Chicago Rivet & Machine (CVR) risk factors, FY2025 10-K

Other

1. 01Due to significant recurring operating losses primarily driven by recent yearly declines in revenue, recurring negative cash flows from operations, and continued reduction in liquidity, we have determined that there is substantial doubt about our ability to continue as a going concern
2. 02Our business over the last few years has been significantly affected by domestic and global economic and market conditions, including rising costs, supply chain disruptions and labor pressures
3. 03Labor shortages could prevent us from meeting customer demand
4. 04We are dependent on the automotive industry
5. 05We face intense competition
6. 06We rely on sales to major customers51% rewritten
7. 07We are subject to risks related to export sales, including the imposition of tariffs
8. 08Increases in our raw material costs or difficulties with our suppliers could negatively affect us
9. 09We may be adversely affected by supply chain disruptions
10. 10We may be adversely affected by labor relations issues
11. 11We may incur losses as a result of product liability, warranty or other claims that may be brought against us
12. 12We could be adversely impacted by environmental laws and regulations
13. 13We could be adversely impacted by the loss of the services of key employees
14. 14Any significant disruption, interruption or failure of our information systems could disrupt the operation of our business, result in increased costs and decreased revenues and expose us to liability
15. 15The price of our common stock is subject to volatility, and our stock is thinly-traded
16. 16Our indebtedness could adversely affect our financial flexibility, financial condition and our competitive position29% rewritten
17. 17We face risks in connection with our internal control over financial reporting, and material weaknesses were identified 46% rewritten