Risk Factors Update Summary
- Increased compliance costs and risks due to U.S. and foreign privacy laws. This could adversely affect financial condition.
- Cybersecurity risks highlighted, including potential breaches impacting operations, reputation, and financials.
- Potential impact on profitability due to regulatory compliance risks related to mobile device sales.
- Restructuring initiatives announced in 2022 and 2023 to achieve growth and efficiency.
- Risks associated with reduced business from third parties, impacting revenues and profits.
- Technology advancements crucial for competitive position; failure may impact operations and financials.
- Increased competition with insurance, warranty, and financial services companies, affecting revenues.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1267238&owner=exclude
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