Brivo SPAC Presentation Deck slide image

Brivo SPAC Presentation Deck

Risk factors (cont'd) • We benefit from integration of our products and services with third-party platform providers. If these developers choose not to work with us, or are acquired by our competitors, our business and results of operations may be harmed. • Our applications run on mobile operating systems, networks, and devices that we do not control and we rely on wireless carriers to provide access to wireless networks through which we provide our wireless alarm, notification and intelligent automation services, and any interruption of such access would impair our business. • The proper and efficient functioning of our network operations centers and data back-up systems is central to our products and services. • Failure to maintain the security of our information and technology networks, including information relating to our channel partners, other service providers, subscribers and employees, could adversely affect us. ● If our security measures are breached, including any breaches caused by cyber-attacks, our reputation may be damaged, we may be exposed to significant liabilities under U.S. and foreign laws, and our business and results of operations may be adversely affected. We rely, in part, on our channel partner network to acquire additional subscribers, and the inability of our channel partners to attract additional subscribers or retain their current subscribers could adversely affect our operating results. • We receive a substantial portion of our revenue from a limited number of channel partners, and the loss of, or a significant reduction in, orders from one or more of our major channel partners would result in decreased revenue and profitability. ● We provide minimum service level commitments to some of our channel partners, and our failure to meet them could cause us to issue credits for future services or pay penalties, which could harm our results of operations. • We have indemnity obligations to some of our channel partners for expenses and liabilities, including expenses and liabilities resulting from intellectual property infringement claims regarding our products and services, which could force us to incur substantial costs. We have relatively limited visibility regarding the consumers that ultimately purchase our products and services, and we often rely on information from third-party service providers to help us manage our business. If these service providers fail to provide timely or accurate information, our ability to quickly react to market changes and effectively manage our business may be harmed. • We depend on our suppliers, manufacturers and other relationships and the loss of any key supplier, manufacturer or other relationship could materially and adversely affect our business, financial condition, cash flows and results of operations. • We have limited control over our suppliers, manufacturers, and logistics providers, which may subject us to significant risks, including the potential inability to produce or obtain quality products and services on a timely basis or in sufficient quantity. Obrivo. 43
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