Latest Annual Report
Filed: 2026-04-16
Key Insights
- The company has accumulated significant debt, with over $700 million in convertible notes and promissory notes payable as of December 31, 2025.
- The company plans to acquire JT Technologies LLC in early 2023, which could provide strategic benefits but also introduces integration and execution risks.
- The company has raised additional capital through stock purchase agreements in 2023 and 2024, which have diluted existing shareholders.