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"We have incurred operating losses in the past, anticipate increasing our operating expenses, expect to incur operating losses in the future and may never achie

"We have incurred operating losses in the past, anticipate increasing our operating expenses, expect to incur operating losses in the future and may never achieve or maintain profitability." Says it all, really.

tehlike 8y ago
This is standard statement on many s1s.
avree 8y ago
This is standard and required language by the SEC for each IPO prospectus for companies without a clear history of profitability.
whoisjuan 8y ago
Dude. All S-1s say that. I haven't read the first one that didn't.