Risk factors
ESS Tech (GWH) risk factors
Item 1A of every ESS Tech, 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 factors76 risks8 new15 dropped22 reworded
Substantial doubt about continuing as a going concern dominates the risks, driven by low cash of $22.0 million at December 31, 2025.
Filed Mar 05, 2026 - FY2024 10-K risk factors83 risks
The company relies heavily on a going concern warning with $782.4 million in accumulated deficit as of December 31, 2024. Manufacturing scale-up depends on complex machinery and limited critical suppliers for iron flow batteries. Warranty insurance through Munich Re and customer adoption of long duration energy storage are essential.
Filed Mar 31, 2025