Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Added insurance coverage for property, casualty, and other risks to mitigate costs exceeding existing coverages.
  • Highlighted risks of disruptive technologies like machine learning and AI, including operational errors and privacy concerns.
  • Increased focus on risks associated with global operations, with revenue from non-U.S. customers declining from 76% to 62%.
  • Noted potential disruptions in the global economy and supply chain due to conflicts and transportation challenges.
  • Disclosed changes in tax laws impacting the immediate expensing of R&D expenses and foreign-derived intangible income.
  • Mentioned risks associated with acquisitions and investments, including integration challenges and failure to realize synergies.
  • Highlighted risks related to cybersecurity, including increased vulnerabilities due to remote work and AI attacks.

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=103145&owner=exclude

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