Workflow
Skeena(SKE) - 2024 Q4 - Annual Report
2025-03-31 21:23
Vancouver, BC (March 31, 2025) Skeena Resources Limited (TSX: SKE; NYSE: SKE) ("Skeena Gold & Silver", "Skeena" or the "Company") reported its fourth quarter and annual financial results for the year ended December 31, 2024. The financial statements, management's discussion and analysis ("MD&A"), and annual information form ("AIF") are available on Skeena's website and have been posted under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Exhibit 99.1 Skeena Reports Fourth Quar ...
Li-Cycle(LICY) - 2025 Q1 - Quarterly Results
2025-03-31 21:23
Li-Cycle Reports Full Year 2024 Financial Results Highlights TORONTO, ONTARIO (March 31, 2025) – Li-Cycle Holdings Corp. (OTCQX: LICYF) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced financial results for its fiscal year ended December 31, 2024. Ajay Kochhar, Li-Cycle's President & CEO, commented: "In 2024, we advanced key priorities for the Company, including closing our $475 million loan facility with the U.S. Department of Energy to help fin ...
Mainz Biomed(MYNZ) - 2024 Q4 - Annual Report
2025-03-31 21:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 For the transition period from _______________ to _______________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell ...
Local Bounti (LOCL) - 2024 Q4 - Annual Report
2025-03-31 21:22
Facility Expansion and Operations - Local Bounti completed construction on two new facilities in Texas and Washington in 2024, increasing its total facility count to six[124]. - The company expects to incur significant expenses and continuing losses for the foreseeable future as it expands its facilities and commercial sales[118]. - Local Bounti anticipates that its existing cash, projected cash from product sales, and PIPE Financing will be sufficient to fund operations for at least the next 12 months[121]. - The company relies on a limited number of facilities, and any adverse changes could impair its ability to produce products[124]. - Local Bounti's ability to scale operations and reduce costs of goods sold is critical for future profitability, but it faces risks from inflation and supply chain interruptions[130]. - The company may face unexpected delays in facility construction due to various factors, which could negatively impact its operations[132]. - Local Bounti's growth strategy involves building additional Controlled Environment Agriculture (CEA) facilities and expanding its product line[172]. Financial Risks and Capital Management - The company may need additional financing sooner than planned, which could lead to dilution of stockholders' equity[123]. - Local Bounti's operating plan may change due to unforeseen factors, necessitating additional capital that may not be available on favorable terms[123]. - Local Bounti's financial condition may be adversely impacted if the cost of maintaining necessary equipment exceeds expectations[159]. - The company relies on estimates and assumptions for financial reporting, and incorrect judgments could negatively affect its operations and market expectations[160]. - Local Bounti's internal control over financial reporting is crucial; any material weaknesses could lead to misstatements and loss of investor confidence[161]. - The company has a term loan facility with Cargill Financial, secured by all assets, which could limit financial flexibility if conditions are not met[174][175]. - Local Bounti's after-tax profitability could be adversely affected by changes in tax laws, rates, and regulations, potentially with retroactive effects[224]. - The company is dependent on distributions from its subsidiaries to cover taxes and corporate expenses, which could materially affect its liquidity and financial condition[227]. Market and Competitive Environment - Local Bounti operates in a highly competitive natural food market, facing competition from large-scale operations and traditional field farms[167][169]. - The ability to secure product placement with customers is critical for Local Bounti's success, especially when entering new markets[168]. - Local Bounti's growth strategy includes expanding into new markets and product categories, such as salad kits, but success is not guaranteed[148]. - The company may face challenges in securing new customers for its products in new geographies, which could adversely affect its financial condition[154]. - A significant portion of Local Bounti's revenue comes from a small number of top retail customers, and any loss or reduction in orders from these customers could materially impact the business[193]. Regulatory and Compliance Issues - Local Bounti is subject to food safety standards set by regulatory authorities, which could impact its ability to operate reliably if widespread food safety issues arise[136]. - The regulatory environment for food products is highly complex, and changes in regulations could lead to increased costs or operational interruptions for Local Bounti[200]. - Local Bounti's operations are subject to extensive regulation by the USDA and FDA, and non-compliance could result in enforcement actions and recalls[210]. - The company employs internal and third-party resources to ensure compliance with food safety regulations, but failures could lead to civil penalties and increased operating costs[211]. - Disruptions in the supply chain due to supplier non-compliance could adversely affect Local Bounti's business and financial condition[212]. Operational Challenges and Risks - Local Bounti's ability to maintain its brand value is critical, as negative publicity could impair its business and financial condition[140]. - The company may encounter difficulties in integrating acquired businesses, which could disrupt operations and divert resources[142]. - Local Bounti's estimates of market opportunity and growth forecasts are subject to significant uncertainty, and actual growth may not meet expectations[143]. - The company may struggle to maintain its culture and focus on its vision as it grows, which could harm its competitive position[144]. - Local Bounti faces significant risks related to product contamination, which could lead to lawsuits, recalls, and increased operating costs[203]. Economic and Environmental Factors - Public health crises, such as COVID-19, could adversely affect Local Bounti's operations and demand for its products[162]. - The company faces risks related to seed supply and other inputs; increased costs could negatively impact financial results[163]. - Climate change and related regulations may increase operational costs and impact productivity[213]. - Political issues, including potential tariffs and changes in trade agreements, could significantly affect Local Bounti's business and financial performance[201]. - The elimination of government incentives could diminish Local Bounti's competitiveness and adversely affect its financial condition[214]. Stock and Market Performance - Local Bounti has never paid cash dividends and intends to retain earnings for business growth, affecting shareholder returns[216]. - The trading price of Local Bounti's common stock is subject to volatility influenced by various market factors, which may not reflect actual operating performance[215]. - Local Bounti's common stock is at risk of delisting from the NYSE due to non-compliance with the Minimum Market Capitalization Standard, as its average market capitalization was below $50 million[233]. - If the company fails to maintain a minimum average closing price of $1.00 per share, it risks immediate delisting from the NYSE[234]. - Future sales of shares by existing stockholders could adversely affect the market price of Local Bounti's common stock[236]. Intellectual Property and Technology Risks - Local Bounti's intellectual property rights are vital for its competitive position; any loss could enable competitors to gain an advantage[179]. - The company relies on information technology systems poses risks, as failures or security breaches could lead to decreased yield or quality, resulting in additional labor expenses and potential crop loss[181]. - The company faces cybersecurity risks that could result in significant operational disruptions, loss of sensitive information, and reputational harm, which may adversely affect its financial condition[183]. Consumer Preferences and Demand - Local Bounti's product offerings, including loose leaf and living lettuce, are subject to changing consumer preferences, which could negatively impact demand and financial performance[190]. - Seasonal fluctuations in demand for leafy greens may affect Local Bounti's sales and operating results, leading to potential supply-demand imbalances[192].
Nixxy, Inc.(NIXX) - 2024 Q4 - Annual Report
2025-03-31 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53641 NIXXY, INC. (Exact Name of Registrant as Specified in Its Charter) Nevada 90-1505893 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Emplo ...
Recruiter.com(RCRT) - 2024 Q4 - Annual Report
2025-03-31 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53641 NIXXY, INC. (Exact Name of Registrant as Specified in Its Charter) Nevada 90-1505893 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Emplo ...
SRM Entertainment(SRM) - 2024 Q4 - Annual Report
2025-03-31 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 01-41768 SRM Entertainment, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification) ...
Orrstown Financial Services(ORRF) - 2024 Q4 - Annual Report
2025-03-31 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-34292 ORRSTOWN FINANCIAL SERVICES, INC. (Exact Name of Registrant as Specified in its Charter) Pennsylvania (State or Other Jurisdicti ...
HCM II Acquisition Corp.(HONDU) - 2024 Q4 - Annual Report
2025-03-31 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-42252 HCM II ACQUISITION CORP. (Exact name of registrant as specified in its charter) | Cayman Islands | 98-1785406 | | --- | --- | ...
HCM II Acquisition Corp.(HOND) - 2024 Q4 - Annual Report
2025-03-31 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-42252 HCM II ACQUISITION CORP. (Exact name of registrant as specified in its charter) | Cayman Islands | 98-1785406 | | --- | --- | ...