Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Revenue from Service Agreements increased from 24% to 49% of total revenue in 2023.
  • An impairment charge of $175 million was recorded in 2023, compared to $88 million in 2022.
  • Operating expenses for the year ended December 31, 2023, were $224.0 million, down from $369 million in 2022.
  • Net losses on foreign currency transactions were $6.9 million in 2023, compared to gains of $6.4 million in 2022.
  • The principal balance of debt obligations was $398.7 million in 2023, compared to $369.5 million in 2022.
  • Thermo owned approximately 58% of outstanding common stock in 2023, down from 60% in 2022.

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=1366868&owner=exclude

Click here to download the PDF

This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.