American Well (AMWL) risk factors
Item 1A of every American Well Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors69 risks2 new4 reworded
Client concentration increased, with Elevance reaching 31% of revenue and top ten clients reaching 71%. Net losses narrowed to $95.0 million in 2025 with accumulated deficit at $2,061.6 million. Platform branding shifted from enterprise platform to Amwell Platform. New disclosures highlight vendor-related cyber risks and healthcare regulatory compliance.
Filed Feb 12, 2026 - FY2024 10-K risk factors67 risks
Significant ongoing net losses and accumulated deficit raise substantial going concern doubts. Heavy customer concentration with Elevance creates severe revenue vulnerability. Complex regulatory healthcare environment and medical liability risks threaten operations.
Filed Feb 12, 2025