Risk Factors Update Summary
- Increased regulatory requirements may impose significant climate-related reporting obligations, including GHG emissions and financial metrics.
- The company acquired 3 additional companies, bringing the total acquisitions to 19 since January 1, 2020.
- The percentage of total revenues from the Assessment, Permitting, and Response segment dropped from 43% to 32%.
- The company's total indebtedness decreased from $166.3 million to $164.5 million as of December 31, 2023.
- The company experienced higher inflation rates impacting direct travel and labor costs in 2023.
- Net losses of $30.9 million and $31.8 million were incurred for the fiscal years ended December 31, 2023 and 2022, respectively.
- The company's accumulated deficit increased to $210.4 million as of December 31, 2023.
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=1643615&owner=exclude
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