Energy Recovery, Inc.
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-09-30; filed 2024-10-30.
0001421517-24-000191
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2025-03-31; filed 2025-05-07.
0001421517-25-000078
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 3 previous paragraphs and 20 current paragraphs.
1 unchanged; 1 reworded; 18 added; 1 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (18)
Current report
Changes in U.S. policy, including the imposition of or increases in tariffs, changes to existing trade agreements and any
Current report
resulting changes in international trade relations, such as reciprocal tariffs or trade wars, particularly with regard to China, may
Current report
have a material adverse impact on impact on our business, results of operations, or financial condition.
Current report
In January 2025, the global tariff landscape began to quickly change with the U.S. implementing new and/or increased tariffs on
Current report
various foreign countries, either generally or with respect to certain products. Certain foreign countries, including China have, and may
Current report
continue to, change their tariff policies in response to changes in the U.S. tariff policy.
Current report
These recent tariffs and the subsequent retaliatory tariffs could increase the cost of goods for our products or reduce our ability to sell
Current report
products globally, particularly in China, which may adversely affect our operating results and financial condition. So far, these new tariffs and
Current report
trade policies have not had a significant impact on our business operations and financial results, primarily due to our prior efforts to
Current report
accumulate and maintain inventories at favorable cost levels. However, there is no guarantee that we can avoid the impact of tariff and
Current report
related economic effects in the future, and these trade measures and retaliations may directly impact our business by increasing trade-related
Current report
costs or affecting the demand for our products globally, and specifically in China.
Current report
Any further unfavorable government policies on international trade, such as capital controls or tariffs, may affect the demand for our
Current report
products and services, impact the competitive position of our products or prevent us from selling products in certain countries. If any new
Current report
tariffs, legislation and/or regulations are implemented, or if existing trade agreements are renegotiated or, in particular, if the U.S. government
Current report
takes retaliatory trade actions due to the recent U.S.-China trade tension, such changes could have an adverse effect on our business,
Removed paragraphs (1)
Reworded paragraphs (1)
Previous wording
There have been no material changes in our risk factors from those disclosed in Part I, Item 1A, “Risk Factors,” in the 2023 Annual
Current wording
Except as noted below, there have been no material changes in our risk factors from those disclosed in Part I, Item 1A, “Risk Factors,”