Risk factors
Nocera (NCRA) risk factors
Item 1A of every Nocera, 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 factors49 risks6 new14 dropped7 reworded
Nocera adopted a Bitcoin treasury strategy, introducing volatility and regulatory risks. Operating losses increased to $2.67 million in 2025. Material weaknesses were identified in internal controls.
Filed Apr 15, 2026 - FY2024 10-K risk factors57 risks
Nocera faces substantial going concern doubt with operating losses of $2,393,803 in 2024 and an accumulated deficit of $21,238,881. Approximately 98% of revenues depend on a single product, eel, and five customers generated 81.8% of 2024 revenue. Operations are heavily concentrated in Taiwan, exposing the company to geopolitical tensions with mainland China.
Filed May 06, 2025