8 unchanged sentences
We have a limited operating history upon which investors may rely in evaluating our business and prospects.
−Removed: We have generated limited revenues to date, and as of March 31, 2022, we had an accumulated deficit of approximately $344 million.
+Added: We have generated limited revenues to date, and as of June 30, 2022, we had an accumulated deficit of approximately $351 million.
Our ability to generate revenues and achieve profitability will depend on our ability to execute our business plan, complete the development and approval of our technology, incorporate the technology into products that customers wish to buy, and, if necessary, secure additional financing.
46 unchanged sentences
The effects of state executive orders, local shelter-in-place orders, government-imposed quarantines and our work-from-home policies could negatively impact productivity, disrupt our research and development or other operations and delay the planned launch of our customers’ new products that incorporate our technology, the magnitude of which will depend, in part, on the length and severity of the continuing restrictions and other limitations on our ability to conduct our business in the ordinary course.
−Removed: Several vaccines have been approved for use since the fourth quarter of 2020, with vaccination rates increasing through the first quarter of 2022.
+Added: Several vaccines have been approved for use since the fourth quarter of 2020, with vaccination rates increasing through the first half of 2022.
Several new variants of COVID-19 have emerged and may be more transmissible than other variants.
47 unchanged sentences
The consumer electronics industry in general, and the charging segments in particular, are subject to intense competition and rapidly evolving technologies.
−Removed: Because products incorporating our technology are expected to have
−Removed: long development cycles, we must anticipate changes in the marketplace and the direction of technological innovation and customer demands.
+Added: Because products incorporating our technology are expected to have long development cycles, we must anticipate changes in the marketplace and the direction of technological innovation and customer demands.
To compete successfully, we will need to demonstrate the advantages of our products and technologies over established alternatives and other emerging methods of power delivery.
38 unchanged sentences
Our strategic relationship with Dialog, a provider of electronics products, has been terminated, and there can be no assurance that we will find a suitable replacement or be able to conduct the same activities internally.
−Removed: We were historically party to a Alliance Agreement with Dialog, a provider of electronics products, pursuant to which we licensed our WattUp technology to Dialog and it became the exclusive provider of our technology.
+Added: We were historically party to an Alliance Agreement with Dialog, a provider of electronics products, pursuant to which we licensed our WattUp technology to Dialog and it became the exclusive provider of our technology.
In November 2021, we were informed that Dialog was acquired by the Japanese chipmaker, Renesas Electronics, and that Dialog, under the control of Renesas Electronics would not be continuing our relationship.
As we transfer our supply chains away from Dialog, we have been developing our own internal capabilities and are partnering once again with the foundry partner that supported our manufacturing process before we entered into the Alliance Agreement.
−Removed: While have seen no major impact to-date as a result of the termination of our relationship with Dialog, the process of transferring our supply chains away from Dialog may result in manufacturing delays, increases in manufacturing or sales costs or reduced revenues.
+Added: While we have seen no major impact to-date as a result of the termination of our relationship with Dialog, the process of transferring our supply chains away from Dialog may result in manufacturing delays, increases in manufacturing or sales costs or reduced revenues.
Risks Related to Our Intellectual Property and Other Legal Risks
173 unchanged sentences
If one or more of these analysts cease coverage of our company or fail to regularly publish reports on us, we could lose visibility in the financial markets, which could cause our stock price or trading volume to decline.
−Removed: Sales of Unregistered Securities;
+Added: Sales of Unregistered Securiti es;
Use of Proceeds
3 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.