Risk Factors Update Summary
- Stryve's net losses decreased from $33.2 million in 2022 to $19.0 million in 2023.
- Stryve's outstanding debt obligations decreased from $32.0 million to $11.0 million.
- Stryve's reliance on a limited number of vendors poses risks, especially if suppliers continue to face challenges.
- Stryve's accumulated deficit increased from approximately $117.3 million to $136 million.
- Stryve may not be able to compete successfully in the highly competitive meat snacks and total snacks industries.
- Stryve's outstanding indebtedness due within the next twelve months is $8.4 million.
- Stryve may face difficulties as it expands operations into new countries.
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=1691936&owner=exclude
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