Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Commenced commercial shipments of Revio in the first quarter of 2023, expecting to commence shipments of Onso in the third quarter of 2023.
  • Outstanding approximately $459.0 million in aggregate principal amount of 1.50% convertible senior notes due 2028 and $441.0 million in aggregate principal amount of 1.375% convertible senior notes due 2030.
  • Leadership transitions since 2020, including new President and CEO, CFO, COO, CCO, CAO, and Chair of the Board.
  • Increased competition with new entrants like Ultima Genomics, Element Biosciences, and Singular Genomics.
  • Changes in customer revenue concentration, with no single customer accounting for 10% or more of total revenue in 2023.
  • Risks related to geopolitical tensions, such as political uncertainty in the Middle East and the war in Ukraine.
  • Increased focus on environmental, social, and governance (ESG) practices to align with evolving stakeholder expectations.

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=1299130&owner=exclude

Click here to download the PDF

This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.