NRDE Lordstown Motors Corp.

"As a result of these uncertainties, and notwithstanding management’s plans and efforts to date, there continues to be substantial doubt about our ability to continue as a going concern."

distress relevance: 0.82 market specificity: 1.00 score: 0.820 risk_factors

anchor: substantial doubt about our ability to continue as a going concern

"As a result of these uncertainties, and notwithstanding management’s plans and efforts to date, there continues to be substantial doubt about the Company’s ability to continue as a going concern."

distress relevance: 0.77 market specificity: 1.00 score: 0.766 mda

anchor: ability to continue as a going concern is uncertain

"We need substantial additional funding, however, our ability to obtain funding and the amount that we may raise is uncertain, and a lack of sufficient funding for our operations would have an adverse effect on our business."

distress relevance: 0.72 market specificity: 1.00 score: 0.717 risk_factors

anchor: we may need to raise additional capital to fund operations

"We and our auditors have identified conditions and events that raise doubt about our ability to continue as a going concern."

distress relevance: 0.68 market specificity: 1.00 score: 0.679 risk_factors

anchor: substantial doubt about our ability to continue as a going concern

"If we cannot raise additional funds when we need them, our financial condition and business could be materially adversely affected."

distress relevance: 0.68 market specificity: 1.00 score: 0.675 risk_factors

anchor: we may need to raise additional capital to fund operations

"As a result of these uncertainties, and notwithstanding management’s plans and efforts to date, there continues to be substantial doubt about our ability to continue as a going concern."

distress relevance: 0.82 market specificity: 1.00 score: 0.820 mda

anchor: substantial doubt about our ability to continue as a going concern

"However, we will be required to raise additional capital in order to execute our business plan well in advance of reaching commercial production of the Endurance."

distress relevance: 0.74 market specificity: 1.00 score: 0.738 mda

anchor: we may need to raise additional capital to fund operations

"In addition, such securities may have covenants that restrict our financial and operating flexibility."

distress relevance: 0.71 market specificity: 1.00 score: 0.707 risk_factors

anchor: our debt covenants restrict our ability to operate

"We and our auditors have identified conditions and events that raise doubt about our ability to continue as a going concern."

distress relevance: 0.68 market specificity: 1.00 score: 0.679 risk_factors

anchor: substantial doubt about our ability to continue as a going concern

"If we cannot raise additional funds when we need them, our financial condition and business could be materially adversely affected."

distress relevance: 0.68 market specificity: 1.00 score: 0.675 risk_factors

anchor: we may need to raise additional capital to fund operations

"Cash includes cash equivalents which are highly liquid investments that are readily convertible to cash."

distress relevance: 0.61 market specificity: 1.00 score: 0.608 mda

anchor: cash and cash equivalents declined significantly

"If the carrying amount of an asset or asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset or asset group exceeds the fair value of the asset or asset group."

distress relevance: 0.60 market specificity: 1.00 score: 0.603 mda

anchor: material impairment charges on our investment portfolio

"In addition to the potential to seek traditional sources of equity and debt capital, we are also pursuing governmental support."

distress relevance: 0.59 market specificity: 1.00 score: 0.594 mda

anchor: we may need to raise additional capital to fund operations

"We may also opportunistically seek external funding, even if we do not believe it is needed in the near-term, if it can be obtained on favorable terms and would support our growth."

distress relevance: 0.58 market specificity: 1.00 score: 0.580 mda

anchor: we may need to raise additional capital to fund operations

"We believe we have more than sufficient cash resources to support the activities described above and meet our projections, while maintaining a meaningful cushion for contingencies."

distress relevance: 0.58 market specificity: 1.00 score: 0.577 mda

anchor: our cash reserves may be insufficient to fund operations