Risk Factors Update Summary
- Developments in the Middle East and rising tensions between China and Taiwan were added as geopolitical risks.
- Net revenues generated outside the United States decreased from 75.1% in 2021 to 73.4% in 2023.
- The war in Ukraine impacted consolidated net revenues, with Russia declining from 4.2% to 0.9%.
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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