What changed 10-K

Item 1A. Risk Factors

2021-04-15 compared with 2020-04-15 · 1 added, 1 removed, 120 unchanged (2% of the section changed)

27 unchanged sentences

If weakness in the telecommunications industry or the global economy reduces our ability to collect our accounts receivable from our major customers our profitability may be substantially reduced.

While our most significant customers, from a revenue perspective, vary from quarter to quarter, our eight largest customers (5% of our total customer base) collectively accounted for 70% of total consolidated revenues in fiscal year 2019.

While our most significant customers, from a revenue perspective, vary from quarter to quarter, our fourteen largest customers (5% of our total customer base) collectively accounted for 80% of total consolidated revenues in fiscal year 2020.

This concentration of revenues increases our exposure to non-payment by our larger customers, and we may experience significant write-offs if any of our large customers fail to pay their outstanding balances, which could adversely affect our revenues and profitability.

91 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.