Company – Scrape Financial

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Risk Factors Summary

Risk Factors Update Summary

  • Geopolitical instability could lead to unavailability, shortages, or higher costs of raw materials. This change might result in increased operational costs.
  • Our accounts receivable balance from Walmart as of June 30, 2024, was $26 million, down from $33 million in 2023. This change indicates a potential decline in sales.
  • Cyber attacks and data breaches could have a material adverse effect on our business, results of operations, and financial condition. This change highlights increasing cybersecurity risks.
  • We may face significant remediation costs related to potential environmental liabilities in the future. This change emphasizes regulatory compliance risks that could impact financial stability.

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=57515&owner=exclude

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