Risk factors

Newsmax (NMAX) risk factors

Item 1A of every Newsmax Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    61 risks, 3 new, 8 dropped, 11 reworded since the prior year. Newsmax added risks regarding third-party cloud technology, payment processing friction, and Class B stock sales dilution. Going concern and Smartmatic litigation risks were removed.

    Filed Mar 26, 2026
  • FY2024 10-K risk factors

    66 risks. Newsmax relies heavily on advertising revenue, traditional and OTT distribution partnerships, and viewer engagement with its media content.

    Filed Mar 31, 2025