−Removed: There were no material
−Removed: changes from the risk factors set forth under Part I, Item 1A., “Risk Factors” in our Annual Report on Form 10-K for
−Removed: the fiscal year ended December 31, 2022.
−Removed: You should carefully consider the risk factors set forth in our Annual Report on Form
−Removed: 10-K for the fiscal year ended December 31, 2022, as well as other reports and statements that we file and have filed with the
−Removed: SEC, in addition to the other information set forth in this report which could materially affect our business, financial condition
−Removed: or future results.
−Removed: The risks and uncertainties described in this report and in our Annual Report on Form 10-K for the year ended
−Removed: December 31, 2022, as well as other reports and statements that we file with the SEC, are not the only risks and uncertainties
−Removed: Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also have
−Removed: a material adverse effect on our financial position, results of operations or cash flows.
+Added: Except as set forth
+Added: below, there were no material changes from the risk factors set forth under Part I, Item 1A., “Risk Factors” in our
+Added: Annual Report on Form 10-K for the fiscal year ended December 31, 2022.
+Added: You should carefully consider the risk factors set forth
+Added: in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as well as other reports and statements that we
+Added: file and have filed with the SEC, in addition to the other information set forth in this report which could materially affect our
+Added: business, financial condition or future results.
+Added: The risks and uncertainties described in this report and in our Annual Report
+Added: on Form 10-K for the year ended December 31, 2022, as well as other reports and statements that we file with the SEC, are not the
+Added: only risks and uncertainties facing us.
+Added: Additional risks and uncertainties not currently known to us or that we currently deem
+Added: to be immaterial may also have a material adverse effect on our financial position, results of operations or cash flows.
+Added: be delisted from Nasdaq, which could seriously harm the liquidity of our stock and our ability to raise capital.
+Added: have had in the past, and may in the future, have difficulty satisfying Nasdaq listing requirements for our common stock.
+Added: currently not in compliance with Nasdaq listing requirements, specifically the minimum bid price requirement, and must regain compliance
+Added: prior to April 15, 2024.
+Added: If we are unable to regain such compliance, we will cease to be eligible to trade on Nasdaq.
+Added: In such event:
+Added: ● We may have to pursue trading on a less recognized or accepted market, such as the OTC Bulletin
+Added: Board or the “pink sheets.”
+Added: ● Shares of our common stock could be less liquid and marketable, thereby reducing the ability of
+Added: stockholders to purchase or sell our shares as quickly and as inexpensively as they have done historically.
+Added: If our stock is traded
+Added: as a “penny stock,” transactions in our stock would be more difficult and cumbersome.
+Added: ● We may be unable to access capital on favorable terms or at all, as companies trading on alternative
+Added: markets may be viewed as less attractive investments with higher associated risks, such that existing or prospective institutional
+Added: investors may be less interested in, or prohibited from, investing in our common stock.
+Added: This may also cause the market price of
+Added: our common stock to decline.
Unregistered Sales of Equity
−Removed: Securities and Use of Proceeds
+Added: Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
Defaults Upon Senior Securities
1 unchanged sentence
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.