Risk factors

System1 (SST) risk factors

Item 1A of every System1, 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 factors
    60 risks9 new4 dropped8 reworded

    System1 faces severe going concern doubts, $255.1 million in debt maturing in July 2027, and potential NYSE delisting over low market capitalization.

    Filed Mar 11, 2026
  • FY2024 10-K risk factors
    55 risks

    Revenue heavily relies on the RAMP platform, Google syndication agreements, and large-scale acquisition channels like Meta, TikTok, and Outbrain.

    Filed Mar 10, 2025