Company – Scrape Financial

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Risk Factors Summary

Risk Factors Update Summary

  • We derived below 1% of our total revenue in fiscal year 2024 from the DoD as a subcontractor. This change highlights reliance on government contracts.
  • Our management concluded that our internal control over financial reporting was ineffective as of September 30, 2024. This could lead to inaccurate financial statements.
  • The global economy has been negatively impacted by the ongoing conflict between Israel and Hamas. This could adversely affect our stock price and business 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=356037&owner=exclude

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