Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Change from "emerging growth company" to complying with auditor attestation requirements may impact stock attractiveness.
  • Sales to Costco increased from 24% to 53% of total net sales as of December 31, 2022 to 2023.
  • Change from LIBOR to Secured Overnight Financing Rate could impact income from investments.
  • Private label coconut water and coconut oil supply relationship discontinued with significant customer.
  • Ownership concentration decreased from over 50% to 30% of outstanding shares.
  • Increased costs due to climate change affecting operations and delivery, impacting financial results.
  • Change from "emerging growth company" to large accelerated filer may affect financial reporting.

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=1482981&owner=exclude

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