Risk Factors Update Summary
- Our business faces risks from severe weather events and natural disasters globally, impacting supply chain.
- Addition of various factors affecting demand for products, including retail electricity prices and component availability.
- Material weaknesses in internal controls could lead to significant damage to products and equipment.
- Inclusion of competition details and potential price competition impact, intensifying competition in solar tracker markets.
- Climate change effects may increase frequency and severity of events, impacting business operations.
- Increased competition from conventional energy sources, potentially offering lower-priced products, affecting average selling prices.
- Addition of risks related to steel pricing volatility impacting profitability and financial results.
- Introduction of risks related to global trade environment changes and potential decreased demand for products.
- Inclusion of risks related to regulatory changes impacting demand for products and financial results.
- Addition of risks related to information technology failures and cybersecurity attacks affecting operations and financial results.
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=1820721&owner=exclude
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