PMVC — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-14

• We are no longer an emerging growth company and are now subject to increased reporting requirements, which may increase our costs and require additional management time and resources..

• We were previously an “emerging growth company” until December 31, 2025. As a result of the expiration of our emerging growth company status, we are no longer permitted to take advantage of certain exemptions from various reporting requirements that were available to emerging growth companies.

• As a result, we are now subject to increased disclosure and compliance requirements, which may increase our legal, accounting, audit, insurance, and other compliance costs. In particular, we may be required to comply with the auditor attestation requirements of Section 404(b) of the Sarbanes-Oxley A…

• These additional requirements may increase our compliance costs and the time and effort required of our management and other personnel. The increased costs and management attention associated with compliance with these requirements could adversely affect our business, financial condition, and result…

• Additionally, we qualify as a “smaller reporting company,” as defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, and the rules of the U.S. Securities and Exchange Commission. As a smaller reporting company, we are permitted to provide reduced disclosure in our filings with …

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• We are an emerging growth company within the meaning of the Securities Act, and if we take advantage of certain exemptions from disclosure requirements available to emerging growth companies, this could make our securities less attractive to investors and may make it more difficult to compare our pe…

• We are an “emerging growth company” within the meaning of the Securities Act, as modified by the JOBS Act, and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies, including, but not limi…

• Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of…

• Additionally, we are a “smaller reporting company” as defined in Rule 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations, including, among other things, providing only two years of audited financial statements. We will remain a smalle…

• ●tax issues, such as tax law changes and variations in tax laws as compared to the United States;