Hudson Technologies (HDSN) risk factors, FY2025 10-K

Hudson Technologies's FY2025 10-K, filed Mar 16, 2026, lists 16 risk factors in 3 groups. Against the prior year's 16: 2 substantially reworded.

Risk factors listed
163 groups
New this year
0vs 16 last year
Dropped
0since the prior 10-K
Substantially reworded
2of those kept
Section length
3k wordsItem 1A

What the changes say

  • Customer concentration risk for Hudson Technologies now highlights an active bid protest over the newly awarded October 2025 DLA contract.
  • Insider ownership by officers and directors dropped significantly from approximately 8.0% to 3.1% of common stock.

What changed since the prior 10-K

Reworded

  • 63% rewrittenRisks Related to Business Strategy and Operations

    Our business is impacted by customer concentration

    Added the threat of a competitor's bid protest at the U.S. Court of Federal Claims challenging the October 2025 DLA contract award, while updating historical DLA revenue figures to 15% for 2024, 18% for 2023, and 8% for 2022.

  • 24% rewrittenRisks Related to Our Common Stock and Other General Risks

    Our management has significant control over our affairs

    Updated the beneficial ownership of common stock held by officers and directors from approximately 8.0% down to 3.1%.

All 16 risk factors

Headings as the filing states them, in filing order.

Risks Related to Business Strategy and Operations

  1. 01Our revenues, results of operations and cash flows could be materially and adversely affected by changes in commodity prices
  2. 02Our existing and future debt obligations could impair our liquidity and financial condition
  3. 03We may need additional financing to satisfy our future capital requirements, which may not be readily available to us
  4. 04Adverse weather or economic downturn could adversely impact our financial results
  5. 05Our business is impacted by customer concentration63% rewritten
  6. 06Our information technology systems, processes, and sites may suffer interruptions, failures, or attacks which could affect our ability to conduct business

Risks Related to Regulatory and Environmental Matters

  1. 07The nature of our business exposes us to potential liability
  2. 08Our business and financial condition is substantially dependent on the sale and continued environmental regulation of refrigerants
  3. 09Our business is subject to significant regulatory compliance burdens
  4. 10A number of factors could negatively impact the price and/or availability of refrigerants, which would, in turn, adversely affect our business and financial condition
  5. 11Issues relating to potential global warming and climate change could have an impact on our business

Risks Related to Our Common Stock and Other General Risks

  1. 12As a result of competition, and the strength of some of our competitors in the market, we may not be able to compete effectively
  2. 13We have the ability to designate and issue preferred stock, which may have rights, preferences and privileges greater than Hudson’s common stock and which could impede a subsequent change in control of us
  3. 14If our common stock were delisted from NASDAQ it could be subject to “penny stock” rules which would negatively impact its liquidity and our shareholders’ ability to sell their shares
  4. 15Our management has significant control over our affairs24% rewritten
  5. 16We may fail to successfully integrate any additional acquisitions made by us into our operations

Other Hudson Technologies 10-Ks

  • FY2024 10-K risk factors
    16 risks

    Hudson Technologies depends heavily on refrigerant market prices, weather conditions, and environmental regulations governing greenhouse gases.

    Filed Mar 12, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.