Risk Factors Update Summary
- Inventory balances decreased from $5,261,000 in 2021 to $2,597,000 in 2023.
- In 2023, three customers accounted for over 10% of net sales, with the largest at 52%.
- The number of customers accounting for over 10% of trade accounts receivable decreased from two to one.
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=942126&owner=exclude
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