EVLV on Nasdaq

Evolv Technologies Holdings, Inc.

Computer peripheral equipment company, listed on Nasdaq (EVLV)1

In its 2026 annual report the company says: “Evolv Technologies Holdings, Inc., a Delaware corporation formed in 2021 is a leading security technology company pioneering Artificial Intelligence-powered screening solutions designed to help create safer environments while maintaining efficient visitor flow and a positive visitor experience. We serve customers across a range of end markets, including education, healthcare, sports, live entertainment, tourist attractions, houses of worship, and industrial workplaces.”4 It is headquartered in Waltham, Massachusetts.1

Price unavailable

Last updated Oct 20, 2026.

Overview

Compare with Planet Image International Ltd, RYB Education or MITEK SYSTEMS INC, or pick any stock.

  • TickerEVLV on Nasdaq1
  • IndustryComputer Peripheral Equipment, NEC1
  • HeadquartersWaltham, Massachusetts1
  • Business address500 Totten Pond Road, 4Th Floor, Waltham, Ma 024512
  • Filer categoryNon-accelerated filer2

Evolv Technologies Holdings, Inc., a Delaware corporation formed in 2021 (“we,” “us,” “our,” the “Company” and “Evolv”) is a leading security technology company pioneering Artificial Intelligence (“AI”)-powered screening solutions designed to help create safer environments while maintaining efficient visitor flow and a positive visitor experience. We serve customers across a range of end markets, including education, healthcare, sports, live entertainment, tourist attractions, houses of worship, and industrial workplaces. Our mission is to make the world a safer and more enjoyable place to live, work, learn, and play. Our goal is to help facility operators address escalating gun violence, mass shootings and terrorist attacks while maintaining a positive visitor experience.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

51.6%Gross margin5
-33.2%Operating margin5
-22.7%Net margin5
40.5%Revenue growth, 20255
-27.7%Return on equity5
0.24×Debt to equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription and Circulation brought in 57% of the revenue Evolv Technologies Holdings, Inc. broke down this way in fiscal 2025.

  1. Subscription and Circulation$83.8M557%up 29% from 2024
  2. SaaS, Maintenance and Other$29.4M520%up 25% from 2024
  3. Product$21.6M515%up 235% from 2024
  4. License Fee$8.1M56%up 12% from 2024
  5. Professional Services and Other Revenue$3.0M52%up 75% from 2024
Products and services by year
Products and services20242025
Subscription and Circulation$65.0M$83.8M
SaaS, Maintenance and Other$23.5M$29.4M
Product$6.5M$21.6M
License Fee$7.2M$8.1M
Professional Services and Other Revenue$1.7M$3.0M

Regions

United States brought in 96% of the revenue Evolv Technologies Holdings, Inc. broke down this way in fiscal 2025.

  1. United States$140.7M596%up 41% from 2024
  2. Outside the United States$5.3M54%up 36% from 2024
Regions by year
Regions20242025
United States$100.0M$140.7M
Outside the United States$3.9M$5.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue48¢$70.6M
  • Research and development14¢$20.6M
  • Other costs37¢$54.6M
  • Income tax0¢$62.0K

Out of $145.9M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$18.7M

Out of $18.7M of cash from operations.5

Financial statements

Revenue6785$145.9M in 2025+2611% since 2020
0$50.0M$100.0M$150.0M2020: $5.4M$5.4M20202021: $23.4M$23.4M2021+335%2022: $52.7M$52.7M2022+125%2023: $79.6M$79.6M2023+51%2024: $103.9M$103.9M2024+31%2025: $145.9M$145.9M2025+40%
Gross profit6785$75.3M in 2025+5596% since 2020
0$20.0M$40.0M$60.0M$80.0M2020: $1.3M$1.3M20202021: $4.0M$4.0M2021+205%2022: $1.4M$1.4M2022−65%2023: $31.9M$31.9M2023+2179%2024: $59.5M$59.5M2024+86%2025: $75.3M$75.3M2025+27%
Operating income6785-$48.5M in 2025+73% since 2020
-$150.0M-$100.0M-$50.0M02020: -$28.0M-$28.0M20202021: -$55.3M-$55.3M2021+97%2022: -$103.0M-$103.0M2022+86%2023: -$90.1M-$90.1M2023−13%2024: -$82.3M-$82.3M2024−9%2025: -$48.5M-$48.5M2025−41%
Net income6785-$33.1M in 2025+17% since 2020
-$150.0M-$100.0M-$50.0M02020: -$28.4M-$28.4M20202021: -$10.9M-$10.9M2021−62%2022: -$86.8M-$86.8M2022+697%2023: -$108.0M-$108.0M2023+24%2024: -$54.0M-$54.0M2024−50%2025: -$33.1M-$33.1M2025−39%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Total revenue$145.9M$103.9M
Total cost of revenue$70.6M$44.4M
Gross profit$75.3M$59.5M
Research and development$20.6M$23.4M
Sales and marketing$45.6M$60.6M
General and administrative$54.9M$56.6M
Restructuring costs$2.7M$860.0K
Loss on impairment of property and equipment$0$224.0K
Total operating expenses$123.8M$141.8M
Loss from operations-$48.5M-$82.3M
Interest expense-$1.7M$0
Interest income$1.5M$2.9M
Other income (expense), net$99.0K-$83.0K
Change in fair value of contingent earn-out liability$12.4M$16.3M
Change in fair value of contingently issuable/returnable common stock liability/asset$2.6M$2.5M
Change in fair value of public warrant liability$435.0K$6.6M
Total other income, net$15.4M$28.3M
Loss before income taxes-$33.1M-$54.0M
Provision for income taxes$62.0K$0
Net loss-$33.1M-$54.0M
Weighted average common shares outstanding - basic (in shares)168.4M shares156.6M shares
Weighted average common shares outstanding - diluted (in shares)168.4M shares156.6M shares
Net loss per share - basic (in dollars per share)-$0.20-$0.34
Net loss per share - diluted (in dollars per share)-$0.20-$0.34
Cumulative translation adjustment-$109.0K$21.0K
Total other comprehensive (loss) income-$109.0K$21.0K
Total comprehensive loss-$33.2M-$54.0M

Compare Evolv Technologies Holdings, Inc. with another company

Corporate structure

Evolv Technologies Holdings, Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Evolv Technologies Holdings, Inc.

  • BlackRock Filed SCHEDULE 13G/A on Evolv Technologies Holdings, Inc., latest Jul 28, 2026 (3 filings since Oct 24, 2024)
  • General Catalyst Group Management Holdings GP, LLC Filed SCHEDULE 13G/A on Evolv Technologies Holdings, Inc., latest Apr 17, 2026 (3 filings since Feb 15, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Evolv Technologies Holdings, Inc., latest Mar 26, 2026 (4 filings since Nov 4, 2024)
  • Gates Frontier, LLC Filed SCHEDULE 13G/A on Evolv Technologies Holdings, Inc., latest Sep 22, 2025 (2 filings since Feb 13, 2023)
  • Data Collective IV, L.P. Filed SCHEDULE 13D/A on Evolv Technologies Holdings, Inc., latest Aug 22, 2025 (2 filings since Nov 17, 2023)
  • Stoic Point Capital Management LLC Filed SCHEDULE 13D/A on Evolv Technologies Holdings, Inc., latest Aug 19, 2025 (5 filings since Nov 7, 2024)
  • Lux Venture Partners III, LLC Filed SC 13D/A on Evolv Technologies Holdings, Inc., latest Feb 14, 2024 (2 filings since Sep 6, 2022)
  • Michael Ellenbogen Filed SC 13D on Evolv Technologies Holdings, Inc., latest Jan 30, 2023
  • GLENVIEW CAPITAL MANAGEMENT, LLC Filed SC 13G/A on Evolv Technologies Holdings, Inc., latest Feb 14, 2022
  • OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Filed SC 13G/A on Evolv Technologies Holdings, Inc., latest Feb 14, 2022
  • PERISCOPE CAPITAL INC. Filed SC 13G/A on Evolv Technologies Holdings, Inc., latest Feb 14, 2022
  • Magnetar Financial LLC Filed SC 13G/A on Evolv Technologies Holdings, Inc., latest Jan 7, 2022
  • Evolv Technologies Holdings, Inc. Waltham, Massachusetts
    • Evolv Technology UK Ltd. Subsidiary · United Kingdom

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Evolv Technologies Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$185.5M5 Dec 31, 2025$157.1M5 Dec 31, 2024+18.1%
Accumulated depreciation$58.0M5 Dec 31, 2025$33.4M5 Dec 31, 2024+73.7%
Property and equipment, net$127.5M5 Dec 31, 2025$123.7M5 Dec 31, 2024+3.1%
Operating-lease assets (leased space)$12.3M5 Dec 31, 2025$14.0M5 Dec 31, 2024−12.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$49.1M5 Dec 31, 2025$37.0M5 Dec 31, 2024+32.8%
Marketable securities, current$19.9M5 Dec 31, 2025$14.9M5 Dec 31, 2024+33.2%
Debt securities available for sale$19.9M5 Dec 31, 2025$14.9M5 Dec 31, 2024+33.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$9.3M5 Dec 31, 2025$17.0M5 Dec 31, 2024−45.1%
Raw materials$3.3M5 Dec 31, 2025$4.4M5 Dec 31, 2024−25.0%
Finished goods$5.3M5 Dec 31, 2025$12.2M5 Dec 31, 2024−56.2%

Properties, in its own words

Our corporate headquarters is located in an approximately 96,000 square foot facility that we sublease in Waltham, Massachusetts. During the three months ended March 31, 2024, we amended the lease agreement to extend the term through October 31, 2025, with the option to further extend through June 30, 2031 with written notice. Additionally, in August 2024, we amended the lease agreement again to expand our footprint in our headquarters and extend the term of the lease through May 2031. Our executive offices are located at 500 Totten Pond Road, 4th Floor, Waltham, MA 02451 under the foregoing sublease. We believe that our office space is adequate for our current needs and, should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms.

Item 2 of the 10-K filed Mar 10, 2026.4

Leadership

Who has led Evolv Technologies Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (23)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Evolv Technology UK Ltd. United Kingdom3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • NewHold Investment Corp.Mar 10, 2020 to Jun 29, 20212

Timeline

  1. Aug 11, 20268-K Results of operations44
  2. Aug 10, 20268-K Other events45
  3. Jun 22, 20268-K Shareholder vote46
  4. May 13, 20268-K Financial statements and exhibits47
  5. May 12, 20268-K Results of operations48
  6. Mar 10, 20268-K Results of operations49
  7. Feb 12, 20268-K Executive or director change; Regulation FD disclosure50
  8. Nov 13, 20258-K Results of operations51
  9. Aug 14, 20258-K Results of operations; Executive or director change52
  10. Jul 30, 20258-K Entered a material agreement53
  11. Jul 1, 20258-K Regulation FD disclosure54
  12. Jun 23, 20258-K Shareholder vote55
  13. Dec 16, 2024New chief executive John Kedzierski becomes CEO14
  14. Jul 30, 2020New chief executive Kevin M. Charlton becomes CEO15

Filings

404 filings to the SEC since October 2021: 5 annual reports, 17 quarterly reports, 59 major events, 213 insider forms, 28 large holders, 82 other. The latest 20:

  1. Oct 6, 20264 EDGAR
  2. Oct 6, 20264 EDGAR
  3. Sep 11, 2026144 EDGAR
  4. Sep 9, 20264 EDGAR
  5. Aug 19, 20264 EDGAR
  6. Aug 19, 2026144 EDGAR
  7. Aug 18, 20264 EDGAR
  8. Aug 18, 20264 EDGAR
  9. Aug 11, 202610-Q EDGAR
  10. Aug 11, 20268-K EDGAR
  11. Aug 11, 2026S-8 EDGAR
  12. Aug 10, 20268-K EDGAR
  13. Jul 28, 2026SCHEDULE 13G/A EDGAR
  14. Jul 17, 20264 EDGAR
  15. Jul 16, 202625-NSE EDGAR
  16. Jun 22, 20264 EDGAR
  17. Jun 22, 20264 EDGAR
  18. Jun 22, 20264 EDGAR
  19. Jun 22, 20264 EDGAR
  20. Jun 22, 20268-K EDGAR

The 404 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

113 open-market trades by officers, directors and large owners since October 2021: 16 buys and 97 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 4, 2026Shapiro Richard ADirectorBuy32,600$4.96$161.7KForm 4
Aug 17, 2026Ellenbogen MichaelDirectorSale80,752$5.59$451.4KForm 4
Aug 14, 2026Kuhl HenrikDirectorBuy15,000$5.73$86.0KForm 4
Aug 14, 2026Glat NeilDirectorBuy8,500$5.74$48.8KForm 4
Jul 15, 2026Ellenbogen MichaelDirectorSale80,745$5.94$479.6KForm 4
Jun 15, 2026Ellenbogen MichaelDirectorSale80,745$6.21$501.4KForm 4
Jun 2, 2026Marshall Robert EChief Revenue OfficerSale62,067$6.85$425.2KForm 4
May 15, 2026Ellenbogen MichaelDirectorSale80,745$5.63$454.6KForm 4
May 4, 2026Kutsor George CChief Financial OfficerSale51,448$7.27$374.0KForm 4
Apr 15, 2026Ellenbogen MichaelDirectorSale80,745$6.32$510.3KForm 4
Mar 6, 2026Ellenbogen MichaelDirectorSale91,771$5.10$468.0KForm 4
Mar 2, 2026Chitkara AnilFounder & Chief Growth OfficerSale63,670$5.19$330.4KForm 4
Mar 2, 2026Ellenbogen MichaelDirectorSale82,913$5.19$430.3KForm 4
Feb 17, 2026Ellenbogen MichaelDirectorSale80,745$5.47$441.7KForm 4
Jan 16, 2026Ellenbogen MichaelDirectorSale80,745$6.20$500.6KForm 4
Jan 5, 2026Kedzierski JohnPresident & CEOSale74,322$7.03$522.5KForm 4
Dec 15, 2025Ellenbogen MichaelDirectorSale80,745$6.91$557.9KForm 4
Nov 25, 2025Marshall Robert EChief Revenue OfficerBuy7,000$6.06$42.4KForm 4
Nov 21, 2025Kedzierski JohnPresident & CEOBuy8,000$5.91$47.3KForm 4
Nov 21, 2025Charlton Kevin M.DirectorBuy15,000$5.68$85.2KForm 4

All 113 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025John KedzierskiChief Executive Officer and President47$540.0K$7.5M68
2025Chris KutsorChief Financial Officer$284.4K$4.2M68
2025Robert MarshallChief Revenue Officer54$338.9K$3.5M68
2024John KedzierskiChief Executive Officer and President47$20.8K68

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.13,537,113$78.5M0.0%+2,000,590
Vanguard Capital Management LLC7,284,475$42.2M0.0%+200,840
Stoic Point Capital Management LLC6,479,298$37.6M31.6%+713,791
Vanguard Portfolio Management LLC6,002,387$34.8M0.0%+202,126
D. E. Shaw & Co., Inc.4,846,031$28.1M0.0%+3,157,264
Data Collective IV GP, LLC4,590,000$26.6M33.9%No change
Two Sigma Investments, LP4,499,208$26.1M0.0%−1,468,013
Emerald Advisers, LLC4,227,336$24.5M0.6%−105,719
Geode Capital Management, LLC4,000,222$23.2M0.0%+360,173
State Street Corp3,789,950$22.0M0.0%+321,144
Needham Investment Management LLC3,075,000$17.8M0.5%+1,825,000
SCS Capital Management LLC2,934,579$17.0M0.2%−21,580
Emerald Mutual Fund Advisers Trust2,667,589$15.5M0.5%No change
Morgan Stanley1,918,832$11.1M0.0%+661,401
Oberweis Asset Management Inc/1,823,949$10.6M0.2%+152,000
Goldman Sachs Group Inc1,722,971$10.0M0.0%+722,542
Algert Global LLC1,669,103$9.7M0.1%+848,317
Qube Research & Technologies Ltd1,634,953$9.5M0.0%+470,435
Peregrine Capital Management LLC1,529,145$8.9M0.3%−77,837
Northern Trust Corp1,341,062$7.8M0.0%+142,612
Trexquant Investment LP1,293,182$7.5M0.0%+366,091
Jane Street Group, LLC1,255,382$7.3M0.0%−324,739
Charles Schwab Investment Management Inc1,249,171$7.2M0.0%+60,905
Granahan Investment Management, LLC1,235,954$7.2M0.3%New
Citadel Advisors LLC1,225,168$7.1M0.0%−297,655

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Evolv Technologies Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAREvolv Technologies Holdings, Inc.1
  • CIK0001805385
  • Employer ID (EIN)84-44738404
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)3577 Computer Peripheral Equipment, NEC1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address500 Totten Pond Road, 4Th Floor, Waltham, MA 024511
  • Phone781-374-81001
  • Shares outstanding181,126,146 as of Aug 4, 202610
  • Public float$999.0M as of Jun 30, 20254
  • AuditorPricewaterhouseCoopers LLP, Boston, Massachusetts PCAOB ID 238; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceMar 10, 20201
  • Filings549 in all: 4 (219), 8-K (72), 425 (39), 3 (37), 144 (31), 10-Q (18), 424B3 (17), SC 13G/A (11)1
    All 41 form types

    SC 13G (10), CORRESP (7), EFFECT (7), 10-K (6), UPLOAD (6), DEF 14A (5), DEFA14A (5), SC 13D (5), SCHEDULE 13G/A (5), 4/A (4), ARS (4), NT 10-Q (4), POS AM (4), S-1/A (4), SC 13D/A (3), SD (3), 10-Q/A (2), 25-NSE (2), S-1 (2), S-4/A (2), S-8 (2), SCHEDULE 13D/A (2), 10-K/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DRS (1), NT 10-K (1), POS EX (1), PRE 14A (1), S-4 (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 10, 2026
    Quarterly report (10-Q) Aug 11, 2026
    Proxy statement (DEF 14A) Apr 30, 2026
    Latest 8-K (8-K) Aug 11, 2026

Securities registered for trading

ClassSymbolExchange
Class A common stock, par value $0.0001 per shareEVLVNasdaq
Warrants to purchase one share of Class A common stockEVLVWNasdaq

From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Evolv Technologies Holdings, Inc. names in Item 1A of its 10-K filed Mar 10, 2026: 44 risks under these headings, as written.4

  • Risks Related to Our Restatement and Internal Controls
  • Material weaknesses in our internal control over financial reporting, which contributed to the previously disclosed restatement of our prior period financial statements expose us to significant risks and uncertainties.
  • Risks Related to Our Business and Operations
  • We have a history of losses. We have not been profitable historically and may not achieve or maintain profitability in the future.
  • Our operating results may fluctuate for a variety of reasons, including our failure to close large volume opportunity customer sales.
  • If we fail to maintain successful relationships with our reseller partners, or if our partners fail to perform, our ability to market, sell and distribute our products will be limited.
  • Increases in component costs, long lead times, supply shortages, supply changes, and tariffs could disrupt our supply chain and have an adverse effect on our business, financial condition, and operating results.
  • Delays in production, increases in prices charged or the loss of a limited or sole source supplier could have an adverse effect on our business, financial condition and operating results.
  • Defects and poor quality which require rework, replacement parts or systems and associated costs of service could have an adverse effect on our business and results of operations.
  • We recognize a substantial portion of our revenue ratably over the term of our agreements with customers and, as a result, downturns or upturns in sales may not be immediately reflected in our operating results.
  • If we are unable to compete effectively with new entrants and other potential competitors, our sales and profitability could be adversely affected.
  • A portion of our revenue is generated by sales to government entities and such sales are subject to a number of challenges and risks.
The other 34 risks
  • We could lose customers and revenue if there are changes in the spending policies or budget priorities for government funding of colleges, universities, K-12 schools and other education providers.
  • We may acquire or invest in other companies or technologies in the future, which could divert management’s attention, fail to meet our expectations, result in additional dilution to our stockholders, increase expenses, disrupt our operations or otherwise harm our operating results.
  • Risks Related to Our Industry and Products
  • If our products fail or are perceived to fail to detect threats such as a firearm or other potential weapon or explosive device, or if our products contain undetected errors or defects, this could have an adverse effect on our business and results of operations.
  • If our customers are unable to implement our products successfully, or if we fail to effectively assist our customers in installing our products and provide effective ongoing support and training, customer perceptions of our products may be impaired, or our reputation and brand may suffer.
  • We face the risk of losing recurring revenue and forecasting certainty if customers choose not to renew their typical four‑year subscriptions or if renewal terms result in lower revenue than expiring agreements, and significant losses if returned systems cannot be profitably redeployed.
  • The loss of designation of our Evolv Express system as a Qualified Anti-Terrorism Technology under the Homeland Security SAFETY Act could result in adverse reputational and financial consequences.
  • The AI-based weapons detection for security screening market is new and evolving and may not grow as expected or may develop more slowly or differently than we expect.
  • We use AI and machine learning in our development process and in our AI-based weapon detection products, which could present risks and challenges to our business.
  • condition and results of operation. See – “We are subject to government regulation and other legal obligations, particularly related to privacy, data protection, information security, and product marketing and our actual or perceived failure to comply with such obligations could harm our business.”
  • Our expansion into international markets exposes us to additional operational, regulatory, and compliance risks that could adversely affect our business.
  • Our growth potential outside the U.S. may be limited or vary due to differences in security threats, customer perceptions, regulatory environments, and international market dynamics, as well as our own expansion and investment priorities.
  • If we do not successfully anticipate market needs and enhance our existing products or develop new products that meet those needs on a timely basis, we may not be able to compete effectively and our ability to generate revenues will suffer.
  • We incorporate technology and components from third parties into our products, and our inability to obtain or maintain rights to the technology could harm our business.
  • Our use of “open source” software could subject our proprietary software to certain disclosure obligations, expose us to security risks, and negatively affect our ability to offer our products and subject us to possible litigation.
  • Our business depends on the reliability, availability, and performance of our information technology systems, including key internal enterprise software solutions, and any failure or disruption of these systems could materially and adversely affect our business.
  • Our products and operations collect and store personal data about individuals, including our customers, their visitors, and our employees, as well as other proprietary business and confidential information, which exposes us to cybersecurity risks that could result in additional costs and liabilities or inhibit sales of our products.
  • Risks Related to Our Human Capital
  • If we do not effectively expand, train, and retain qualified sales and marketing personnel, we may be unable to acquire new customers or sell additional products to successfully pursue our growth strategy.
  • We are dependent on the continued services and performance of our senior management and other key employees, as well as on our ability to successfully hire, train, manage, and retain qualified personnel, especially those in sales and marketing and research and development.
  • Risks Related to Our Intellectual Property
  • Our intellectual property rights are valuable and any inability to protect our proprietary technology and intellectual property rights could substantially harm our business and operating results.
  • Assertions by third parties of infringement or other violations by us of their intellectual property rights, whether or not correct, could result in significant costs and harm to our business and operating results.
  • The measures we take to protect our trade secrets may not adequately prevent disclosure of trade secrets and other proprietary information.
  • Legal and Regulatory Risks
  • We are subject to government regulation and other legal obligations, particularly related to privacy, data protection, information security, and product marketing and our actual or perceived failure to comply with such obligations could harm our business.
  • Failure to comply with applicable anti-corruption legislation, export controls, economic sanctions and tax laws could result in fines and criminal penalties and materially and adversely affect our business, financial condition, and results of operations.
  • We are subject to government investigations, regulatory enforcement proceedings and litigation relating to our business conduct, marketing practices, financial restatement and investigation, which could result in significant penalties, injunctive relief and harm to our business.
  • Risks Related to Our Financial Condition and Liquidity
  • There are risks related to our ability to utilize net operating loss carryforwards as well as research and development tax credit carryforwards to offset future taxable income or tax liabilities.
  • We may require additional capital to support business growth, and this capital might not be available on acceptable terms, if at all.
  • Our existing and future debt obligations may adversely affect our financial condition and future financial results.
  • Our Senior Secured Credit Facilities contain affirmative and negative covenants, including financial covenants, that may limit our operating flexibility.
  • Risks Related to Our Common Stock and Warrants
  • The market price of our common stock and warrants has been and may continue to be highly volatile, and you may lose some or all of your investment.
  • Certain of our warrants are accounted for as liabilities and the changes in value of such warrants could have a material effect on our financial results.
  • Certain of our earn-out shares and contingently issuable founder shares are accounted for as liabilities while the contingently returnable founder shares are accounted for as assets. Changes in the fair value of such shares could have a material effect on our financial results.
  • General Risk Factors
  • Increasing attention to, and evolving expectations for, sustainability initiatives could increase our costs, harm our reputation, or otherwise adversely impact our business.
  • If securities or industry analysts do not publish research or reports about us, or publish negative reports, our stock price and trading volume could decline.
  • Our business operations are vulnerable to disruption due to natural or other disasters, including climate-related events, strikes and other events beyond our control.

Legal proceedings

Information pertaining to legal proceedings can be found in Note 19, Commitments and Contingencies, in the notes to the consolidated financial statements in this Form 10-K and is incorporated by reference herein.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
    SEC EDGAROther events
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68