Risk Factors Update Summary
- Total number of Base Customers increased to 8,602 as of January 31, 2024, from 7,002 as of January 31, 2023, showing a significant growth of 1,600 customers.
- Increase in directors' and officers' liability insurance may lead to higher costs impacting financials.
- Revenue for the years ended January 31, 2024, and 2023 was $579.9 million and $424.3 million, respectively, representing a growth rate of 37%.
- A reduction in workforce by approximately 7% across all areas of the company was conducted in the first quarter of fiscal year 2024.
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=1653482&owner=exclude
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