OneSpan (OSPN) risk factors
Item 1A of every OneSpan 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 factors42 risks7 new7 dropped14 reworded
OneSpan faces growth challenges as hardware Digipass revenue declines, offset by expanding software and digital agreements.
Filed Feb 26, 2026 - FY2024 10-K risk factors42 risks
International revenue accounts for approximately 83 percent of total sales, exposing operations to significant foreign currency and geopolitical risks. Top 10 customers generated 20 percent of worldwide revenue in 2024, creating customer concentration risk. Workforce reductions totaled approximately 330 employees over the past three years, which could negatively impact execution. Profitability was recently achieved in Digital Agreements, but historical operating losses raise sustainability concerns.
Filed Feb 27, 2025