The Company’s business, financial condition, results of operations and cash flows are subject to various risks which could cause actual results to vary from recent results or from anticipated future results.
−Removed: Other than the supplemental risk factor set forth below, there have been no material changes to the risk factors disclosed in Part I—Item 1A, Risk Factors of our Form 10-K
+Added: Other than the supplemental risk factors set forth below, there have been no material changes to the risk factors disclosed in Part I - Item 1A, Risk Factors of our Form 10-K
for the year ended December 31, 2019.
14 unchanged sentences
and evaluate its impact on our business, including new information as it emerges concerning its severity and the continuation and possible escalation of new cases, and any actions to prevent, contain or treat it, among others.
+Added: These developments are constantly evolving and cannot be accurately predicted.
The extent to which COVID-19
may impact our business will depend on future developments, which are highly uncertain and cannot be predicted.
+Added: Currently, we continue to operate at output levels similar to those prior to the COVID-19
+Added: pandemic, and the pandemic has not had a material adverse effect on our business, results of operations, cash flows or financial condition.
+Added: We are actively managing our business to respond to the impact, such as engaging with our distributor network regarding market demand, ongoing communications with our suppliers, and continuing to ensure the safety of our employees.
+Added: Labor shortages or increases in labor costs could adversely impact our business and results of operations.
+Added: If we are not successful in our recruiting and retention efforts, we could encounter a shortage of qualified employees in future periods.
+Added: Any such shortage would decrease our ability to produce sufficient quantities of our product to serve our customers effectively.
+Added: Such a shortage may also require us to pay higher wages for employees and incur a corresponding reduction in our profitability.
+Added: Labor is a key component of our production process.
+Added: We rely heavily on our employees and any shortage of qualified labor could adversely affect our business.
+Added: Our success is dependent upon recruiting qualified employees to manufacture our product.
+Added: Our future success depends on, among other things, our ability to identify, attract, hire, train, retain and motivate operational personnel on a timely basis as we continue our pace of growth.
+Added: Further, improvements in the economy and labor markets could impact our ability to attract and retain key personnel.
+Added: We foster the development and engagement of our employees, and our compensation, incentive and benefit packages encourage retention of our employees and aid in our ability to attract personnel.
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.