Risk Factors Update Summary
- Revenue generated outside the U.S. decreased from 56% to 51%, with a total revenue of $186 million.
- Outstanding indebtedness increased from $98 million to $172 million as of March 31, 2024.
- Project-related revenue recognized over time increased from 37% to 39% of total revenue.
- The U.S. Dollar strengthened, negatively impacting revenue by $4.3 million during fiscal 2024.
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.
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