Risk factors
Red Cat Holdings (RCAT) risk factors
Item 1A of every Red Cat Holdings, Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
49 risks. Red Cat Holdings faces ongoing net losses with an accumulated deficit of $196.8 million at December 31, 2025. The company depends heavily on U.S. government contracts and defense spending, which are subject to lengthy processes and congressional budget appropriations. Operations are exposed to intense competition in the emerging drone industry from larger enterprises and defense contractors.
Filed Mar 19, 2026