CYANOTECH CORP
For the period ended Mar 31, 2025. Filed Jun 20, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jun 20, 2025
Contents
Cautionary Note Regarding Forward-Looking Statements
This Report and other presentations made by Cyanotech Corporation (“CYAN”) and its subsidiary contain “forward-looking statements,” which include statements that are predictive in nature, depend upon or refer to future events or conditions, and usually include words such as “expects,” “anticipates,” “intends,” “plan,” “believes,” “predicts”, “estimates” or similar expressions. In addition, any statement concerning future financial performance, ongoing business strategies or prospects and possible future actions are also forward-looking statements. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties and the accuracy of assumptions concerning CYAN and its subsidiary (collectively, the “Company”), the performance of the industry in which CYAN does business, and economic and market factors, among other things.These forward-looking statements are not guarantees of future performance. You should not place undue reliance on forward-looking statements.
Forward-looking statements speak only as of the date of the Report, presentation or filing in which they are made. Except to the extent required by the Federal Securities Laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Our forward-looking statements in this Report include, but are not limited to:
| ● | Statements relating to our business strategy; |
| ● | Statements relating to our business objectives; and |
| ● | Expectations concerning future operations, profitability, liquidity and financial resources. |
These forward-looking statements are subject to risk, uncertainties and assumptions about us and our operations that are subject to change based on various important factors, some of which are beyond our control. The following factors, among others, could cause our financial performance to differ significantly from the goals, plans, objectives, intentions and expectations expressed in our forward-looking statements:
| ● | Environmental restrictions, soil and water conditions, levels of sunlight and seasonal weather patterns, particularly heavy rain, wind and other hazards; |
| ● | Consumer perception of our products due to adverse scientific research or findings, publicity regarding dietary supplements, litigation, regulatory investigations or other events, conditions and circumstances involving the Company which receive national media coverage; |
| ● | Effects of competition, including tactics and locations of competitors and operating and market competition; |
| ● | Demand for our products, the quantities and qualities thereof available for sale and levels of customer satisfaction, including significant unforeseen fluctuations in global demand for products similar to our products; |
| ● | Changes in purchasing practices among our customers, particularly our largest customers; |
| ● | Our dependence on the experience, continuity and competence of our executive officers and other key employees; |
| ● | The added risks associated with or attributed to the current local, national and world economic conditions, including but not limited to, the volatility of crude oil prices, inflation and currency fluctuations; |
| ● | Labor shortages could restrict our ability to operate or grow our business or result in increased labor costs that could adversely affect our results of operations; |
| ● | The effects of global outbreaks of pandemics or contagious diseases or fear of such outbreaks, including on our supply chain, the demand for our products, our ability to expand and produce in new geographic markets or the timing of such expansion efforts, and on overall economic conditions and consumer confidence and spending levels; |
| ● | Changes in domestic and/or foreign laws, regulations or standards, affecting nutraceutical products or our methods of operation; |
| ● | Access to available and reasonable financing on a timely basis; |
| ● | The availability of financing on acceptable terms to provide operating capital in the event of an unexpected cash shortfall; |
| ● | The Company’s inability to generate enough revenues to meet its obligations or repay maturing indebtedness; |
| ● | Failure of capital projects to operate as expected or meet expected results; |
| ● | Changes in laws, corporate governance requirements and tax rates, regulations, accounting standards and the application to us or the dietary supplement products industry of new decisions by courts, regulators or other government authorities; |
| ● | Legal costs associated with any legal proceedings, and the potential direct and indirect cost and other effects on our business or financial condition resulting from any legal proceedings |
| ● | Risk associated with the geographic concentration of our business; |
| ● | Acts of war, terrorist incidents or natural disasters; and |
| ● | Other risks or uncertainties described elsewhere in this Report and in other periodic reports previously and subsequently filed by us with the Securities and Exchange Commission. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.