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. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors42 risks14 new23 dropped16 reworded
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 factors51 risks
Concentrated customer base relying heavily on top U.S. wireless carriers and foreign contract manufacturing in Asia.
Filed Mar 31, 2025