SLNG on Nasdaq

Stabilis Solutions, Inc.

Stabilis Solutions, Inc. is an American natural gas distribution company based in Houston, active since 1996.2 Its shares trade on Nasdaq under the symbol SLNG.2

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Last updated Oct 21, 2026.

Overview

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  • TickerSLNG on Nasdaq2
  • IndustryNatural Gas Distribution2
  • HeadquartersHouston, United States2
  • Incorporated inFL3
  • Business address11750 Katy Freeway, Suite 900, Houston, Tx 770793
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formProfit Corporation2
  • LEI549300DGSR537OJW7P622
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O UNIVERSAL REGISTERED AGENTS, INC., 32304 Tallahassee, United States2
  • Registered withFlorida Division of Corporations, P960000868822

Stabilis Solutions, Inc. and its subsidiaries (the “Company”, “Stabilis”, “our”, “us” or “we”) provide turnkey clean energy production, storage, transportation and fueling solutions using liquefied natural gas (“LNG”) to multiple end markets. We have safely delivered over 580 million gallons of LNG through more than 60,000 truck deliveries during our 22 year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We define “small-scale” LNG production to include liquefiers that produce less than 1.7 million LNG gallons per day (or approximately 1.0 million tonnes per annum ("MTPA")) and “small-scale” LNG distribution to include distribution by trailer or tank container of up to 10,000 LNG gallons or by marine vessels that carry less than 8.0 million LNG gallons (approximately 30,000 cubic meters). The Company provid…5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-2.0%Net margin6
-6.9%Revenue growth, 20256
-2.0%Return on equity6
0.09×Debt to equity6
$462.0KFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Natural Gas, Gathering, Transportation, Marketing and Processing brought in 84% of the revenue Stabilis Solutions, Inc. broke down this way in fiscal 2025.

  1. Natural Gas, Gathering, Transportation, Marketing and Processing$57.2M684%down 0% from 2024
  2. Rental$5.3M68%down 26% from 2024
  3. Service$5.0M67%down 33% from 2024
  4. Product and Service, Other$667.0K61%down 46% from 2024
Products and services by year
Products and services20242025
Natural Gas, Gathering, Transportation, Marketing and Processing$57.4M$57.2M
Rental$7.3M$5.3M
Service$7.4M$5.0M
Product and Service, Other$1.2M$667.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue74¢$50.2M
  • Selling, general and admin19¢$13.2M
  • Other costs7¢$4.5M
  • Interest0¢$294.0K
  • Income tax0¢$54.0K

Out of $68.2M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending95¢$8.1M
  • Kept or used elsewhere5¢$462.0K

Out of $8.6M of cash from operations.6

Financial statements

Revenue78910116$68.2M in 2025+45% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $47.1M$47.1M20192020: $41.5M$41.5M2020−12%2021: $69.2M$69.2M2021+66%2022: $98.8M$98.8M2022+43%2023: $73.1M$73.1M2023−26%2024: $73.3M$73.3M2024+0%2025: $68.2M$68.2M2025−7%
Net income78910116-$1.4M in 2025−76% since 2019
-$10.0M-$5.0M0$5.0M2019: -$5.7M-$5.7M20192020: -$6.8M-$6.8M2020+18%2021: -$7.8M-$7.8M2021+15%2022: -$3.2M-$3.2M2022−59%2023: $125.0K$125.0K20232024: $4.6M$4.6M2024+3579%2025: -$1.4M-$1.4M2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Revenues$68.2M$73.3M
Cost of revenues$50.2M$52.1M
Change in unrealized gain on natural gas derivatives-$24.0K-$310.0K
Selling, general and administrative expenses$13.2M$11.8M
Loss (gain) from disposal of fixed assets$24.0K-$761.0K
Depreciation expense$7.3M$7.1M
Total operating expenses$70.8M$69.9M
Income (loss) from operations before equity income-$2.5M$3.4M
Income from equity investment in foreign joint venture$1.5M$1.8M
Foreign joint venture operating related expenses-$211.0K-$206.0K
Net equity income from foreign joint venture operations$1.2M$1.6M
Income (loss) from operations-$1.3M$5.0M
Other income (expense), net-$66.0K$22.0K
Total other income (expense)-$24.0K$134.0K
Net income (loss) before income tax expense-$1.3M$5.1M
Income tax expense$54.0K$485.0K
Net income (loss)-$1.4M$4.6M
Basic and diluted per common share (in dollars per share)-$0.07$0.25

Compare Stabilis Solutions, Inc. with another company

Corporate structure

Stabilis Solutions, Inc. sits at the top of its group. 17 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Stabilis Solutions, Inc.

  • Stabilis Solutions, Inc. Houston, Texas, United States
    • Diversenergy Mexico S.A.P.I. de C.V. Subsidiary · Mexico
    • Diversenergy, LLC Subsidiary · Delaware, United States
    • Lisbon LNG LLC Subsidiary · Washington, United States
    • M&I Electric Industries, Inc. Subsidiary · Texas, United States
    • Mile High LNG LLC Subsidiary · Delaware, United States
    • PEG Partners, LLC Subsidiary · Delaware, United States
    • Prometheus Energy Canada Inc. Subsidiary · Canada
    • Prometheus Technologies, LLC Subsidiary · Washington, United States
    • Stabilis Energy Mexico 1, LLC Subsidiary · Texas, United States
    • Stabilis Energy Mexico 2, LLC Subsidiary · Texas, United States
    • Stabilis Energy Services LLC Subsidiary · Texas, United States
    • Stabilis Energy, LLC Subsidiary · Texas, United States
    • Stabilis GDS, Inc. Subsidiary · Delaware, United States
    • Stabilis GNL Mexico S.A.P.I. de C.V. Subsidiary · Mexico
    • Stabilis LNG Eagle Ford LLC Subsidiary · Delaware, United States
    • Stabilis LNG Port Allen LLC Subsidiary · Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Stabilis Solutions, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$125.6M6 Dec 31, 2025$117.2M6 Dec 31, 2024+7.1%
Accumulated depreciation$72.7M6 Dec 31, 2025$65.5M6 Dec 31, 2024+10.9%
Property and equipment, net$52.9M6 Dec 31, 2025$51.7M6 Dec 31, 2024+2.4%
Finance-lease assets$301.0K6 Dec 31, 2025$349.0K6 Dec 31, 2024−13.8%
Operating-lease assets (leased space)$929.0K6 Dec 31, 2025$149.0K6 Dec 31, 2024+523.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$7.5M6 Dec 31, 2025$9.0M6 Dec 31, 2024−17.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.3M6 Dec 31, 2025$4.3M6 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$342.0K6 Dec 31, 2025$345.0K6 Dec 31, 2024−0.9%

Properties, in its own words

The corporate headquarters of Stabilis are located at 11750 Katy Freeway, Suite 900, Houston, TX 77079. Stabilis or its subsidiaries currently own or lease the following principal properties:

Facility Location · Use · Size · Leased or Owned · Expiration of Lease

The rest of Item 2

Houston, TX · Office · 8,583 sq. ft. · Leased · January 3, 2029

Monterrey, Mexico · Office · 1,888 sq. ft. · Leased · August 14, 2027

George West, TX · LNG Plant · 3,400 sq. ft. on 31.04 acres · Owned · N/A

Port Allen, LA · LNG Plant · 2,400 sq. ft. on 18.98 acres · Owned · N/A

The Company also leases marine bunkering staging sites in Texas on a short term basis to support operations. We believe that our existing facilities are adequate for our operations and their locations allow us to efficiently serve our customers.

Item 2 of the 10-K filed Mar 5, 2026.5

Leadership

Who has led Stabilis Solutions, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (31)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Diversenergy Mexico S.A.P.I. de C.V. Mexico4
  • Diversenergy, LLC Delaware4
  • Lisbon LNG LLC Washington4
  • M&I Electric Industries, Inc. Texas4
  • Mile High LNG LLC Delaware4
  • PEG Partners, LLC Delaware4
  • Prometheus Energy Canada Inc. Canada4
  • Prometheus Technologies, LLC Washington4
  • Stabilis Energy Mexico 1, LLC Texas4
  • Stabilis Energy Mexico 2, LLC Texas4
  • Stabilis Energy Services LLC Texas4
  • Stabilis Energy, LLC Texas4
  • Stabilis GDS, Inc. Delaware4
  • Stabilis GNL Mexico S.A.P.I. de C.V. Mexico4
  • Stabilis LNG Eagle Ford LLC Delaware4
  • Stabilis LNG Port Allen LLC Texas4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Stabilis Energy, Inc.Jul 30, 2019 to Sep 18, 20203
  • American Electric Technologies IncJan 31, 2007 to Jul 22, 20193
  • AMERICAN ACCESS TECHNOLOGIES INCDec 31, 1997 to May 16, 20073

Timeline

  1. Aug 11, 20268-K Shareholder vote52
  2. Aug 11, 20268-K Results of operations; Regulation FD disclosure53
  3. Jul 10, 20268-K Change of auditor54
  4. Jun 30, 20268-K Entered a material agreement; New debt or obligation55
  5. Jun 25, 20268-K Ended a material agreement56
  6. May 7, 20268-K Results of operations; Regulation FD disclosure57
  7. Apr 20, 20268-K Entered a material agreement58
  8. Apr 2, 20268-K Other events59
  9. Mar 4, 20268-K Results of operations; Regulation FD disclosure60
  10. Feb 17, 20268-K Results of operations; Regulation FD disclosure61
  11. Dec 18, 20258-K Regulation FD disclosure62
  12. Dec 17, 20258-K Entered a material agreement63
  13. Aug 25, 2021New chief executive Westervelt T. Ballard Jr. becomes CEO14
  14. Aug 5, 2019New chief executive James Calvin Reddinger becomes CEO15
  15. Mar 3, 2010New chief executive Charles M. Dauber becomes CEO16
  16. May 16, 2007New chief executive Arthur G. Dauber becomes CEO17
  17. Feb 1, 2006New chief executive John E. Presley becomes CEO18
  18. Oct 21, 1996Founded Stabilis Solutions, Inc. is founded2

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/202664

When it reported results

  1. Aug 11, 2026Reported quarterly or annual results53
  2. May 7, 2026Reported quarterly or annual results57
  3. Mar 4, 2026Reported quarterly or annual results60
  4. Feb 17, 2026Reported quarterly or annual results61
  5. Nov 5, 2025Reported quarterly or annual results65
  6. Aug 6, 2025Reported quarterly or annual results66
  7. May 7, 2025Reported quarterly or annual results67
  8. Feb 26, 2025Reported quarterly or annual results68

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

144 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 41 insider forms, 3 large holders, 36 other. The latest 20:

  1. Sep 10, 20264 EDGAR
  2. Aug 12, 202610-Q EDGAR
  3. Aug 11, 20268-K EDGAR
  4. Aug 11, 20268-K EDGAR
  5. Jul 10, 2026DEFA14A EDGAR
  6. Jul 10, 20268-K EDGAR
  7. Jun 30, 20268-K EDGAR
  8. Jun 30, 2026DEFA14A EDGAR
  9. Jun 30, 2026DEF 14A EDGAR
  10. Jun 25, 20268-K EDGAR
  11. May 14, 20264 EDGAR
  12. May 14, 20264 EDGAR
  13. May 7, 202610-Q EDGAR
  14. May 7, 20268-K EDGAR
  15. Apr 20, 20268-K EDGAR
  16. Apr 20, 2026424B5 EDGAR
  17. Apr 2, 20268-K EDGAR
  18. Mar 26, 2026EFFECT EDGAR
  19. Mar 23, 2026CORRESP EDGAR
  20. Mar 20, 2026UPLOAD EDGAR

The 144 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

29 open-market trades by officers, directors and large owners since October 2021: 29 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 9, 2026KUNTZ EDWARD LDirectorBuy5,000$5.41$27.1KForm 4
May 13, 2026KUNTZ EDWARD LDirectorBuy7,500$3.89$29.2KForm 4
May 12, 2026KUNTZ EDWARD LDirectorBuy167$3.60$601Form 4
May 12, 2026Puhala Andrew LewisChief Financial OfficerBuy2,000$3.68$7.4KForm 4
Feb 28, 2025KUNTZ EDWARD LDirectorBuy4,000$5.06$20.2KForm 4
Aug 29, 2024Puhala Andrew LewisChief Financial OfficerBuy3,000$4.05$12.2KForm 4
Aug 21, 2024Puhala Andrew LewisChief Financial OfficerBuy2,000$3.97$7.9KForm 4
Aug 15, 2024Puhala Andrew LewisChief Financial OfficerBuy423$4.28$1.8KForm 4
Jun 7, 2024Puhala Andrew LewisChief Financial OfficerBuy1,000$4.15$4.2KForm 4
May 22, 2024Puhala Andrew LewisChief Financial OfficerBuy1,138$3.99$4.5KForm 4
May 15, 2024Mitchell Peter C.DirectorBuy3,564$4.14$14.8KForm 4
Nov 13, 2023KUNTZ EDWARD LDirectorBuy5,000$4.91$24.6KForm 4
May 26, 2023KUNTZ EDWARD LDirectorBuy7,000$3.87$27.1KForm 4
May 17, 2023Morris MatthewDirectorBuy3,866$3.51$13.6KForm 4
May 16, 2023Morris MatthewDirectorBuy4,134$3.36$13.9KForm 4
Mar 13, 2023KUNTZ EDWARD LDirectorBuy7,000$3.63$25.4KForm 4
Mar 13, 2023Puhala Andrew LewisChief Financial OfficerBuy6,000$3.23$19.4KForm 4
Aug 15, 2022KUNTZ EDWARD LDirectorBuy5,006$4.37$21.9KForm 4
May 12, 2022Puhala Andrew LewisChief Financial OfficerBuy423$4.10$1.7KForm 4
May 11, 2022KUNTZ EDWARD LDirectorBuy1,000$4.16$4.2KForm 4

All 29 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Westervelt T. BallardJr.,$50.6K$1.5M71
2025Andrew Puhala,56$350.4K$536.1K71
2025J. Casey Crenshaw51$460.0K71
2024Chief Executive Officer (Former) *$540.0K$551.9K71
2024Chief Financial Officer$340.2K$476.2K71

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC210,541$852.7K0.0%+8,983
Bank Of America Corp /de/137,794$558.1K0.0%−38
Geode Capital Management, LLC56,734$229.8K0.0%+9,590
Sei Investments Co56,600$229.2K0.0%−56,600
Argent Trust Co52,674$213.3K0.0%No change
Citadel Advisors LLC29,008$117.5K0.0%New
Callahan Advisors, LLC24,516$99.3K0.0%−3,666
Sequoia Financial Advisors, LLC19,464$78.8K0.0%+2,000
Dimensional Fund Advisors LP17,865$72.4K0.0%−872
Vanguard Fiduciary Trust Co17,434$70.6K0.0%No change
Aventail Capital Group, LP16,604$67.2K0.0%New
Susquehanna International Group, Llp16,460$66.7K0.0%New
LPL Financial LLC13,415$54.3K0.0%+1,150
BlackRock, Inc.12,237$49.6K0.0%+993
State Street Corp10,454$42.3K0.0%No change
UBS Group AG9,317$37.7K0.0%−2,698
Tower Research Capital LLC (TRC)1,087$4.4K0.0%+680
Osaic Holdings, Inc.295$1.2K0.0%New
SBI Securities Co., Ltd.20$810.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Stabilis Solutions, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARStabilis Solutions, Inc.1
  • CIK0001043186
  • Employer ID (EIN)59-34102345
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inFlorida5
  • Fiscal year endsDecember 311
  • Industry code (SIC)4924 Natural Gas Distribution1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address11750 Katy Freeway, Suite 900, Houston, TX 770791
  • Phone83245665001
  • Shares outstanding18,596,301 as of Aug 7, 202613
  • Public float$24.7M as of Jun 30, 20255
  • AuditorHam, Langston and Brezina, L.L.P., Houston, Texas PCAOB ID 298; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceDec 31, 19971
  • Filings973 in all: 8-K (256), 4 (252), 10-Q (57), DEFA14A (36), 3 (35), 10QSB (29), DEF 14A (26), SC 13G/A (23)1
    All 57 form types

    10-K (19), UPLOAD (19), CORRESP (18), S-8 (16), 4/A (14), 424B3 (14), SC 13D/A (14), 8-K/A (10), SB-2/A (10), S-3/A (9), 5 (8), S-3 (8), SC 13G (8), 10KSB (7), PRE 14A (7), ARS (6), EFFECT (6), SB-2 (5), SC 13D (5), 10KSB/A (4), 10QSB/A (4), 3/A (4), PRER14A (4), NT 10-K (3), REGDEX (3), 10-Q/A (2), 10KSB40 (2), 424B1 (2), 424B4 (2), 424B5 (2), DEFM14A (2), POS AM (2), PREM14A (2), S-1 (2), S-1/A (2), 10-K/A (1), 25-NSE (1), 425 (1), 8-A12B (1), 8-A12G (1), CERT (1), D (1), DEFR14A (1), DEFS14A (1), NT 10-Q (1), RW (1), S-8 POS (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 5, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Proxy statement (DEF 14A) Jun 30, 2026
    Latest 8-K (8-K) Aug 11, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $.001 par valueSLNGNasdaq

From the cover page of the 10-K filed Mar 5, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Stabilis Solutions, Inc. names in Item 1A of its 10-K filed Mar 5, 2026: 43 risks under these headings, as written.5

  • Risks Related to Our Business
  • Our ability to implement our business strategy may be materially and adversely affected by many known and unknown factors.
  • Any failure to perform by our counterparties under agreements may adversely affect our operating results, liquidity and access to financing.
  • Cyclical or other changes in the demand for and price of LNG and natural gas may adversely affect our business and the performance of our customers which could have a material adverse effect on our business, contracts, financial condition, operating results, cash flows, liquidity and ability to execute our strategy.
  • Operation of our LNG infrastructure, liquefaction and other facilities involves significant risks.
  • Construction of new LNG infrastructure including new liquefaction and other facilities involves significant risks.
  • We expect to be dependent on contractors for the successful completion of our energy-related infrastructure.
  • We may be unable to integrate additions of new equipment and personnel to successfully deliver to our customers.
  • Our insurance may be insufficient to cover losses that may occur to our property or result from our operations.
  • Existing and future environmental, health and safety laws and regulations could result in increased compliance costs or additional operating costs or construction costs and restrictions.
  • Greenhouse Gases/Climate Change.
  • Changes in legislation and regulations could have a material adverse impact on our business, results of operations, financial condition, liquidity and ability to execute our strategy.
The other 32 risks
  • Global climate change may in the future increase the frequency and severity of weather events and the losses resulting therefrom, which could have a material adverse effect on the economies in the markets in which we operate or plan to operate in the future and therefore on our business.
  • Other natural or man-made disasters could result in an interruption of our operations, a delay in the completion of future facilities, higher construction costs or the deferral of the dates on which payments are due under our customer contracts, all of which could adversely affect us.
  • We may not be able to purchase or receive physical delivery of natural gas in sufficient quantities and/or quality or at economically attractive prices to satisfy our delivery obligations under our commercial agreements, which could have a material adverse effect on our business.
  • We face competition based upon market price for LNG or natural gas.
  • Technological innovation may render our liquefaction processes obsolete or significantly decrease the demand of LNG as a fuel source for our customers.
  • Some of our competitors have greater financial, technological and other resources than we currently possess.
  • Failure of LNG to be a competitive source of energy in the markets in which we operate, and seek to operate, could adversely affect our expansion strategy.
  • Our risk management strategies cannot eliminate all LNG price and supply risks. In addition, any non-compliance with our risk management strategies could result in significant financial losses.
  • We may experience increased labor costs, and the unavailability of skilled workers or failure to attract and retain qualified personnel could adversely affect us.
  • We may incur impairments to goodwill or long-lived assets.
  • Environmental, social, and governance (“ESG”) goals, programs, and reporting are being identified by capital providers and investors as a priority for the energy industry, and access to capital and investors for companies not prioritizing ESG may become limited.
  • We have operations and investment in foreign countries and we could experience losses from weakening foreign economies as well as unforeseen or unexpected operating, financial, political or cultural factors in these countries.
  • Risks Inherent in an Investment in Us
  • Investment in us is speculative.
  • We may require additional funding from various sources, which may not be available or may only be available on unfavorable terms.
  • We may incur losses over the next several years and may not maintain profitability.
  • Failure to maintain compliance with debt covenants could give our lenders the right to accelerate payment which could adversely affect our liquidity, our ability to continue expansion efforts and continue normal operations.
  • The loss of a significant customer or inability of a significant customer to perform under contract could adversely affect our operating results and ability to generate cash flows.
  • Raising additional capital may cause dilution to our stockholders or restrict our operations.
  • Our common stock is thinly traded with a limited market and volatile.
  • We are a “smaller reporting company” and, as a result of the reduced disclosure and governance requirements applicable to smaller reporting companies, our common stock may be less attractive to investors.
  • J. Casey Crenshaw has voting control over our Company.
  • In addition to Mr. Crenshaw’s ability to control all matters that require stockholder approval, provisions in our corporate charter documents and under Florida law could make an acquisition of the Company, which may be beneficial to stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management.
  • We do not anticipate that we will pay any cash dividends in the foreseeable future.
  • Our Chinese joint venture, BOMAY, has a limited life and is subject to risk that it may not be renewed.
  • General Risk Factors
  • Weakened global macro-economic and geopolitical conditions may adversely affect our industry, ability to access capital, business and results of operations.
  • Changes in U.S. trade policy including tariffs may have a material adverse effect on our business and results of operations.
  • Increased inflation or periods of prolonged inflation may adversely impact the economy, our industry and results of operations.
  • The spread of a new contagious illness such as COVID-19 or resurgence of a COVID-19 variant, may adversely affect our business, operations and financial condition.
  • A cyber incident could result in information theft, data corruption, operational disruption, operational delays and/or financial loss.
  • From time to time, we may be involved in legal proceedings and may experience unfavorable outcomes.
  • We will continue to incur costs and demands upon management as a result of complying with the laws and regulations affecting public companies.
  • If we fail to maintain proper and effective internal control over financial reporting, our operating results and our ability to operate our business could be harmed.

Legal proceedings

The Company becomes involved in various legal proceedings and claims in the normal course of business. In management’s opinion, the ultimate resolution of these matters will not have a material effect on our financial position or results of operations.

See Note 12 of the Notes to Consolidated Financial Statements for a discussion of our commitments and contingencies and any outstanding legal matters.

The opening of Item 3, Legal Proceedings.5

Sources

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  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71