Risk factors

Pro Dex (PDEX) risk factors

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

  • FY2026 10-K risk factors

    22 risks, 1 new, 2 dropped, 2 reworded since the prior year. APM acquisition adds exposure to ITAR, EAR, sanctions, and U.S. government-contracting requirements.

    Filed Sep 03, 2026
  • FY2025 10-K risk factors

    23 risks, 1 new, 3 reworded since the prior year. Customer concentration intensified, with the top three customers rising to 94% of sales and the largest customer reaching 75%.

    Filed Sep 04, 2025
  • FY2024 10-K risk factors

    22 risks. Concentration risk is extremely high, with the top three customers generating 88% of fiscal 2024 sales. Internal control weaknesses in inventory accounting and investment valuation persist. Operations depend heavily on medical device sales and a single financial institution for cash.

    Filed Sep 05, 2024