What the changes say
- Net losses increased to $5.9 million in 2025, bringing the accumulated deficit to $69.7 million.
- Warrants to acquire common stock increased to 1,005,062 with exercise prices starting lower at $0.01.
What changed since the prior 10-K
Reworded
- 49% rewrittenRisks Related to Our Common Stock
The exercise of outstanding warrants and stock options will have a dilutive effect on the percentage ownership of our capital stock by existing stockholders
Updated warrant figures as of April 14, 2026, showing 1,005,062 shares and lower minimum exercise prices starting at $0.01 compared to $3.83 previously.
- 47% rewrittenRisks Related to Our Common Stock
If we fail to comply with the continued listing requirements of the Nasdaq Capital Market, our common stock may be delisted and the price of our common stock and our ability to access the capital markets could be negatively impacted
Retained the Nasdaq continued listing risk regarding the $1.00 minimum bid price and $2,500,000 shareholders' equity requirement with no substantive text changes.
- 34% rewrittenRisks Related to Our Financial Position and Capital Requirements
We have historically incurred significant losses and there can be no assurance when, or if, we will achieve or maintain profitability
Updated net loss figures to $5.9 million for 2025 and increased the accumulated deficit to $69.7 million as of December 31, 2025.
- 25% rewrittenRisks Related to Our Operations In Israel
Our headquarters and some of our operations are located in Israel, and therefore, political, economic and military conditions in Israel may affect our operations and results
Maintained the risk factor regarding Israeli headquarters and regional conflicts with no substantive text changes.
- 21% rewrittenRisks Related to Our Company and Our Business
We incorporate artificial intelligence, or AI, and machine learning, or ML, into our products. This technology is new and developing and may present both compliance and reputational risks
Retained the risk factor regarding artificial intelligence and machine learning technology with no substantive text changes.
All 48 risk factors
Headings as the filing states them, in filing order.
Risks Related to Our Financial Position and Capital Requirements
- 01We have historically incurred significant losses and there can be no assurance when, or if, we will achieve or maintain profitability34% rewritten
- 02It is difficult to forecast our future performance, which may cause our financial results to fluctuate unpredictably
- 03We will need to raise additional capital to meet our business requirements in the future, which is likely to be challenging, could be highly dilutive and may cause the market price of our common stock to decline
- 04Management has concluded that there is substantial doubt about our ability to continue as a going concern which could prevent us from obtaining new financing on reasonable terms or at all
Risks Related to Our Company and Our Business
- 05The market for our measurement technology is new and unproven, may experience limited growth
- 06Failure to effectively develop and expand our sales and marketing capabilities could harm our ability to grow our business and achieve broader market acceptance of our products
- 07We expect our sales cycle to be long and unpredictable and require considerable time and expense before executing a customer agreement, which may make it difficult to project when, if at all, we will obtain new customers and when we will generate revenue from those customers
- 08If we are not able to enhance our brand and increase market awareness of our company and products, then our business, results of operations and financial condition may be adversely affected
- 09If we do not develop enhancements to our products and introduce new products that achieve market acceptance, our business, results of operations and financial condition could be adversely affected
- 10The mobile technology industry is subject to rapid technological change and, to compete, we must continually enhance our mobile Apps and custom development services
- 11Changes in economic conditions could materially affect our business, financial condition and results of operations
- 12Our growth depends, in part, on the success of our strategic relationships with third parties
- 13We rely upon third parties to provide distribution for our applications, and disruption in these services could harm our business
- 14We rely on third-party hosting and cloud computing providers to operate certain aspects of our business. Any failure, disruption or significant interruption in our network or hosting and cloud services could adversely impact our operations and harm our business
- 15Real or perceived errors, failures, or bugs in our products could adversely affect our operating results and growth prospects
- 16We could be harmed by improper disclosure or loss of sensitive or confidential company, employee, or customer data, including personal data
- 17A material breach in security relating to our information systems and regulation related to such breaches could adversely affect us
- 18We incorporate artificial intelligence, or AI, and machine learning, or ML, into our products. This technology is new and developing and may present both compliance and reputational risks21% rewritten
- 19We may not be able to adequately protect our intellectual property, which, in turn, could harm the value of our brands and adversely affect our business
- 20We may face intense competition and expect competition to increase in the future, which could prohibit us from developing a customer base and generating revenue
- 21Our business operations and future development could be significantly disrupted if we lose key members of our management team
- 22If we are able to expand our operations, we may be unable to successfully manage our future growth
- 23Our business operations are conducted in multiple languages and could be disrupted due to miscommunications or translation errors
- 24We will continue to incur costs and be subject to various obligations as a result of being a public company, listed in the United States and in Israel
- 25Any future or current litigation could have a material adverse impact on our results of operations, financial condition and liquidity
- 26Federal, state and local or Israeli tax rules may adversely impact our results of operations and financial position
- 27Orgad faces risks related to successfully optimizing and operating its fulfillment and customer service operations
- 28The variability in Orgad’s retail business places increased strain on its operations
- 29Our business is subject to the risks of earthquakes, fire, power outages, floods, health risks and other catastrophic events, and to interruption by man-made problems such as terrorism
- 30Our business could be negatively impacted by unsolicited takeover proposals, by shareholder activism or by proxy contests relating to the election of directors or other matters
- 31Scrutiny of sustainability and environmental, social, and governance, or ESG, initiatives could increase our costs or otherwise adversely impact our business
- 32Our business, operating results and growth rates may be adversely affected by current or future unfavorable economic and market conditions and adverse developments with respect to financial institutions and associated liquidity risk
Risks Related to Our Operations In Israel
- 33Our headquarters and some of our operations are located in Israel, and therefore, political, economic and military conditions in Israel may affect our operations and results25% rewritten
- 34It may be difficult to enforce a non-Israeli judgment against the Company or its officers and directors
- 35Our international operations could expose us to additional risks, including exchange rate fluctuations, legal regulations and political or economic instability that could harm our business and operating results
Risks Related to Our Common Stock
- 36A more active, liquid trading market for our common stock may not develop, and the price of our common stock may fluctuate significantly
- 37Sales by our stockholders of a substantial number of shares of our common stock in the public market could adversely affect the market price of our common stock
- 38We are a smaller reporting company and, as a result of the reduced disclosure and governance requirements applicable to such companies, our common stock may be less attractive to investors
- 39We do not expect to pay any cash dividends in the foreseeable future
- 40We can sell additional shares of common stock without consulting stockholders and without offering shares to existing stockholders, which would result in dilution of shareholders’ interests in the company and could depress our stock price
- 41Our quarterly operating results may fluctuate significantly
- 42If we fail to comply with the rules under the Sarbanes Oxley Act of 2002 related to accounting controls and procedures or if we discover material weaknesses and deficiencies in our internal control and accounting procedures, our stock price could decline significantly and raising capital could be more difficult
- 43Our Certificate of Incorporation, Bylaws and Delaware law may have anti-takeover effects that could discourage, delay or prevent a change in control, which may cause our stock price to decline
- 44If we fail to comply with the continued listing requirements of the Nasdaq Capital Market, our common stock may be delisted and the price of our common stock and our ability to access the capital markets could be negatively impacted47% rewritten
- 45The exercise of outstanding warrants and stock options will have a dilutive effect on the percentage ownership of our capital stock by existing stockholders49% rewritten
- 46Were our common stock to become subject to the penny stock rules then this could result in U.S. broker-dealers becoming discouraged from effecting transactions in shares of our common stock
- 47Sales of our currently issued and outstanding stock may become freely tradable pursuant to Rule 144 and may dilute the market for your shares and have a depressive effect on the price of the shares of our common stock
- 48We are a former “shell company” and as such are subject to certain limitations not applicable to other public companies generally
Other My Size 10-Ks
- FY2024 10-K risk factors48 risks
The company faces going concern doubts with $63.9 million in accumulated deficits and insufficient cash for 12 months.
Filed Mar 27, 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.