Arena Group Holdings (AREN) risk factors
Item 1A of every Arena Group Holdings, Inc. 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 factors41 risks1 new4 dropped5 reworded
Arena Group dropped its Sports Illustrated license termination and going concern risks following reported income of $28.6 million in 2025. The company added a risk regarding its expired Form S-3 shelf registration limiting public capital raises. Reworded risks reflect updated accumulated deficit figures of $354.5 million and shifts from general third-party providers to Expert Contributors.
Filed Mar 16, 2026 - FY2024 10-K risk factors44 risks
Substantial going concern doubt with only $4.4 million in cash and a 2024 net loss of $100.7 million. Licensor ABG terminated the Sports Illustrated media business agreement over an unpaid $3.8 million fee. Heavy reliance on Google search algorithms and third-party cookies for advertising traffic and data collection.
Filed Apr 15, 2025