Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The rapid evolution and increased adoption of artificial intelligence technologies may intensify cybersecurity risks.
  • Research and development costs increased from $38.2 million to $40.1 million in 2023.
  • Revenue from international markets accounted for 21% in each of 2023, 2022, and 2021.
  • Manufacturing facilities increased from 9 to 10, with locations in Minnesota, North Carolina, and New Hampshire.
  • Common stock traded as high as $61 and as low as $22 in 2023.
  • Market volatility may be influenced by public response, research reports, lawsuits, and accounting changes.
  • Stock price fluctuations are attributable to inconsistent trading levels and market events.

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=1443669&owner=exclude

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