Risk Factors Update Summary
- Addition of "cybersecurity" to risk factors, exposing us to compliance challenges and potential liability.
- Introduction of "several states enacting GDPR-like laws," increasing compliance challenges and administrative burden.
- Inclusion of "potential loss of intellectual property due to actions of employees," highlighting security risks.
- Mention of "30% of revenue generated outside North America in 2023," indicating significant international exposure.
- Disclosure of "reduced inventory carrying levels in 2023 compared to 2022," showing supply chain management adjustments.
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=68505&owner=exclude
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