Risk factors

DNA X (SONM) risk factors

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

  • FY2025 10-K risk factors

    42 risks, 14 new, 23 dropped, 16 reworded since the prior year. The company completed a pivot into cryptocurrency trading, replacing hardware and mobile device risks with digital asset market risks. Financial distress is severe, carrying a going concern warning and three recent reverse stock splits. Compliance failures include dropping below Nasdaq's $2.5 million stockholders equity minimum in August 2025.

    Filed Apr 15, 2026
  • FY2024 10-K risk factors

    51 risks. Concentrated customer base relying heavily on top U.S. wireless carriers and foreign contract manufacturing in Asia.

    Filed Mar 31, 2025