Risk Factors Update Summary
- Sales dependency on new products and software titles increased from 34% to 38%.
- Cost reduction measures undertaken due to challenging economic environment highlighted by high inflation.
- Leadership turnover risks could adversely affect strategic plan execution and pursuit of new opportunities.
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.
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