Risk Factors Update Summary

• Operating losses increased significantly from $81.5 million to $243.4 million.
• Significant increase in solar energy systems supplied by Hanwha Q-Cells and Canadian Solar.
• Defaulting customers decreased from 0.9% to [new value], improving financial stability.
• Changes in financial services industry could impact liquidity, affecting access to capital and operations.
• Net losses increased from $130.3 million to $502.4 million.
• Potential disruptions due to cybersecurity threats and hardware failures could harm revenues.
• Customers now make monthly payments throughout the contract, increasing revenue predictability.
• Dependence on dealer network highlighted, with 28% of net originations from Trinity.
• Expansion into new industry verticals planned, with potential impact on profitability.
• Non-solar customer agreements may have higher delinquency rates, impacting revenue diversification.
• Increased competition for dealers based on payment timing and financial ability.
• Average FICO score increased from 739 to 741, potentially reducing credit risk slightly.