Risk Factors Update Summary
- Risks related to global semiconductor supply shortages and weak economic conditions could adversely affect business, financial condition, and results of operations.
- Uncertain macroeconomic conditions could adversely affect forecasting and ordering patterns of customers.
- Increased volatility due to supply shortage and longer lead times may harm financial results.
- Sales to customers in Asia accounted for approximately 79% of total revenue in fiscal year 2024.
- Revenue from top 10 customers accounted for approximately 51% of total revenue in fiscal year 2024.
- Failure to manage changes in customer expectations effectively could diminish demand for products.
- Increased competition may result in price pressure and impact financial performance.
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=1280263&owner=exclude
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