Risk Factors Update Summary
- Sales to top ten customers decreased from 74% to 72% of total revenue in 2023.
- Labor shortages may impact operations as industry faces worker shortage, affecting growth.
- Cyber-attacks pose a risk to IT and OT systems, potentially impacting business operations.
- Increased regulations on plastic waste and environmental claims may impact business economics.
- Failure to meet ESG goals may hinder access to capital and impact business reputation.
- Supply chain disruptions led to inflation, impacting gross margin and future operating results.
- Financial projections based on estimates, inaccuracies may affect future profitability and stock price.
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=1786431&owner=exclude
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