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