Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Identified material weaknesses in two areas, partially remediated, affecting ICOFR for the year ended December 31, 2023.
  • Increased indebtedness due to RideNow and Freedom Transactions, impacting business flexibility and interest expense.
  • Seasonality affects revenue, with sales strongest in spring and summer quarters, impacting financial results.

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=1596961&owner=exclude

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