Risk factors
Empery Digital (EMPD) risk factors
Item 1A of every Empery Digital Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
51 risks, 32 new, 17 dropped, 12 reworded since the prior year. Empery Digital adopted a Bitcoin treasury strategy, holding 3,359 Bitcoin backed by $95.0 million in debt. Operating results now fluctuate heavily based on Bitcoin market prices and unrealized losses. Reliance on the manufacturer PXID for E-Bikes exposes the company to tariff and supply chain risks.
Filed Mar 27, 2026 - FY2024 10-K risk factors
36 risks. Empery Digital faces going concern risks with a $166.3 million accumulated deficit and reliance on third-party manufacturers in China.
Filed Mar 31, 2025