Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • A reduction in force in fiscal year 2023 may impact operational efficiencies and costs.
  • Failure to comply with privacy laws, including CCPA, may result in fines up to $7,500 per violation.
  • Revenue growth rates may not be achieved, with net losses of $257.0 million and $407.8 million.
  • Privacy, data protection, and security laws impose conflicting obligations and compliance challenges.
  • Accumulated deficit increased to $1,494.6 million. Net losses and accumulated deficit are significant.
  • Increased financial accounting instability and armed conflicts pose risks to operations and financials.
  • A potential global security impact due to armed conflicts and sanctions could affect operations.

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=1477720&owner=exclude

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