Risk factors

Heavy concentration in real estate collateral representing 96 percent of loans creates localized market vulnerability.

WhiteHorse’s risks center on external management, leveraged private-credit investing, and regulatory requirements as a BDC and RIC.

Willdan's risk section is dominated by fixed-price project execution uncertainties, energy services industry reliance, and public sector contracting dependencies.

Serve is an early-stage robotics company with minimal revenue, losses, limited operating history, and substantial future capital needs.

Adicet faces significant clinical and regulatory risks developing novel allogeneic gamma delta T cell therapies for autoimmune diseases and cancer. Substantial ongoing net losses, capital needs, and complex manufacturing or supply chain constraints threaten commercial viability. Operations and contractual VIE structures in China introduce severe geopolitical, regulatory, and data compliance risks.

OmniMetrix subsidiary revenues depend heavily on third-party generator and gas pipeline sales and cellular network reliability. Stock trading is limited on the OTCQB with a high price volatility range between $5.76 and $19.35.

Acme United Corp faces significant customer concentration, international supply chain dependencies, and regulatory compliance requirements across its product lines.

International revenue represented 64 percent of net revenue, creating significant exposure to foreign economic and regulatory conditions.

International expansion and foreign currency fluctuations present ongoing risks to our digital and retail operations.

Concentration of operations and collateral in New York City, Washington, D.C., and San Francisco heavily exposes the bank to regional market shifts.

Company is heavily exposed to strict federal, state, and accrediting regulations governing for-profit postsecondary education. Operations depend on military student enrollments and nursing program pass rates. Compliance failures threaten Title IV and DoD funding eligibility.

Asure Software faces financial risks, including a net loss of $11.8 million and an accumulated deficit of $307.2 million. The company is heavily reliant on third-party cloud infrastructure like Amazon Web Services. Client funds held in trust expose the company to market and interest rate risks.