Risk Factors Update Summary
- Failure to attract, train, retain, and motivate key employees could disrupt operations and harm strategy execution.
- Compliance with stringent laws and regulations is critical. Failure to comply could result in penalties, increased costs, or harm business operations.
- Our business could be negatively affected by cyber breaches, threats, or other disruptions. This could result in unauthorized disclosure of sensitive information.
- Changes in pricing structures could adversely impact business, financial condition, and results of operations.
- Increased scrutiny of ESG factors could impact our operations and growth prospects.
- Failure to renew customer subscriptions could harm future financial results. Renewals are crucial for maintaining or improving operations.
- Reliance on third-party technology licenses poses risks. Inability to license technology may harm margins and operations.
- Addition of 25 new risk factors indicates a significant increase in identified risks.
- Dependence on U.S. government contracts poses risks. Changes in funding or contract terminations could adversely impact revenues.
- Global climate-related risks may negatively impact operations due to climate change considerations.
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=320121&owner=exclude
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