Risk Factors Update Summary
- Cybersecurity risks increased with potential cyberattacks and security breaches, exposing operations to disruptions.
- Increased customer concentration with the top three customers now representing approximately 21% of total revenue.
- Expansion of joint ventures globally, including new regions with evolving regulatory frameworks, increasing cybersecurity risks.
- Potential adverse effects from disruptions in oil and gas markets, leading to significant increases in energy prices.
- Ongoing investments in information technology systems to meet business needs and improve customer experience.
- Risks associated with substantial debt, including limitations on business activities and potential default scenarios.
- Changes in tax liabilities and attributes from acquisitions may adversely impact business revenues and 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=1297996&owner=exclude
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