Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
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New words:
American, Angel, artificial, attorney, Bitty, burden, Cameo, CEO, Child, chronic, Citizen, cofounded, Columbia, combat, CONTENTSReport, Crunchyroll, cryptographic, CSF, cutting, deceptive, delegated, Demon, deployed, derecognition, designee, Droppp, Eastern, Ellation, epidemic, film, footwear, Fullscreen, Galaxy, Gardening, geopolitical, guide, Guild, Gunpowder, Headspace, heard, HipDot, History, Homepage, hydrological, iFilm, intelligence, intensify, Israel, joint, judgement, LBY, leasehold, magnitude, MeatEater, MessageMe, Mike, Moorad, Night, NIST, nonrecurring, OECD, offshore, opportunistic, opposition, Otter, outdoor, overlapping, Pillar, PLL, pose, prioritized, procure, prompting, Radio, ran, recession, Reclassification, redefined, representation, reset, resort, restocking, retroactive, Road, route, sabbatical, Screen, SketchyMedical, Sky, Slayer, Sofar, Sportswear, spot, Sr, Steinberg, Studen, summer, Sunshine, superseded, Surfline, SVP, taxpayer, thousand, UCLA, undertaken, unfair, unfinished, uninsured, unremediated, VF, viability, viii, Vol, wave, wealth, wrote, Yahoo
Removed:
aware, Ball, Bath, begun, bilateral, Boulevard, Brexit, complement, concluding, congregation, consented, constituted, cooperation, designer, disease, Dragon, Estimating, Ferreira, foot, France, functionality, FX, Germany, half, handle, Hollywood, iconic, incorporate, incremental, initiated, intrusion, Ireland, leather, leave, Los, opened, OriginalFunko, Paka, projecting, ratified, recreating, referendum, remeasured, request, research, Spain, stability, studio, subsequent, surge, swing, tampering, theater, theme, typical, underwritten, Venomized, Walmart, withdrawal, withdrew
Financial report summary
?Risks
- Our success depends on our ability to execute our business strategy.
- Our success depends, in part, on our ability to successfully manage our inventories.
- If we fail to manage our growth effectively, our financial performance may suffer.
- Our business is dependent upon our license agreements, which involve certain risks.
- Global and regional economic downturns that negatively impact the retail and credit markets, or that otherwise damage the financial health of our retail customers and consumers, can harm our business and financial performance.
- Changes in the retail industry and markets for consumer products affecting our retail customers or retailing practices could negatively impact our business, financial condition and results of operations.
- If we do not effectively maintain and further develop our relationships with retail customers and distributors, our growth prospects, business and results of operations could be harmed.
- Our business, financial condition and results of operations have been, and may in the future be adversely affected by epidemics, pandemics or other public health crises, such as the COVID-19 pandemic.
- Our industry is highly competitive and the barriers to entry are low. If we are unable to compete effectively with existing or new competitors, our sales, market share and profitability could decline.
- Our gross margin may not be sustainable and may fluctuate over time.
- Our business is largely dependent on content development and creation by third parties.
- We may not realize the full benefit of our licenses if the properties we license have less market appeal than expected or if sales from the products that use those properties are not sufficient to satisfy the minimum guaranteed royalties.
- An inability to develop and introduce products in a timely and cost-effective manner may damage our business.
- If we are unable to obtain, maintain and protect our intellectual property rights, in particular trademarks and copyrights, or if our licensors are unable to maintain and protect their intellectual property rights that we use in connection with our products, our ability to compete could be negatively impacted.
- Our success depends on our ability to operate our business without infringing, misappropriating or otherwise violating the trademarks, copyrights and proprietary rights of other parties.
- Our operating results may be adversely affected and damage to our reputation may occur due to production and sale of counterfeit versions of our products.
- Our success is critically dependent on the efforts and dedication of our officers and other employees, and the loss of one or more key employees, or our inability to attract and retain qualified personnel and maintain our corporate culture, could adversely affect our business.
- Our operating results may fluctuate from quarter to quarter and year to year due to the seasonality of our business, as well as due to the timing and popularity of new product releases.
- Our use of third-party manufacturers to produce our products presents risks to our business.
- We are subject to a series of risks related to climate change.
- Increased attention to, and evolving expectations for, sustainability and environmental, social, and governance (“ESG”) initiatives could increase our costs, harm our reputation, or otherwise adversely impact our business.
- Our substantial sales and manufacturing operations outside the United States subject us to risks associated with international operations.
- Increases in tariffs, trade restrictions or taxes on our products could have an adverse impact on our operations.
- Unanticipated changes in effective tax rates or adverse outcomes resulting from examination of our income or other tax returns could adversely affect our operating results and financial condition.
- Our business depends in large part on our vendors and outsourcers, and our reputation and ability to effectively operate our business may be harmed by actions taken by these third parties outside of our control.
- Our e-commerce business is subject to numerous risks that could have an adverse effect on our business and results of operations.
- We could be subject to future product liability suits or product recalls which could have a significant adverse effect on our financial condition and results of operations.
- We are currently subject to securities class action and derivative litigation and may be subject to similar or other litigation in the future, all of which will require significant management time and attention, result in significant legal expenses and may result in unfavorable outcomes, which may have a material adverse effect on our business, operating results and financial condition, and negatively affect the price of our Class A common stock.
- We may not realize the anticipated benefits of acquisitions or investments, the realization of such benefits may be delayed or reduced or our acquisitions or investments may have unexpected costs.
- The further development and acceptance of blockchain networks, which are part of a new and rapidly changing industry, are subject to a variety of factors that are difficult to evaluate. The slowing or stopping of the development or acceptance of blockchain networks and blockchain assets could have an adverse material effect on the successful development and adoption of our non-fungible token (“NFT”) and digital collectible business.
- Use of social media may materially and adversely affect our reputation or subject us to fines or other penalties.
- Our indebtedness could adversely affect our financial health and competitive position.
- We may not be able to secure additional financing on favorable terms, or at all, to meet our future capital needs.
- TCG has significant influence over us, including over decisions that require the approval of stockholders, and its interests, along with the interests of our Continuing Equity Owners and certain other parties, in our business may conflict with the interests of our other stockholders.
- Our amended and restated certificate of incorporation provides that the doctrine of “corporate opportunity” does not apply with respect to any director or stockholder who is not employed by us or our subsidiaries.
- Our principal asset consists of our interest in FAH, LLC, and accordingly, we depend on distributions from FAH, LLC to pay taxes and expenses, including payments under the Tax Receivable Agreement. FAH, LLC’s ability to make such distributions may be subject to various limitations and restrictions.
- In certain circumstances, FAH, LLC will be required to make distributions to us and the Continuing Equity Owners and certain of their transferees, and the distributions that FAH, LLC will be required to make may be substantial.
- Our Tax Receivable Agreement requires us to make cash payments in respect of certain tax benefits to which we may become entitled, the amounts that we may be required to pay could be significant, and we may not realize such tax benefits.
- The amounts that we may be required to pay to the TRA Parties under the Tax Receivable Agreement may be accelerated in certain circumstances and may also significantly exceed the actual tax benefits that we ultimately realize.
- We will not be reimbursed for any payments made to the TRA Parties under the Tax Receivable Agreement in the event that any tax benefits are disallowed.
- Our organizational structure, including the Tax Receivable Agreement, confers certain benefits upon the TRA Parties that will not benefit Class A common stockholders to the same extent as it will benefit the Continuing Equity Owners and transferees.
- The Continuing Equity Owners own common units in FAH, LLC, and the Continuing Equity Owners have the right to redeem their common units in FAH, LLC pursuant to the terms of the FAH LLC Agreement for shares of Class A common stock or cash.
- You may be diluted by future issuances of additional Class A common stock or common units in connection with our incentive plans, acquisitions or otherwise; future sales of such shares in the public market, or the expectations that such sales may occur, could lower our stock price.
- We do not intend to pay dividends on our Class A common stock for the foreseeable future.
- Delaware law and certain provisions in our amended and restated certificate of incorporation and our amended and restated bylaws may prevent efforts by our stockholders to change the direction or management of our company.
- Our amended and restated certificate of incorporation provides, subject to certain exceptions, that the Court of Chancery of the State of Delaware will be the sole and exclusive forum for certain stockholder litigation matters and our amended and restated bylaws designate the federal district courts of the United States as the exclusive forum for actions arising under the Securities Act, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, employees or stockholders.
- We may issue shares of preferred stock in the future, which could make it difficult for another company to acquire us or could otherwise adversely affect holders of our Class A common stock, which could depress the price of our Class A common stock.
- As a public reporting company, we are subject to rules and regulations established from time to time by the SEC regarding our internal control over financial reporting. Any failure to establish and maintain effective internal control over financial reporting and disclosure controls and procedures may cause us to not be able to accurately report our financial results or report them in a timely manner.
- Changes in foreign currency exchange rates can significantly impact our reported financial performance.
- If our or our third-party providers' electronic data is compromised our business could be significantly harmed.
- Any impairment in the value of our goodwill or other assets could adversely affect our financial condition and results of operations.
- Our Class A common stock price may be volatile or may decline regardless of our operating performance and you may not be able to resell your shares at or above the price you paid for them.
- We may fail to meet analyst expectations, or analysts may issue unfavorable commentary about us or our industry or downgrade our Class A common stock, which could cause the price of our Class A common stock to decline.
- A 1% U.S. federal excise tax could be imposed on us if we were to undertake redemptions or certain other transactions.
- Failure to comply with anti-corruption and anti-bribery laws could result in fines, criminal penalties and materially adversely affect our business, financial condition and results of operations.
- A failure to comply with laws and regulations relating to privacy and the protection of personal information may result in negative publicity, claims, investigations and litigation, and adversely affect our financial performance.