Company – Scrape Financial

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Risk Factors Summary

Risk Factors Update Summary

  • Natural disasters, extreme weather conditions, or catastrophic events could negatively affect our operations. This change highlights potential risks to business continuity.
  • New or increased tariffs may be imposed by governments on imports, affecting costs. This change could lead to higher expenses and lower profit margins.
  • For fiscal year 2024, two customers comprised 26% of net sales, up from 16% in 2023. This change indicates increased reliance on fewer customers, raising risk exposure.
  • Pandemics and health crises could increase the cost of doing business or harm operations. This change emphasizes the ongoing risk of external disruptions impacting 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=796505&owner=exclude

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