Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Added risk related to disruptions in transportation network, specifically mentioning the Middle East conflict.
  • Disclosed the threat of litigation in Germany and China, impacting importation and profitability.
  • If disruptions in transportation network continue, shipping costs increase, net revenue and gross margin could decrease.
  • Highlighted the impact of reduced inventory levels on transportation systems, emphasizing the need for effective functioning.
  • Noted the potential harm to business and reputation from cybersecurity incidents and vulnerabilities.
  • Changes in trade policy, including tariffs, may adversely impact business, results, and system security.
  • Increased focus on trade policy risks, including tariffs and geopolitical tensions impacting profitability.
  • Mentioned the importance of evolving hardware to software-related services and potential market share loss.
  • Reduction in inventory levels may lead to delayed or lost sales, impacting revenue and brand reputation.
  • Addressed cybersecurity risks associated with third-party software, emphasizing potential harm to business and reputation.

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=1122904&owner=exclude

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