Risk Factors Update Summary
- Credit Agreement amended to increase revolving commitments from $30 million to $140 million.
- Term facility decreased from $86 million to $54 million, eliminating the term loan.
- Total principal outstanding increased from $70.2 million to $79.2 million as of December 31, 2023.
- Revenues from sales outside the Americas decreased from 42% to 39% in 2023.
- The company faces risks related to data privacy regulations, including GDPR and California Consumer Privacy Act.
- The company continues to invest in cybersecurity measures to address and mitigate cyber-related risks.
- The company plans to engage third-party risk monitoring services to monitor threat intelligence and vulnerabilities.
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=1371489&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.