Risk Factors Update Summary
- Sales to U.S. Government decreased from 49% to 37.5% of total sales in 2023.
- International procurement increased from 17% to 16% in 2023, with geopolitical risks highlighted.
- Inventory delays due to semiconductor shortages peaked in 2022, impacting future sales.
- Cybersecurity threats expanded to include advanced adversaries and emerging technologies.
- Quarterly stock price fluctuations ranged from $8.30 to $23.05 from 2020 to 2023.
- Patent applications increased from two approved to four approved and four pending in 2023.
- Quarterly operating results fluctuated significantly, unrelated to operating performance, impacting stock price.
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=2186&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.