Risk Factors Update Summary
- Restrictions by advertising platforms may decrease sales and market presence, impacting financial results.
- Accumulated deficit increased from $61 million to $69 million, affecting financial condition.
- Revenue growth is not expected to be exponential as in prior years, impacting financials.
- Direct-to-consumer sales heavily rely on advertising platforms; restrictions could reduce sales significantly.
- Loss of key personnel, including CFO, could adversely affect operating results.
- Sale of personal security devices is crucial for revenue; disruptions in advertising may impact sales.
- Delays in component delivery due to industry shortages may harm operations profitability.
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=1354866&owner=exclude
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