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. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors22 risks1 new2 dropped2 reworded
APM acquisition adds exposure to ITAR, EAR, sanctions, and U.S. government-contracting requirements.
Filed Sep 03, 2026 - FY2025 10-K risk factors23 risks1 new3 reworded
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 factors22 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