FDS: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-10-16
⚠ AI Risk Brief Interpretation layer — deterministic data below

FDS faces expanded regulatory and contractual pressures around data privacy, AI governance, and sustainability compliance.

Direction ↑ More concerning
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

3
New Risks
4
Removed
15
Modified
11
Unchanged
🟢 New in Current Filing Disclosure change8/10

Clients are seeking additional contractual protections that may create additional liabilities for us

🟢 New in Current Filing Increased scrutiny with respect to sustainability matters 🔒
🟡 Modified Compliance with global data privacy laws which are constantly evolving 🔒
🟢 New in Current Filing If we fail to maintain proper and effective internal control and remediate any future control deficiencies, our ability or perceived ability to produce accurate and timely financial statements or reporting could be impaired, which could harm our business. 🔒

And 18 more changes in the full comparison.

21 more changes in this filing

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