING RESULTS
−Removed: Years Ended December 31,
−Removed: (amounts in thousands)
−Removed: Operating income (loss)
−Removed: Income (loss) income before income taxes
−Removed: Net income (loss) attributable to Telos Corporation
−Removed: FINANCIAL CONDITION
−Removed: As of December 31,
−Removed: (amounts in thousands)
−Removed: Senior term loan (1)
−Removed: Subordinated debt, long-term (1)
−Removed: Finance lease obligations, long-term (2)
−Removed: Operating lease obligations, long-term (2)
−Removed: Deferred income taxes, long-term (3)
−Removed: Senior redeemable preferred stock (4)
−Removed: Public preferred stock (4)
−Removed: See Note 6 to the Consolidated Financial Statements in Item 8 regarding our debt obligations.
−Removed: See Note 10 to the Consolidated Financial Statements in Item 8 regarding our lease obligations.
−Removed: See Note 9 to the Consolidated Financial Statements in Item 8 regarding our income taxes.
−Removed: See Note 7 to the Consolidated Financial Statements in Item 8 regarding our redeemable preferred stock.
+Added: The returns shown are based on historical results and are not intended to suggest future performance.
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.