Willamette Valley Vineyards (WVVI) risk factors, FY2025 10-K

Willamette Valley Vineyards's FY2025 10-K, filed Mar 24, 2026, lists 21 risk factors. Against the prior year's 21: 3 substantially reworded.

Open WVVI in Gloom →
Willamette Valley Vineyards' chart, financials and news, free in your browser.Open WVVI in Gloom →
Risk factors listed
210 groups
New this year
0vs 21 last year
Dropped
0since the prior 10-K
Substantially reworded
3of those kept
Section length
4k wordsItem 1A

What the changes say

  • No risks were added or dropped this year.
  • Risk 5 reports higher debt and short-term borrowing: $15.0 million and $3.1 million at December 31, 2025.
  • Risk 4 updates leadership roles, naming Mike Osborn as Chief Executive Officer and James W. Bernau as President.
  • Risk 0 retains exposure to grape diseases, pests, drought, frost, weather, and phylloxera.

What changed since the prior 10-K

Reworded

  • 33% rewritten

    Agricultural risks could adversely affect the Company

    Agricultural threats, including phylloxera at Tualatin Estate Vineyards, are unchanged.

  • 28% rewritten

    Loss of key employees could harm the Company’s reputation and business

    James W. Bernau is now identified as President rather than President and CEO; Mike Osborn is added as Chief Executive Officer.

  • 23% rewritten

    The Company’s ability to operate requires adequate funding

    Reported December 31 debt increased from $14.0 million to $15.0 million, while short-term credit drawn increased from $2.4 million to $3.1 million.

All 21 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Agricultural risks could adversely affect the Company33% rewritten
  2. 02Our operations are susceptible to changing weather patterns and other environmental factors
  3. 03Additionally, long-term changes in weather patterns could adversely affect the Company, especially if such changes impacted the amount or quality of grapes harvested. We cannot anticipate changes in weather patterns/conditions, and we cannot predict their impact on our operations if they were to occur
  4. 04We may not be able to economically insure certain risks
  5. 05Loss of key employees could harm the Company’s reputation and business28% rewritten
  6. 06The Company’s ability to operate requires adequate funding23% rewritten
  7. 07Costs of being a publicly-held company may put the Company at a competitive disadvantage
  8. 08The Company faces significant competition which could adversely affect profitability
  9. 09The Willamette Valley AVA value may be eroded by out of state competition who use it inappropriately or as fanciful marketing
  10. 10Loss of the “Willamette Valley Vineyards” or “Willamette” trademarks could adversely affect the Company’s distinction within the AVA
  11. 11Fluctuations in quantity and quality of grape supply could adversely affect the Company
  12. 12Contamination of the Company’s wines would harm the Company’s business
  13. 13A reduction in consumer demand for premium wines could harm the Company’s business
  14. 14Changes in consumer spending could have a negative impact on the Company’s financial condition and business results
  15. 15Increased regulation and/or taxation could adversely affect the Company
  16. 16The Company’s common stock is thinly traded, and therefore not as liquid as other investments
  17. 17The Company may face liabilities associated with the offer and sale of its Preferred Stock
  18. 18The Company may be unable to pay accumulated dividends on its Preferred Stock
  19. 19The issuance of additional shares of our Preferred Stock or Common Stock in the future could adversely affect holders of Common Stock
  20. 20Failures or security breaches of our information technology systems could disrupt our operations and negatively impact our business
  21. 21The provisions in our articles of incorporation, our by-laws and Oregon law could delay or deter tender offers or takeover attempts that may offer a premium for our common stock

Other Willamette Valley Vineyards 10-Ks

  • FY2024 10-K risk factors
    21 risks

    Wine production faces extreme weather, wildfire smoke, and agricultural diseases that threaten grape supply. Operations rely on lines of credit and key executives like James W. Bernau and John Ferry. Strict regulation by the TTB, OLCC, and foreign agencies governs labeling, distribution, and licensing.

    Filed Mar 25, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.