Company – Scrape Financial

Insider Buys

This tool is in beta, validation in progress.
Score components and checks / are not accurate for every transaction yet.
Risk Factors Summary

Risk Factors Update Summary

  • Revenue increased from $67 million in 2022 to $71 million in 2023, indicating growth. This change might result in improved investor confidence.
  • Net loss rose from $15 million in 2022 to $18 million in 2023, raising concerns. This change might lead to increased scrutiny from investors.
  • Two clients represented 43% of total revenue in 2023, up from 40% in 2022, indicating reliance. This change could affect financial stability if client relationships falter.
  • The legal cannabis industry faces strong opposition, potentially impacting business operations and growth. This change highlights regulatory risks that could hinder expansion efforts.
  • The European energy crisis has escalated amid the Russia-Ukraine war, affecting operational costs. This change may lead to increased expenses and operational challenges.

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=1706524&owner=exclude

Click here to download the PDF

This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.